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Risk Analysis, Real Options, and Capital Budgeting
Chapter Outline ,[object Object],[object Object],[object Object],[object Object]
8.1 Sensitivity, Scenario, and Break-Even ,[object Object]
Sensitivity, Scenario, and Break-Even ,[object Object]
[object Object],[object Object],[object Object]
Sensitivity Analysis and Scenario Analysis ,[object Object],[object Object],[object Object]
Sensitivity Analysis and Scenario Analysis ,[object Object]
Sensitivity Analysis and Scenario Analysis ,[object Object],[object Object],[object Object]
Break-Even Analysis ,[object Object],[object Object]
Break-Even Analysis ,[object Object],[object Object],[object Object]
Break-Even Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Break-Even Analysis ,[object Object],[object Object]
Break-Even Analysis ,[object Object]
Break-Even Analysis ,[object Object]
8.3 Real Options ,[object Object]
[object Object],[object Object]
Options ,[object Object],[object Object]
[object Object],[object Object],[object Object]
[object Object],[object Object]
Discounted CF and Options ,[object Object],[object Object],A good example would be comparing the desirability of a  specialized  machine versus a more  versatile  machine. If they both cost about the same and last the same amount of time, the more versatile machine is more valuable because it comes with options.
8.4 Decision Trees ,[object Object],[object Object],[object Object]
[object Object],[object Object]
 
 
 
 
 
 

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