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Basic Question 4 of 6
If a firm has the option to abandon a project during its life, this amounts to a ______ option on the remaining cash flows associated with the project. A. call
B. put
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.

Tamara Schultz
Learning Outcome Statements
describe types of real options relevant to capital investments
CFA® 2026 Level I Curriculum, Volume 2, Module 5.