Good evening Professor, I hope this message finds you well.
I would like to ask if the exercise from sheet Options (iv) in the Excel examples for class is part of the study material for the exam? In an announcement, it was mentioned that "the last example on real options is extra material and not relevant for the exam." I am a bit confused about which example this refers to and on which slide it can be found.
I apologize for the confusion. I would appreciate it if you could clarify this for me.
Thank you very much!