Real Options and Discounted Cash Flow Analysis to Assess Strategic Investment Projects
In today’s uncertain and highly competitive business environment, the difficulty to make strategic investment decisions is growing. The dominant discounted cash flow analysis requires the assumption of perfect certainty of project cash flows. However, under uncertainty traditional DCF approach falls...
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| Format: | Article |
| Language: | English |
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Sciendo
2017-04-01
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| Series: | Economics and Business |
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| Online Access: | https://doi.org/10.1515/eb-2017-0008 |