Mun J. Real Options Analysis Course

2003 Published by John Wiley & Sons, Inc. , Hoboken, New Jersey.Installing the Software
Installing Crystal Ball Monte Carlo
Simulation Software
Installing Real Options Analysis Toolkit SoftwareGetting Started with the Software
Getting Started with Crystal Ball Software
Getting Started with Real Options Analysis
Toolkit SoftwareFraming Real Options
Step 1: Qualify List of Projects and Strategies
Step 2: Forecast Base-Case Variables for Each Project
Step 3: Create Static DCF Models for Each Case
Step 4: Monte Carlo Simulation — DCF Outputs Become
Real Options Inputs
Step 5: Framing the Real Options
Step 6: Options Analytics, Simulation,
and Optimization
Step 7: Reports, Presentations, and Update AnalysisThe Basics of Financial Modeling
Financial Analysis
Monte Carlo Simulation
Volatility EstimatesThe Basics of Real Options
Binomial Lattices
Granularities in Lattices
State-Pricing Approach to Solving a European Option
Trinomial Lattices and American OptionsReal Options Business Cases
Option to Abandon
Option to Expand
Option to Contract
Option to Choose
Compound Options
Closed-Form Compound Options
Sequential Compound Option
Changing Costs
Changing Volatility
Option to Contract and Abandon
Basic Black-Scholes with Dividends
Barrier Options
Stochastic Timing Options
Switching Option
Closed-Form Equations and Binomial Convergence
Nonrecombining LatticesExtended Problems: Combining Forecasting, DCF Modeling,
Real Options, and OptimizationExercise SolutionsReal Options Analysis Toolkit Software Function
Description for ExcelReal Options Tables
Real Options Value Tables
Implied Volatility Tables
Dividend Impact TablesCase Studies
More, Faster, Cheaper — The Siren Call
of Upstream R&D
Real Options Analysis Applied to Valuing
Start-Up Entities: The Digital News, Inc.