Muhammad Fuad
TOPIC 2
Identifying Relevan Cash Flows 3 1.Cas Flow versus Accounting Income 2.Waktu Arus Kas 3.Proyek Perluasan dan Proyek Pengganti 4.Sunk cost 5.Opportunity cost 6.Externality
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A picture is worth a thousand words A complex idea can be conveyed with just a single still image, namely making it possible to absorb large amounts of data quickly. 9
10 The Basic Decision Tree
. INTRODUCTION TO REAL OPTIONS Investment Timing Options Growth Options Abandonment Options Flexibility Options Valuing Real Options
12 Thanks! Any questions?