Summer, 2002 WEMBA Finance Elective
Value Management Measurement and Creation
Course Resources
Course Syllabus
Course Schedule
Introductory And Motivational Material
Link to a Real Options Site.
Check out the Business Week Article on the Importance of Real Options. (From June 7, 1999)
Questions (about course material, design and implementation).
Access PriceWaterHouse Coopers EdgarScan.
(Handy interface to SEC Data.)
Course Datasets, Powerpoint Slides, and Excel Worksheets:
Michael C. Jensen on Paying People to Lie.
(Wall Street Journal
, January 8, 2001).
Basic Options Valuation Lectures. (Binomial model -- esp. multiple stage for American Put Valuation is relevant for Dynamic Optimization.)
Multi-Stage Binomial model for European Option.
Dixit1.xls:Value of Waiting.
Ingersoll - Ross Spreadsheet.
Shows the value of waiting when the interest rate may change.
exit1.xls
Value of staying in business.
Example of Optimal Capital Structure Computation.
abrets.xls
Historical Price and Return Data for Anheuser-Busch.
Key to the option question on Quiz 1.
Spreadsheet to accompany Copeland, Koller, and Murrin, Chapter 20.