Real Options Valuation The Importance of Interest Rate Modelling in Theory and Practice /

• Main Author: Schulmerich, Marcus. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2010.
• Subjects: Economics.; Finance.; Distribution (Probability theory).; Banks and banking.; Economics/Management Science.; Financial Economics.; Finance /Banking.; Quantitative Finance.; Probability Theory and Stochastic Processes.
• Online Access: https://ezaccess.library.uitm.edu.my/login?url=http://dx.doi.org/10.1007/978-3-642-12662-8

This book analyzes real options valuation for non-constant versus constant interest rates using simulations and historical backtesting. It provides a systematic analysis and compares real options valuation using constant interest rates and the implied forward rates with methods that simulate interes...

Table of Contents:

• Introduction
• Real Options in Theory and Practice
• Stochastic Models for the Term Structure of Interest Rates
• Real Options Valuation Tools in Corporate Finance
• Analysis of Various Real Options in Simulations and Backtesting
• Summary and Outlook.