| 1. | Real - options valuation model for high - technology company stock
实物期权法评估高科技企业股价模型 |
| 2. | The real options valuation model in high technology based on spreadsheet
基于电子表格软件的高新技术成果实物期权定价模型 |
| 3. | On the basis of this , the chapter presents detailed analyses of the application of the binomial option valuation model and the black - scholes valuation model in real options
因此，在对金融期权定价理论进行基本介绍的基础上，重点分析了二项式方法和black - scholes定价模型在实物期权中的应用。 |
| 4. | Compared with the finance option , what the real option valuation face are the main problems as follow : the underlying assets can not be traded ; the value distribution does not follow gbm ; and the uncertainties are endogenous
与金融期权相比，实物期权定价面临的主要问题是基本资产的非交易性；资产价格分布不遵循几何布朗运动；以及不确定性来源的内生性等问题。 |
| 5. | The general valuation models in real option constitute the third chapter . because of the relation between real and financial options , a proper understanding of the latter is essential to that of the former . therefore , a brief introduction to financial option valuation theory is given first
本文第三章着手探讨实物期权的一般定价模型，鉴于实物期权与金融期权的内在联系，只有对金融期权定价有了恰当的了解，才能掌握实物期权定价的原理。 |
| 6. | By sensitivity analysis , we recognize much clearly the impact of independent variable to dependent variable in valuation model . it is optimal to use compound growth option valuation model . so venture capitalist should choose stage financing but lump - sum financing
通过敏感性分析，我们对实物期权价值评估模型中的自变量对因变量的影响有了更加直观的认识，而且可以看到采用复合期权价值评估模型对风险投资项目进行评估对风险投资家来说是最有利的。 |
| 7. | This article deals with some practical problems according to real - options valuation approach . every case illuminates one important issue , and concludes other points of application . by analyzing these cases , we can find out some rules to solute real - options practical problems
本章按照实物期权评估方法的一般过程来处理实际问题，每个案例着重说明一个重要的主题，并归纳出在实物期权应用中的其它相关要点，通过这些案例分析，从中摸索出实物期权解决实际问题的规律。 |
| 8. | Part two researches systematically real - options approach ' s application scope , pricing , commonly procedure and many problems regarded , present evaluating approach choose and option types " judging standard , analyses parameter ' s identity , deduce binomial option valuation model . it narrates several options " calculation , thought and application range
第二章系统研究了实物期权方法的应用范围及定价，运用该方法的一般程序以及应注意的问题，给出了评估方法选择以及期权类型的评判标准，分析了确定期权参数是应注意的问题，推导出二项式期权的定价公式。 |
| 9. | Then it expounds and analyzes the researching statu of the enerprise ' s valuation of the world , especially on the discount cash flow valuation . among them it detailed analys how to determine the discount rate , the increase rate and the cash flow . at the same time it introduces the two other means that is the ratio and the option valuation and theirs scope of application , promoting some valuation model fitting for different enerprise and different asset for the especially case of m & a , and it expound how to use the cash flow discount to value the enterprise been placed in the circumstance of periodic company , operating the company in the difficulty , not listed company
本文正文部分首先对企业并购研究的相关知识进行了一下简单的介绍，然后对国内外企业的价值评估方法及研究现状进行了详细和深入的阐述，特别是对贴现现金流估价法的分析比较详细和深入，其中对其贴现率、增长率、现金流等基本参数的确定作了较详细的分析，同时也介绍了另外两种估价法即比率估价法和期权估价法的基本情况及其适用范围。 |
