Consider the following scenario. SuperSodas, an international soft drink manufacturing company of Latin American origin, recently acquired a 40% interest in a Southeast Asian bottler. SuperSodas' stake was limited because laws in the Southeast Asian country prohibited companies that were more than 40% foreignowned from acquiring real estate. Among the synergies projected by SuperSodas was the estimated $87 million in total revenue enhancements (in today's value) if the Southeast Asian bottler were to build another plant and market SuperSodas trademarked soft drinks in the country's southern region, which was currently underserved. Purchasing land and building a new plant would require an initial investment of $48 million. The government in the Southeast Asian country has policies in place to promote investments in the southern region in the next 5 years. After that, the government may switch its attention to the northern region. Is there an option embedded in this acquisition and how might you go about valuing it (no calculation required) (around 35 marks)