Real Options in practice Chapter 7 potx

Routing Protocols and Concepts: Chapter 7 potx

Routing Protocols and Concepts: Chapter 7 potx

... 1 34 Example 5 172 . 17. 2.0/24 172 . 17. 1.0/24 .1 .1 .1.2 172 . 17. 1.0 172 . 17. 3.0 Apply /24 interface mask Apply /24 interface mask 172 . 17. 3.0/24 48 Enabling and Verifying RIPv2  RIPv2 is defined in RFC 172 3.  ... Discontiguous Networks 36 Example 6 172 .16.2.0/24 172 . 17. 1.0/24 .1 .1 .1.2 172 . 17. 0.0 (Summary) 172 . 17. 0.0 (Summary) Apply /16 classful mask (route...

Ngày tải lên: 09/03/2014, 13:20

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real options in practice

real options in practice

... framework. 25 He Taking an Idea into Practice 41 Real Options in practice MARION A. BRACH John Wiley & Sons, Inc. point out that a single investment project often entails several distinct real options creating ... also uncertain. The firm therefore faces significant cost uncertainties in undertaking the project. In 1993, Pindyck introduced cost uncertainty as a distingui...

Ngày tải lên: 23/04/2014, 22:28

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Real Options in practice Chapter 1 ppsx

Real Options in practice Chapter 1 ppsx

... preference of the investor. 28 REAL OPTIONS IN PRACTICE 1 2 0 15 16 21 22 27 12 17 23 13 18 24 14 19 25 26 20 10 11 t 0 t 1 t 2 t 3 t 4 t 5 t 6 3 4 6 7 8 5 9 FIGURE 1. 7 The binomial tree To my ... be very distinct in real options versus financial options. We will discuss some of the fundamental differences in the next chapter. The Black-Scholes pricin...

Ngày tải lên: 02/07/2014, 01:20

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Real Options in practice Chapter 2 pot

Real Options in practice Chapter 2 pot

... important insights into the commonalities and differences between real options and financial options. Taking an Idea into Practice 43 FIGURE 2. 6 Financial versus real options ANALOGIES: FINANCIAL OPTIONS REAL ... 2. 9. Taking an Idea into Practice 51 FIGURE 2. 9 Real options behave different than financial options ❑ Increasing volatility does increase the value of fi...

Ngày tải lên: 02/07/2014, 01:20

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Real Options in practice Chapter 4 ppsx

Real Options in practice Chapter 4 ppsx

... (years) 12 34 12 345 4. 00 3.98 2.63 5.37 4. 00 4. 00 4. 00 4. 00 4. 00 Value of the Put Option ($m) Value of the Put Option ($m) 12 34 12 345 36.55 36.06 27.33 44 .68 36.55 36.20 36. 34 36.76 36.13 is that, with increasing ... min () () () () () 1 1111 2 2 3 3 4 4 5 5 116 REAL OPTIONS IN PRACTICE TABLE 4. 2 The option value under time uncertainty Value of the Call Optio...

Ngày tải lên: 02/07/2014, 01:20

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Real Options in practice Chapter 5 potx

Real Options in practice Chapter 5 potx

... 117 .58 313 .53 2 15. 55 0 .58 3 15 1 85. 07 444.18 314.62 0 .59 1 15 111.04 296.11 203 .57 0 .58 2 20 174.18 418. 05 296.11 0 .59 1 20 104 .51 278.70 191.60 0 .58 2 Node 13 Expected Margin (%) Value ($) pK = 150 ... 207 .52 0 .58 15 104.46 278 .57 191 .51 0 .58 20 95. 74 255 .31 1 75. 52 0 .58 Option Value at Node 2 Margin (%) K = 100 + 50 ($) 10 182.77 15 161.99 20 148.70 Optio...

Ngày tải lên: 02/07/2014, 01:20

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Real Options in practice Chapter 6 docx

Real Options in practice Chapter 6 docx

... 0.5 q 6 = 0.5 Launch 15 16 19 20 150m 100m 14 17 18 – K – K FIGURE 6. 12 The binomial tree of managerial options: Invest in learning or learn passively by deferring 2 06 REAL OPTIONS IN PRACTICE 0 2 4 6 8 10 12 14 507090110 Worst ... learning actively equals exactly the value of defer- ring and investing later. The dashed line in Figure 6. 18 depicts the border 202 REAL...

Ngày tải lên: 02/07/2014, 01:20

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Real Options in practice Chapter 7 potx

Real Options in practice Chapter 7 potx

... also starting in two years and—over a period of five years—result- ing in cost savings of $5 million. These assumptions translate into the fol- lowing binomial asset tree shown in Figure 7. 7. Without ... “Rethinking Accounting,” Financial Executive 18:34, 2002. 32. R. McGrath, “A Real Option Logic for Initiating Technology Position- ing Investments,” Academy of Management Review 22:...

Ngày tải lên: 02/07/2014, 01:20

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Real Options in practice Chapter 9 pot

Real Options in practice Chapter 9 pot

... 199 5. 33. B. Lambrecht and W. Perraudin, Real Options and Preemption under Incomplete Information (Real Option Group Conference, Cambridge, UK, 199 9). 34. D. Goodin, “Intel Net Dropped 82% in ... Mauboussin, “Get Real: Using Real Options in Security Analysis,” CSFB Equity Research, June 23, 199 9. 36. M.A. Desai, P. Tufano, and Laura Martin, Real Options and the Cable Indu...

Ngày tải lên: 02/07/2014, 01:20

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Kangas - Ecological Engineering - Principles and Practice - Chapter 7 potx

Kangas - Ecological Engineering - Principles and Practice - Chapter 7 potx

... 2001; Gunn and Dennis, 1 976 ; Howe and Smallwood, 1982; van der Pijl, 1 972 ; Wolfenbarger, 1 975 ) can be models for the syntheses, but 258 Ecological Engineering: Principles and Practice and dN/dt ... a new organization or stable state and not 248 Ecological Engineering: Principles and Practice revert back to the old organization (Holling, 1 973 ; May, 1 977 ). Th...

Ngày tải lên: 06/07/2014, 14:20

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Pesticide Residues in Coastal Tropical Ecosystems: Distribution, fate and effects - Chapter 7 potx

Pesticide Residues in Coastal Tropical Ecosystems: Distribution, fate and effects - Chapter 7 potx

... culture in pond and disused mining pools 5 ,75 4 Cockle culture in mudflats 5,041 Penaeid prawn culture in brackish water ponds 1, 878 Marine finfish in floating net cages in coastal water 671 b Freshwater ... Hock, Selangor γ-HCH 0.1 19 87 Rice-field α-HCH 18–58 fish γ-HCH 10–100 α-endosulfan 5130 β-endosulfan 170 0 Penang 1984– 87 Rice field α-HCH 2.3 Jothy et al. 19 87 +...

Ngày tải lên: 12/08/2014, 02:23

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High Performance Computing in Remote Sensing - Chapter 7 potx

High Performance Computing in Remote Sensing - Chapter 7 potx

... Group, LLC 142 High- Performance Computing in Remote Sensing experiments was Linux Fedora Core, and MPICH was the message-passing library used (see http://www-unix.mcs.anl.gov/mpi/mpich). 7. 3.2 Hyperspectral ... architectures. © 2008 by Taylor & Francis Group, LLC 144 High- Performance Computing in Remote Sensing TABLE 7. 2 Execution Times (in Seconds) and Perfo...

Ngày tải lên: 12/08/2014, 03:20

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