The option to abandon (or sell )a project,such as the right to abandon a coal mine,is most similar to:

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A put option on a stock gives the holder the right to sell the stock at a specific price, which is similar to the right to abandon or sell a project. Both options allow the holder to exit an investment if it is not performing as expected or if the market conditions change. A swap contract, a call option on a stock, and a futures contract on a bond are not directly related to the option to abandon or sell a project.

The Option to Abandon (Or Sell )A Project,such as the Right