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    Exam 14: Derivatives: Analysis and Valuation
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    A Real Option Is a Reference to
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A Real Option Is a Reference to

Question 70

Question 70

Multiple Choice

A real option is a reference to


A) Options on physical assets.
B) Options on commodity futures.
C) The value of flexibility embedded in a real asset.
D) Choices a and b.
E) Choices b and c.

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