The real options approach to valuation - Haskayne School of Business
The real options approach to valuation - Haskayne School of Business
The real options approach to valuation - Haskayne School of Business
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Using the Risk Neutral Framework <strong>to</strong> value projects allows us <strong>to</strong> • Use all the informa*on contained in futures prices when these prices exist • Take in<strong>to</strong> account all the flexibili*es (op*ons) the projects might have • Use the powerful analy*cal <strong>to</strong>ols developed in con*ngent claims analysis