Real Option Modeling and Valuation: A Decision Analysis Approach using DPL and Excel

James A. DiLellio
7
Free sample

The application of option pricing methods, which were initially developed for financially-traded assets, are now often applied to the valuation of options on real assets. Real options, or options on real assets, supplements standard discounted cash flow valuation approaches by including the value of managerial flexibility. Real Option Modeling and Valuation attempts to bridge the gap between theory and practice using the commercially available software program DPL© (Decision Programming Language) and Excel® to provide a decision tree approach to valuation using real options. 

Companion website: https://sites.google.com/view/real-options

Read more
Collapse

About the author

Dr. DiLellio has over a decade of domestic and international experience in the aerospace and defense industry. He most recently served as a department manager for Raytheon, where he was responsible for over 70 system engineers serving the engineering development needs of a diverse government and commercial customer base. He has also served as a senior manager at The Boeing Company, and previously held key engineering appointments at Raytheon Systems Company and The Aerospace Corporation. Dr. DiLellio’s current research interests are primarily in the area of nonlinear optimization, simulation, and Kalman filtering techniques for modeling investment problems. The application of this research covers portfolio management, retirement planning, commodity price modeling, and the analysis of investmentstrategies.
This work has led to over a dozen published articles, including recentlyin Decision Science, Energy Economics, Journal of Economics and Finance, Financial Services Review, Journal of Investing, as well as two U.S. patents on Global Positioning System (GPS) technology.  Dr. DiLellio was also recognized in 2013 as one of 17 ETF (Exchange Traded Fund) friendly professors by ETFdB.com. He is also the coauthor of “StatCity: Statistics Methods for Business Practitioners”,published by Google Play Books, and has previously taught at Northwestern University and the University of Akron. Dr. DiLellio earned his Ph.D. and M.S. degrees from Northwestern University and holds a M.B.A. degree from Pepperdine University.
Read more
Collapse
5.0
7 total
Loading...

Additional Information

Publisher
James A. DiLellio
Read more
Collapse
Published on
Jul 2, 2019
Read more
Collapse
Pages
137
Read more
Collapse
ISBN
9781521238592
Read more
Collapse
Read more
Collapse
Best For
Read more
Collapse
Language
English
Read more
Collapse
Genres
Business & Economics / Business Mathematics
Business & Economics / Corporate Finance / Valuation
Business & Economics / Investments & Securities / Options
Read more
Collapse
Content Protection
This content is DRM protected.
Read more
Collapse
Eligible for Family Library

Reading information

Smartphones and Tablets

Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.

Laptops and Computers

You can read books purchased on Google Play using your computer's web browser.

eReaders and other devices

To read on e-ink devices like the Sony eReader or Barnes & Noble Nook, you'll need to download a file and transfer it to your device. Please follow the detailed Help center instructions to transfer the files to supported eReaders.
Business Valuation Discounts and Premiums

SECOND EDITION

Discounts and premiums do not just affect the value of a company; they play a crucial role in influencing a host of other factors and conditions that can make or break a deal. When it comes to business valuations, it's the business appraiser's responsibility to be intimately knowledgeable with every aspect of discounts and premiums: the different types, the situations when they may or may not apply, and how to quantify them.

In this newly updated edition of Business Valuation: Discounts and Premiums, Shannon Pratt—one of the nation's most recognized and respected business valuation consultants—brings together the latest collective wisdom and knowledge about all major business discounts and premiums.

Addressing the three basic approaches to conducting a valuation—the income approach, the market approach, and the asset approach—Shannon Pratt deftly and logically details the different discounts or premiums that may be applicable, depending on the basic valuation approach used, and how the valuation approaches used affect the level.

Clearly written and thorough, Business Valuation: Discounts and Premiums, Second Edition provides business appraisers, accountants, attorneys, and business owners with an arsenal of information for their professional toolkit that can be applied to every major evaluation case they might face in any deal.

This updated edition features timely, comprehensive coverage on:

Strategic acquisitions Extensive empirical data Pre-IPO marketability discount studies Merger and acquisition negotiations, empirical evidence from completed transactions, and positions taken by courts in litigations Strategic acquisition premiums Studies on minority discounts

Detailed, authoritative, and complete in its coverage, Business Valuation: Discounts and Premiums, Second Edition gets to the core of one of the more complex challenges faced by business appraisers, and arms readers with the understanding and techniques needed to successfully meet and exceed their job expectations.

As a finance professional, I recognize the need to participate in economic and business affairs in undertakings and play a role in employment. This as such is crucial to the finance professional as input toward the economy. And so, I am participating as an accounting officer at a service sector organization, in which I am in charge of administering its finance function. I recognize that in business and financial management, it is essential to understand the economic systems that businesses operate. So as such, the production of this title, Business Guide and Employment Role, can serve as an aid manual for the professional business and financial manager to learn some tips in smooth facilitation for the purpose of participating in business for economic activity and playing a role in employment. Business Guide and Employment Role can help to understand some impact and can influence key economic behaviors and parameters for managing the affairs of a business entity. Also, various types of engagement in business are detailed to help make the choices in the correct type of business to be committed. In addition, some areas essential for the business and finance manager are noted, which is knowing the importance in following some key accounting measures for the proper management of the business and finance function, as well as other key areas to note in managing the affairs of an entity. Furthermore, the significance to play a role in employment is pointed at. The business and finance manager is thus encouraged to recognize the merits of playing a role in employment and management affairs in an organization. This guide is essential for the entrepreneur/proprietor, the investor in business enterprise, the individual businessmen, and the business and finance professional for them to learn some merits to do business and to play a role in employment.
Smart people can and do make dumb decisions when selling their businesses. Don’t be one of them—and save thousands or millions in the process!
With Selling with Certainty, Terry Monroe has written the go-to book for anyone who has considered, is considering, or may consider selling their business. Monroe provides friendly, appealing, no-nonsense advice to business owners about how to avoid the common pitfalls of selling their businesses—while ensuring they get full value from the years of hard work they’ve put in. With real-life stories of owners who ventured blindly into the sale of their businesses, this book is the definitive guide on what todo and not to do when it’s time to sell. Monroe shares a lifetime of experience (and honest insights from his own mistakes), so business owners can bypass any mistakes of their own and come out of the sale with the money they deserve in their pockets.Terry Monroe is a professional intermediary who has been the owner of forty different businesses (including ten national franchises), a franchisor of businesses, and a retailer with more than 200 retail locations within the United States and Canada. As president and founder of American Business Brokers & Advisors (ABBA), Monroe has been in the business of establishing, operating, and selling businesses for more than thirty years.
An expert source in the convenience store industry, Monroe writes a routine “Financial Insights” guest column for Convenience Store News and has been featured in CSP, CSP Independent, CSNews, Single Store Owner, NPN, and National Association of Convenience Store magazines. He has been written about and featured in The Wall Street Journal, Entrepreneur magazine, CNN Money, and USA Today. 
​A past musician of old rock ’n’ roll and an airplane pilot, when Terry is not working with his clients, he likes to seek adventures in places such as Mount Kilimanjaro, the rainforests of Costa Rica, and on the Inca Trail. Terry has volunteered in fund-raising efforts for the Children’s Hospital of Southwest Florida, Hope for Haiti, Naples Community Hospital, and Duke University cancer research.
One of Silicon Valley’s most successful angel investors shares his rules for investing in startups.

There are two ways to make money in startups: create something valuable—or invest in the people that are creating valuable things.

Over the past twenty-five years, Jason Calacanis has made a fortune investing in creators, spotting and helping build and fund a number of successful technology startups—investments that have earned him tens of millions of dollars. Now, in this enlightening guide that is sure to become the bible for twenty-first century investors, Calacanis takes potential angels step-by-step through his proven method of creating massive wealth: startups.

As Calacanis makes clear, you can get rich—even if you came from humble beginnings (his dad was a bartender, his mom a nurse), didn’t go to the right schools, and weren’t a top student. The trick is learning how angel investors think. Calacanis takes you inside the minds of these successful moneymen, helping you understand how they prioritize and make the decisions that have resulted in phenomenal profits. He guides you step by step through the process, revealing how leading investors evaluate new ventures, calculating the risks and rewards, and explains how the best startups leverage relationships with angel investors for the best results.

Whether you’re an aspiring investor or a budding entrepreneur, Angel will inspire and educate you on all the ins of outs. Buckle up for a wild ride into the world of angel investing!

Complete Guide to Getting Started and Making Money with Options Trading

Novice, and even experienced, investors are often wary of investing in options. Many people view options as risky, exotic, and only for investors with large bankrolls. However, nothing could be further from the truth.

Options are a great way for all investors, regardless of experience or risk tolerance, to expand their portfolios and make money in the stock market—whether the market is going up or down.

Options are the perfect vehicle for increasing your leverage, allowing you to turn a small investment into exponentially large rewards. They can also be used as an insurance policy, protecting your investments in case of a market downturn.

In short, options are a tool that every investor should understand and potentially put to use.

In this book, you’ll learn all the ins and outs of stock options, from basic puts and calls to more exotic straddles and spreads. By the end of this guide, you’ll have a complete understanding of trading options and be able to put them to use in your own portfolio implementing both simple and more advanced strategies.

Included are many real world and easy to follow examples so you will be able to clearly understand each of the principles and strategies discussed in action.

Included in this book:

*Options 101
*Advantages and Disadvantages of Options Trading
*Types and Styles of Options
*Using Call and Put Options to Make a Profit
*Option Prices and Valuation
*Getting to Know the Greeks
*How to Open an Options Account
*How to Place a Trade
*Successful Option Trading Strategies
*Spreads, Straddles, Iron Condor, Iron Butterfly, Collars, Strangles, and more
*Tips and Tricks for Avoiding Costly Mistakes

Get your copy today and get started in the exciting world of options trading.

 

Keyword tags: option trading, options trading, option strategies, option trading strategies, stock options, stock option strategies, stock option trading, stock investing, option investing, options volatility, options for beginners, options greeks
©2019 GoogleSite Terms of ServicePrivacyDevelopersArtistsAbout Google|Location: United StatesLanguage: English (United States)
By purchasing this item, you are transacting with Google Payments and agreeing to the Google Payments Terms of Service and Privacy Notice.