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Match the business or personal situations with the types of real options. You book a hotel room, and you can cancel the booking two days

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Match the business or personal situations with the types of real options. You book a hotel room, and you can cancel the booking two days before the checking-in date. An oil company leases a piece of land where it can extract oil. The company plans to start extraction when the oil price is good. ABC is considering introducing scooter sharing to Sydney CBD. If the initial market responds well, it could introduce the business to greater Sydney areas

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