In todays global economic environment, many firms have chosen to downsize operations and share services or facilities

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In today’s global economic environment, many firms have chosen to downsize operations and share services or facilities with another firm. An example is the joint venture by Fiat and Chrysler to share their manufacturing facilities in Europe and North America. Explain how the real options approach can be used to assess the value of this type of investment decision.

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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