Week 6 Lecture - The Timing Option The Malted Herring...

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Lecture 6 Real Options
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Outline of Today’s Lecture 2 Introduction 3 The Option to Expand 4 The Timing Option The Malted Herring Project 5 The Abandonment Option 6 The Flexible Production Option 7 Risk Neutral Valuation With No Traded Assets
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Introduction
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The Option to Expand
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The Option to Expand
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The Timing Option
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The Timing Option
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The Timing Option
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Initial cost of project: $180
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The Timing Option The Malted Herring Project
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The Timing Option The Malted Herring Project
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Unformatted text preview: The Timing Option The Malted Herring Project The Timing Option The Malted Herring Project Note The Timing Option The Malted Herring Project The Timing Option The Malted Herring Project The Abandonment Option Note The Abandonment Option The Abandonment Option The Abandonment Option 0.6 0.4 The Abandonment Option The Abandonment Option The Abandonment Option The Abandonment Option The Abandonment Option The Abandonment Option The Flexible Production Option...
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This note was uploaded on 08/22/2011 for the course FINC 2011 taught by Professor Craigmellare during the Three '10 term at University of Sydney.

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Week 6 Lecture - The Timing Option The Malted Herring...

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