2. Implement the real options approach to value projects, the options inherent in mines and vacant land,

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2. Implement the real options approach to value projects, the options inherent in mines and vacant land, and the options to wait or to expand a project. Know the effect of these options on a firm’s choice to diversify and select different production techniques from its competitors.

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Financial Markets And Corporate Strategy

ISBN: 9780071157612

2nd Edition

Authors: Mark Grinblatt, Sheridan Titman

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