DCF and Real Options in Company Valuation: a Case Study at a Small High-growth Firm--TMIC
This dissertation discusses the application of real options theory in estimate of intrinsic value of a small high-growth software company which has great uncertainties on the strategic project. Traditionally, discounted cash flow (DCF) models are most commonly used in capital budgeting. However, it...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2006
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| Online Access: | https://eprints.nottingham.ac.uk/20408/ |