### Is CFA a friction pile?

Continuous flight auger piles are used for places with unstable soil conditions and high level of ground water table. These piles can be terminated in clays, granular soils, in soft rock or can be taken to hard load bearing strata i.e. bearing type of piles or friction piles due to their continuous operation.

### Why are real options useful?

Real options can include the decision to expand, defer or wait, or abandon a project entirely. Real options have economic value, which financial analysts and corporate managers use to inform their decisions.

### How can I make money from calls?

Call options are “in the money” when the stock price is above the strike price at expiration. The call owner can exercise the option, putting up cash to buy the stock at the strike price. Or the owner can simply sell the option at its fair market value to another buyer before it expires.

### What are the 3 methods of investment appraisal?

The methods of investment appraisal are payback, accounting rate of return and the discounted cash flow methods of net present value (NPV) and internal rate of return (IRR).

### What are the difference between NPV and IRR?

What Are NPV and IRR? Net present value (NPV) is the difference between the present value of cash inflows and the present value of cash outflows over a period of time. By contrast, the internal rate of return (IRR) is a calculation used to estimate the profitability of potential investments.

### What is real option reasoning?

Real options reasoning (ROR) is a conceptual approach to strategic investment that takes into. account the value of preserving the right to make future choices under uncertain conditions. In. this study, we explore firms' motivations to invest in a new option.

### What is Flex contract?

Flexible exchange options, or FLEX options, are nonstandard options that allow both the writer and purchaser to negotiate various terms. Terms that are negotiable include the exercise style, strike price, and expiration date, as well as other features and benefits.

### What is option and types of option?

An option is a derivative, a contract that gives the buyer the right, but not the obligation, to buy or sell the underlying asset by a certain date (expiration date) at a specified price (strike price). There are two types of options: calls and puts.

### Can the value of a real option be negative?

Thus the value of the real option to invest in one store, wait a year, and invest next year is 0.41M. Given this, the firm should opt by opening one store. This simple example shows that a negative net present value does not imply that the firm should not invest.

### What is a financial option?

A financial option is a contract, defined as a derivative drawing its value on a set of underlying variables (perhaps the volatility of the stock underlying the option). It comprises two parties (option writer and option buyer).

Project CFA