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Financial Options

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Part of the book series: Management in the Built Environment ((MABUEN))

Abstract

Appendix 1.5 of Chap. 1 shows the relationship between a Black-Scholes European call option and the book’s approach leading to the Carmichael equation, Eq. (1.1) [2].

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References

  1. Carmichael DG (2014) Infrastructure investment: an engineering perspective. CRC Press, Taylor and Francis, London

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  2. Carmichael DG, Hersh AM, Parasu P (2011) Real options estimate using probabilistic present worth analysis. Eng Econ 56(4):295–320

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Correspondence to David G. Carmichael .

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Carmichael, D.G. (2020). Financial Options. In: Future-proofing—Valuing Adaptability, Flexibility, Convertibility and Options. Management in the Built Environment. Springer, Singapore. https://doi.org/10.1007/978-981-15-0723-6_10

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  • DOI: https://doi.org/10.1007/978-981-15-0723-6_10

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  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-15-0722-9

  • Online ISBN: 978-981-15-0723-6

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