摘要
Many researches concentrated on the analysis of leasing decisions,which afford no flexibility to adjust the term of the leasing during its life.Since these analyses are based on Discounted Cash Flow,it is inadequate for valuing the various options written into many leasing contracts.In this paper,a leasing decision with several real options was analyzed.An option based numerical analysis is used here with an exampite to value such discrete time type of real options.
Many researches concentrated on the analysis of leasing decisions,which afford no flexibility to adjust the term of the leasing during its life.Since these analyses are based on Discounted Cash Flow,it is inadequate for valuing the various options written into many leasing contracts.In this paper,a leasing decision with several real options was analyzed.An option based numerical analysis is used here with an exampite to value such discrete time type of real options.
出处
《统计研究》
CSSCI
北大核心
2003年第1期60-62,共3页
Statistical Research
基金
国家自然科学基金项目 (批准号 70 0 72 0 2 7)
浙江省自然科学基金项目 (批准号 70 0 0 12 )
