不是很理解选项B

问题如下：

Which of the following statements about real options is accurate?

选项：

A.

Real options provide companies the ability to abandon projects with poor profitability.

B.

Option pricing models give the most precise estimates of a real option’s value.

C.

Real options enable a refinery to hedge against future crude oil price fluctuations.

解释：

A is correct. An abandonment option is a type of real option, which allows a company to abandon the investment after it is undertaken.

B is incorrect because even though real options can be priced using option pricing models, the estimates require multiple unobservable inputs, such as probabilities of events and timing of their occurrence. The complexity does not necessarily improve accuracy.

C is incorrect because real options provide companies with flexibility with regard to future decisions; however, they do not allow the hedging of commodity prices. The risk of crude oil price changes can be hedged using financial options, not real options​​.