Valuing switching options in international grain marketing
An important strategy for commodity trading firms is geographical diversification through acquisitions and greenfield development, often justified with the quest for multiple origins. This strategy can be interpreted as a “switching option” which tend to be undervalued using traditional valuation te...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
John Wiley and Sons Inc.
2019
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| Subjects: | |
| Online Access: | View Fulltext in Publisher |