Question: A developer buys twice as much land as is needed to build a project so that, if everything goes well, a second facility can be
A developer buys twice as much land as is needed to build a project so that, if everything goes well, a second facility can be added to the project. The developer is prepared to exercise the:
a. option to rebuild
b. option to expand
c. option to default
d. option to wait
e. option to abandon
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