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Abstracts

XIX conference

The use of an optional approach to the evaluation of investment projects in education

Panarina A.S., Pakhomova E.A.

Russia, 141980, Dubna, st. University, 19

1 pp. (accepted)

Prerequisite for sustainable development of companies, regions and the Russian economy as a whole is the realization of investment projects. Evaluating the effectiveness of investment projects is the basis for management decisions.

In reality, almost all investment projects are carried out under conditions of uncertainty, which arises because of incomplete and inaccurate information about the terms of the project. An alternative method for project evaluation under uncertainty can serve as a method of real options (based on the choice of the real risk-free discount rate).

As an example of a method of real options in practice is considered the effectiveness of the study distance learning as an example of an investment project of the University "Dubna". The effectiveness of distance learning are also calculated by the classical method NPV, a comparative analysis of these methods.



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