jay1180 · 2022年10月20日
* 问题详情，请 查看题干
NO.PZ202109170100001401
问题如下：
What is the NPV (C$ millions) of the original project for Bouchard Industries
without considering the production-flexibility option?
选项：
A.–C$6.11 million
–C$5.66 million
C$2.33 million
解释：
B is correct
If demand is “high,” the NPV is as follows:
If demand is “low,” the NPV is
The expected NPV is 0.50(55.78) + 0.50(–67.11) = –C$5.66 million.
rt
王琛_品职助教 · 2022年10月21日
嗨，爱思考的PZer你好：
这道题的解题思路，请同学先参考一下：https://class.pzacademy.com/qa/106236
涉及到实物期权的题目，现金流一般都可以分成两部分理解：不考虑实物期权部分的现金流，及考虑实物期权部分的现金流
题目现在问的是不考虑实物期权部分的 NPV，参考题干 "without considering the production-flexibility option"
而不考虑实物期权的项目，项目持续的时间是 10 年，参考题干 "The investment, which has an investment horizon of ten years"
----------------------------------------------努力的时光都是限量版，加油！
NO.PZ202109170100001401 问题如下 Whis the NPV (millions) of the originprojefor BoucharInstries without consiring the proction-flexibility option? A.–C$6.11 million B.–C$5.66 million C.C$2.33 million B is correctIf manis “high,” the NPV is follows:If manis “low,” the NPV isThe expecteNPV is 0.50(55.78) + 0.50(–67.11) = –C$5.66 million. 老师这道题第一个小问我直接取两个option的均值也就是30m算npv，这样和答案结果一模一样，可以吧？
NO.PZ202109170100001401 问题如下 Whis the NPV (millions) of the originprojefor BoucharInstries without consiring the proction-flexibility option? A.–C$6.11 million B.–C$5.66 million C.C$2.33 million B is correctIf manis “high,” the NPV is follows:If manis “low,” the NPV isThe expecteNPV is 0.50(55.78) + 0.50(–67.11) = –C$5.66 million. 这个NPV的算法我是实在没看懂。。求老师讲解一下
