WHICH OF THE FOLLOWING IS NOT AN EXAMPLE OF A REAL OPTION

127. Which of the following is NOT an example of a real option? a. The ability of a company to shut down a mine until operating conditions improve b. The ability to sell a successful domestic product in the international market place c. The ability to transfer goods from a party in one country directly to a party in another country in exchange for some other goods of equal value d. The ability to delay an important operating decision until more information can be gathered