Gamma from dif- ferent tests for future research. Here, for simplicity purposes, we assume the improved certainty- equivalent income that could be generated are additive across the two tests. Since the
from intensively focusing on income from Government Projects. In the past, the Company experienced unstable cash flow and liquidity problems from delayed projects and unexpected budget allocation of
addition, the Company has adjusted strategic and operational objectives from intensively focusing on income from Government Projects. In the past, the Company experienced unstable cash flow and liquidity
addition, the Company has adjusted strategic and operational objectives from intensively focusing on income from Government Projects. In the past, the Company experienced unstable cash flow and liquidity
addition, the Company has adjusted strategic and operational objectives from intensively focusing on income from Government Projects. In the past, the Company experienced unstable cash flow and liquidity
Black and Scholes model. Due to simplicity and familiarity of the model to the investors, the study recommends those investors, who use the Black-and-Scholes model at present, to continue using the model
of a company relative to its asset-in-place whereas the PE ratio measures company’s market capitalization compared to its earnings. Because of its intuitive appeal and practical simplicity, the PE
the SET50 Index, which includes 50 stocks with the largest market capitalization. For simplicity in this article, we will use the SET Total Return Index, which incorporates not just price returns but