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ECG590I Asset Pricing. Lecture 4: The Arbitrage Theorem 1 4 The Arbitrage Theorem 4.1 Definition • To arbitrage is to take simultaneous positions in different assets in…

Documents Chap 8 A Four-Step Process for Valuing Real Options.

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Documents Chapter 1 Getting Started. Chap 1 --- Getting Started We take value creation as a company’s...

Slide 1 Chapter 1 Getting Started Slide 2 Chap 1 --- Getting Started  We take value creation as a company’s objective, through its investments in real assets.  On…

Documents Chapter 1

Chapter 1 Getting Started Chap 1 --- Getting Started We take value creation as a company’s objective, through its investments in real assets. On the make-or-break investments…