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Which of the following is NOT a real option? a. The option to expand into a new geographic region. b. The option to abandon a

Which of the following is NOT a real option?

a. The option to expand into a new geographic region.

b. The option to abandon a project.

c. The option to switch the type of fuel used in an industrial furnace.

d. The option to expand production if the product is successful.

e. The option to buy shares of stock if its price goes up.

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