Consider the following statement about real option: Decision tree analysis is more commonly used in valuing securities than real assets. True or false: The preceding statement is correct. True False Which type of real option allows a firm to postpone a project until it can gather more information? Growth option Investment timing option Abandonment option Flexibility option Consider the following example: Smoltz Motors has plants around the country that specialize in specific models of cars. Smoltz has determined that lower demand has led the firm's inventory of SUVs to be too high. Smoltz wants to stop production for its SUVs and focus on its sedans. This example describes a real option to