Valuation of Sequential Compound Option to Default During Construction Included in R&D Project. Case Study

The article presents a case study of valuation of sequential compound option to default during construction included in RD project. The main goal of the author is to present methodological issues of application the binominal tree algorithm into real capital budgeting process. In order to achieve the...

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Bibliographic Details
Main Author: Paweł Mielcarz
Format: Article
Language:English
Published: VIZJA University 2008-09-01
Series:Contemporary Economics
Online Access:http://ce.vizja.pl/en/download-pdf/id/77
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