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A developer buys twice as much land as is needed to build a project so that, if everything goes well, a second facility can be

A developer buys twice as much land as is needed to build a project so that, if everything goes well, a second facility can be added to the project. The developer is prepared to exercise the:

a. option to rebuild

b. option to expand

c. option to default

d. option to wait

e. option to abandon

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