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What does a real option in a project investment represent? The tangible assets owned by a company The flexibility to make future decisions regarding investments
What does a real option in a project investment represent?
The tangible assets owned by a company
The flexibility to make future decisions regarding investments
A fixed obligation to invest in a project
The present value of expected future cash flows
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International Financial Management
Authors: Geert Bekaert, Robert J. Hodrick
2nd edition
013299755X, 132162768, 9780132997553, 978-0132162760
