Scenario Analysis Unequal Lives Breakeven Cash Inflow ◦ Timing Option: Abandonment Option Real Options Mutually Exclusive Projects ◦ Abandonment Option: • Political Risk: • Real Options (Strategic Options): • Risk- Adjusted Discount Rate (RADR): • Exchange Rate Risk: Binding Budget Constraint ◦ Growth Option: Security Market Line (SML). Capital Budgeting Refinements • Capital Rationing: Diversification Strategic NPV ◦ Flexibility Option: Non diversifiable risk • Annualized Net Present Value (ANPV): Annualized Net Present Value (ANPV) Net Present Value (NPV) Investors • NPV Approach to Capital Rationing: Risk Stocks Risk Classes Capital Asset Pricing Model • Investment Opportunities Schedule (IOS): • Simulation (Monte Carlo Method): • Portfolio Effects Capital Rationing Capital Budgeting Refinements Scenario Analysis Unequal Lives Breakeven Cash Inflow ◦ Timing Option: Abandonment Option Real Options Mutually Exclusive Projects ◦ Abandonment Option: • Political Risk: • Real Options (Strategic Options): • Risk- Adjusted Discount Rate (RADR): • Exchange Rate Risk: Binding Budget Constraint ◦ Growth Option: Security Market Line (SML). Capital Budgeting Refinements • Capital Rationing: Diversification Strategic NPV ◦ Flexibility Option: Non diversifiable risk • Annualized Net Present Value (ANPV): Annualized Net Present Value (ANPV) Net Present Value (NPV) Investors • NPV Approach to Capital Rationing: Risk Stocks Risk Classes Capital Asset Pricing Model • Investment Opportunities Schedule (IOS): • Simulation (Monte Carlo Method): • Portfolio Effects Capital Rationing Capital Budgeting Refinements
(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.
Scenario Analysis
Unequal Lives
Breakeven Cash Inflow
◦ Timing Option:
Abandonment Option
Real Options
Mutually Exclusive Projects
◦ Abandonment Option:
• Political Risk:
• Real Options (Strategic Options):
• Risk-Adjusted Discount Rate (RADR):
• Exchange Rate Risk:
Binding Budget Constraint
◦ Growth Option:
Security Market Line (SML).
Capital Budgeting Refinements
• Capital Rationing:
Diversification
Strategic NPV
◦ Flexibility Option:
Non diversifiable risk
• Annualized Net Present Value (ANPV):
Annualized Net Present Value (ANPV)
Net Present Value (NPV)
Investors
• NPV Approach to Capital Rationing:
Risk
Stocks
Risk Classes
Capital Asset Pricing Model
• Investment Opportunities Schedule (IOS):
• Simulation (Monte Carlo Method):
• Portfolio Effects
Capital Rationing
Capital Budgeting Refinements