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15. Which of the following are not real options? a. The option to expand production if the product is successful. b. The option to buy

15. Which of the following are not real options?

a. The option to expand production if the product is successful.

b. The option to buy additional shares of stock if the stock price goes up.

c. The option to expand into a new geographic region.

d. The option to abandon a project.

e. The option to switch sources of fuel used in an industrial furnace.

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