Question 10 / 22:  All of the following are typical types of real options found in development projects or developable land ownership, except:
A  The wait option
B  The phasing option
C  The switch option
D  The refinance option
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Real Estate Finance & Investment Final Exam 2006

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Attribution:  Geltner, David, and Tod McGrath. 11.431J Real Estate Finance and Investment, Fall 2006. (MIT OpenCourseWare: Massachusetts Institute of Technology), http://ocw.mit.edu/courses/urban-studies-and-planning/11-431j-real-estate-finance-and-investment-fall-2006 (Accessed 1 May, 2014). License: Creative Commons BY-NC-SA
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