The presence of managerial, or real, options the value of an investment project. Which of the following statements is most accurate about real options? Real options always give managers the flexibility to decide to either invest in a project or wait to make a more calculated decision at a later date. Real options can give managers the flexibility to decide to either invest in a project or wait to make a more calculated decision at a later date. Real options do not give managers the flexibility to decide to either invest in a project or wait to make a more calculated decision at a later date. Real options restrict managers to waiting before deciding on making an investment in a project. Different methods are used to look for real options and valuing them. The following table lists five possible methods. Select their order of simplicity with 1 being the most simple procedure and 5 being the most difficult procedure