Application of Real Option Valuation to Real Estate Investment Appraisal-- A Case Study
This dissertation provides an insight of real option valuation application into real estate investment appraisal. Real estates investments have the features of low liquidity, slow payback and high sunk costs. This is especially the case appearing in emerging economics, due to the volatile demand, ho...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
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2007
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| Online Access: | https://eprints.nottingham.ac.uk/21402/ |