Log-transformed binomial model for valuation of multi-option investments
This model, assumed that there is risk neutrality and diffusion asset dynamics, has been shown how to approximate the underlying continuous diffusion process when there is a series of exercise prices and interactions between different [...]
Valuation of Pharma/Biotech Intellectual Property
It is known that intangible assets are long-lived and used in the production of goods and services, however they lack physical properties. In most of the cases, intangible assets represent legal rights or competitive advantages [...]