| Corporate finance course | Decision trees |
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| Useful when one or more projects are uncertain but we know the probabilities of each event. Remind that abandonment is an option and has a value, and even bankruptcy (because of limited liability) Pb: decision trees are too simple. More can happen. So we can use again the Monte Carlo simulation. Organizing capital expenditure >> |
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Corporate finance PART ONE: CAPITAL EXPENDITURE PART TWO. BASICS OF FINANCE PART THREE FINANCING DECISIONS PART FOUR FINANCIAL MANAGEMENT Course created and updated by Dr David Chelly, PhD in Management sciences from the University of Tours.
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