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Capital Investment under Uncertainty with Abandonment Options

Published online by Cambridge University Press:  19 October 2009

Charles P. Bonini
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Extract

This paper is an analytic treatment of the abandonment decision in capital investment analysis. It provides a methodology which has application in obtaining better estimates for project value and risk.

Type
Research Article
Information
Journal of Financial and Quantitative Analysis , Volume 12 , Issue 1 , March 1977 , pp. 39 - 54
Copyright
Copyright © School of Business Administration, University of Washington 1977

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References

REFERENCES

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