You will read the text portion of your company's (DISNEY CORP) annual report. As you do so, focus on the following:
• Identify potential real options that might arrive in this firm's business.
• Are these options industry specific or company specific?
• How would these options affect their capital budgeting process?
• Justify your answers.
Write up a 1-page summary of your findings, including any calculations you might have made, and relate how you reached your conclusion.