A critique of the use of real option valuation to evaluate an oil industry refining project
Thesis (MBA)--Stellenbosch University, 2005. === ENGLISH ABSTRACT: The oil industry is under pressure to select refinery projects that will provide higher and more predictable returns. In the past Discounted Cash Flow (DCF) techniques have been used to choose between refinery project alternatives...
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Format: | Others |
Language: | en_ZA |
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Stellenbosch : Stellenbosch University
2012
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Online Access: | http://hdl.handle.net/10019.1/50245 |