Decision tree analysis is more commonly used in valuing securities than real assets. True or False: The preceding statement is correct. O False True Which type of real option allows the output and/or inputs in the production process to be altered, depending on how market conditions change during a project's life? O Flexibility option O Abandonment option O Expansion option O Timing 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