Examlex
In the above figure, item 2 is ____.
Real Option
A choice made available to managers regarding investment opportunities, considering the flexibility to adapt to market changes.
Call
A contract that grants the holder the ability, though not the requirement, to purchase a certain quantity of an underlying asset at a predetermined price before a specified deadline.
Exercise Price
The set price at which an option's holder has the right to purchase (call) or sell (put) the underlying asset.
Stock Price
indicates the current price at which a share of a company can be bought or sold on a stock exchange.
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