ترجمه فصل 12 کتاب Investment Management: A Modern Guide to Security Analysis and Stock Selection نوشته S. R. Vishwanath

Investment Management: A Modern Guide to Security Analysis and Stock Selection S. R. Vishwanath   Chapter 12 Real Options Perspective of Security Analysis∗   12.1 Chapter Introduction and Objectives The recent misvaluations of high-tech growth stocks (i.e., the Internet stocks’ boom and bust) have highlighted the difficulty of valuing dynamic companies whose cash flows and future growth are uncertain. Companies with no foreseeable profits might enjoy significant valua ...