The Evaluation of Risk in Business Investment
Author | : J.C. Hull |
Publisher | : Elsevier |
Total Pages | : 192 |
Release | : 2014-06-28 |
ISBN-10 | : 9781483296296 |
ISBN-13 | : 1483296296 |
Rating | : 4/5 (96 Downloads) |
Download or read book The Evaluation of Risk in Business Investment written by J.C. Hull and published by Elsevier. This book was released on 2014-06-28 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides finance specialists in industry and students of management with a comprehensive set of practical procedures for evaluating the total risk in the major capital investment decisions facing a business. It discusses in detail how companies can make effective use of sensitivity analyses, risk simulations and other techniques, and deals in depth with important issues, such as: How should the results of a sensitivity analysis be interpreted?; How can adequate subjective probability distributions be obtained? How can dependencies between variables be dealt with in a practical way?; The emphasis throughout is on 'how to do it' and the reader needs only a slight knowledge of statistics. A particularly important feature of the book is the FORTRAN subroutines in Appendices A and B which the author prepared for calculating risk evaluations