摘要
可撤销租赁合约在现实经济生活中占有很大的比例,这种租赁合约具有极大的灵活性和不确定性。运用传统的项目决策方法对这类项目进行评价时,往往忽略合约中的可撤销权利,因此不能反映项目的实际收益情况。运用期权分析的方法,恰恰可以弥补传统方法的不足,使得租约中包含的可撤销权的价值充分反映,从而提高决策的正确性。
Cancelable leases have an important proportion of lease contracts. The embedded cancelable rights make the contract more flexible and are valuable for lessee. Traditional decision methods can＇t reflect the value of such rights. In this paper ,a lease decision with cancelable option was analyzed and evaluated with the assumption of a binomial stochastic process.
出处
《安顺学院学报》
2009年第5期78-80,共3页
Journal of Anshun University
