個案資料
了解個案內容與學習目標，選擇授課教師及使用課程。
Real Options: Valuing Managerial Flexibility
內容大綱
Provides a basic understanding of real options in corporate finance. Traditional discounted cash flow techniques (NPV) do not deal well with managerial flexibility or future response to uncertainty. The value of this flexibility can be significant and is handled well by option-pricing techniques. A description and taxonomy of real options is followed by several examples of valuing and using real options to make better value-enhancing decisions.