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Laughton et al., 1990 - Google Patents

A two-method solution to the investment timing option

Laughton et al., 1990

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Document ID
12602693667727579778
Author
Laughton D
Jacoby H
Publication year

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Within the realm of derivative asset valuation, two types of methods are available for solving the investment timing option, each with a serious limitation for practical projects. Methods that use Monte Carlo simulation of risk-adjusted probability measures allow consideration of …
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