The Research Foundation of AIMR & Blackwell series in finance
1 total work
Making an accurate company valuation is the cornerstone of making a sound investment decision, but one factor that is often overlooked (and sometimes even overvalued) is the real-options that a company may have. In this Research Foundation monograph, the authors explore real-options valuation - looking at these models vis-a-vis traditional valuation models, providing examples and simple case studies, and examining the criticisms and limitations of real-options valuation.