Question: Please answer the following :) If a gold mine allows the investor the option to dig later, what must happen for the option to be

Please answer the following :)

Please answer the following :) If a gold mine
If a gold mine allows the investor the option to dig later, what must happen for the option to be exercised? O The probability of oil prices increasing must be less than the probability of oil prices decreasing. 0 Gold prices must be high relative to possible future prices. 0 The present value of oil must be higher than the future value of oil. 0 Interest rates must increase

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