List Three Kinds of Real Options That Are Most Frequently

question 2

Essay

List three kinds of real options that are most frequently encountered in practice.

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Definitions:

Front Bumper

The front-most part of a vehicle designed to absorb impact in the event of a collision, protecting the vehicle and its occupants.

Positive Caster

Alignment setting of the wheels where the steering axis tilts toward the driver, improving vehicle stability and steering effort at high speeds.

Caster Shim

A shim used in the caster of a wheel assembly to adjust the angle of the wheel pivot, affecting steering and stability.

Frame Angle

The angle formed between a horizontal line and one drawn parallel to the frame.