Belarusian Economic Research and Outreach Center

Open Lecture “Real Options”

Open lecture "Real Options" took place on August 3, 2012. The lecturer - Professor Yuri Tserlukevich (Arizona State University, USA).

The Lecture covered selected advanced topics in corporate finance, with the focus on real options, and valuation examples. The covered topics: opportunity costs, optimal replacement problem, binomial tree option valuation, risk-neutral valuation, valuation with the Black-Scholes formula, real options in financing problems, types of the options, sources of value.