000 01522nam a22001937a 4500
020 _a1932159436
082 _a658.155
_bKOD-P
100 _a Kodukula, Prasad
245 _aProject Valuation Using Real Options :
_bA Practitioner's Guide
260 _aLauderdale, Fla.
_bJ. Ross Pub., Ft.
_c2006
300 _axvii, 234 pages
490 _aBUSINESS & ECONOMICS
500 _aAnnotation Business leaders are frequently faced with investmentdecisions on new and ongoing projects. The challenge liesin deciding what projects to choose, expand, contract, defer, or abandon, and which method of valuation to use isthe key tool in the process. This title presents a step-by-step, practical approach to real options valuation to makeit easily understandable by practitioners as well as seniormanagement. This systematic approach to project valuationhelps you minimize upfront investment risks, exerciseflexibility in decision making, and maximize the returns. Whereas the traditional decision tools such as discountedcash flow/net present value (DCF/NPV) analysis assume a"fixed" path ahead, real options analysis offers moreflexible strategies. Considered one of the greatestinnovations of modern finance, the real options approach isbased on Nobel Prize-winning work by three MIT economists, Fischer Black, Robert Merton, and Myron Scholes
504 _aInclude Bibliographical Reference and Index.
650 _aBusiness Administrations
650 _aProject management
700 _aChandra Papudesu
942 _cBK
999 _c31577
_d31577