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 eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2010.
• Subjects: Finance.; Applied mathematics.; Engineering mathematics.; Economics, Mathematical.; Probabilities.; Macroeconomics.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Applications of Mathematics.; Probability Theory and Stochastic Processes.; Finance, general.; Quantitative Finance.

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:

• 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.