Real Option Modeling and Valuation: A Decision Analysis Approach Using DPL and Excel by James DiLellio
English | ISBN: B071VG55JV | 137 pages | PDF | May 4, 2017 | 11 Mb
English | ISBN: B071VG55JV | 137 pages | PDF | May 4, 2017 | 11 Mb
The application of option pricing methods, which were initially developed for financially-traded
assets, are now often applied to the valuation of options on real assets. Real options, or options
on real assets, supplements standard discounted cash flow valuation approaches by including the
value of managerial flexibility. Real Option Modeling and Valuation attempts to bridge the gap
between theory and practice using the commercially available software program DPL© (Decision
Programming Language) and Excel® to provide a decision tree approach to valuation using real
options