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Which of the following four statements is correct about real options? A. Real options are very complicated and can only be solved using the binomial

Which of the following four statements is correct about real options? A. Real options are very complicated and can only be solved using the binomial method B. Traditional NPV analysis does take into account the value of real options C. Ignoring the embedded real options in a project may cause the manager to make the wrong budgeting decisions D. Whether a real option has a positive or negative value depends on the volatility

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