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Which of the following are examples of real options? 1 . 1 ) the option to expand if an investment project succeeds 2 . 2

Which of the following are examples of real options? 1.1) the option to expand if an investment project succeeds
2.2) the option to wait (and learn) before investing
3.3) the option to shrink or abandon a project
4.4) the option to vary the mix of output or the firm's production methods
A)1,2,3, and 4
B)1 and 2 only

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