Title Details

Real Options Analysis Course: Business Cases andSoftware Applications (with Real Options ToolkitSoftware CD-ROM)
Buy Rights Online Buy Rights

Rights Contact Login For More Details

  • Wiley

More About This Title Real Options Analysis Course: Business Cases andSoftware Applications (with Real Options ToolkitSoftware CD-ROM)

  • English

English

DR. JOHNATHAN MUN is Vice President of Analytical Services at Decisioneering, Inc., the makers of Crystal Ball® analytical software. His duties focus primarily on heading up the development of real options and financial analytics software powered by Crystal Ball®. Prior to joining Decisioneering, he was a consulting manager and financial economist in the Valuation Services and Global Financial Services practice of KPMG Consulting, and a Manager with the Economic Consulting Services practice at KPMG LLP. During his tenure at KPMG Consulting and at Decisioneering, he has taught, advised, consulted, and applied real options analysis at multiple firms including Unilever, BP, Credit Suisse, Motorola, Intel, and El Paso Electric. He is also currently a visiting professor in finance, economics, and statistics at various universities, including University of Applied Sciences (Germany), Swiss School of Management (Switzerland), and Golden Gate University (California). Mun is the author of Real Options Analysis, also published by Wiley. He continues to offer worldwide seminars and lectures on the topics of real options, simulation and risk analysis, and corporate finance.
  • English

English

CHAPTER 1: INSTALLING THE SOFTWARE.

Installing Crystal Ball Monte Carlo Simulation Software.

Installing Real Options Analysis Toolkit Software.

CHAPTER 2: GETTING STARTED WITH THE SOFTWARE.

Getting Started with Crystal Ball Software.

Getting Started with Real Options Analysis Toolkit Software.

 CHAPTER 3: FRAMING 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 Analysis. 

 CHAPTER 4: THE BASICS OF FINANCIAL MODELING.

Financial Analysis.

Monte Carlo Simulation.

Volatility Estimates.

CHAPTER 5: THE BASICS OF REAL OPTIONS.

Binomial Lattices.

Granularities in Lattices.

State-Pricing Approach to Solving a European Option.

Trinomial Lattices and American Options.

CHAPTER 6: REAL 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 Lattices.

CHAPTER 7: EXTENDED PROBLEMS: COMBINING FORECASTING, DCF MODELING, REAL OPTIONS, AND OPTIMIZATION.

CHAPTER 8: EXERCISE SOLUTIONS.

CHAPTER 9: REAL OPTIONS ANALYSIS TOOLKIT SOFTWARE FUNCTION DESCRIPTION FOR EXCEL.

CHAPTER 10: REAL OPTIONS TABLES.

Real Options Value Tables.

Implied Volatility Tables.

Dividend Impact Tables.

APPENDIX.

CASE STUDIES.

More, Faster, Cheaper—The Siren Call of Upstream R&D.

Real Options Analysis Applied to Valuing Start-Up Entities: The Digital News, Inc.

About the CD-ROM.

Index.

loading