The objective of this paper is to value as a Real Option the License of a copper mine in the exploration stage. We conceive the License of a copper mine, as the value of a call option that gives us the right to invest in the next stage. The underlying asset is the Net Present Value (NPV) of the...

The present paper values a Wind Farm investment project as a Compound Real Option. By combining the different uncertainties, we evaluate the volatility of the project. The value of the project is calculated using binomial lattices including Market and Private Risks

Telecommunications carriers are deploying the so called New Generation Access (NGA) networks. These networks consist in substituting the last part of the network (the one that ends in the premises of the client) with optical fiber. This part of the network used to be made of copper. The...