INTRODUCING RISK MODELING IN CORPORATE FINANCE

Risk Governance & Control: Financial Markets & Institutions

关键词: Corporate Finance;    Risk;    Risk Modeling;   

DOI  :  10.22495/rgcv3i4art4

学科分类：社会科学、人文和艺术（综合）

来源: Virtus Interpress

【 摘 要 】

This paper aims to introduce a simulation modeling in the context of a simplified capital budgeting problem. It walks the reader from creating and running a simulation in a spreadsheet environment to interpreting simulation results to gain insight and understanding about the problem. The uncertainty lies primarily in the level of sales in the first year of the project and in the growth rate of sales thereafter, manufacturing cost as a percentage of sales, and the salvage value of fixed assets. The simulation is carried out within a spreadsheet environment using @Risk.

【 授权许可】

CC BY-NC