1. In what way is the development of a copper mine like Antamina a real option? In what was is the bidding structure put in place by the Peruvian government an option? What is the correspondence between these real options and financial options? What other real options does the owner of Antamina have? 2. Conceptually, how would you build a real options model to value the Antamina project? What data and assumptions would you need