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A 2008 study by Stout, Xie, and Qi argues that managers should use real options when making long-term investment decisions because such utilization can help

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A 2008 study by Stout, Xie, and Qi argues that managers should use real options when making long-term investment decisions because such utilization can help optimize the capital budgeting process. Explain this line or reasoning. Include a clear definition of real options in your

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