一个实物期权例子求解方法的辨析

The Discrimination of the Solution to an Real Options Example

对注会教材《财务成本管理》关于时机选择期权例子中计算报酬率方法的错误进行了讨论,指出了应该采用的正确方法,并对该例进行了重新计算与分析。

The errors about the equation of the total return on the underlying asset in an timing options example in the CPA＇s teaching materials： ＂Financial Management and Cost Management＂ are discussed,an appropriate method is pointed out,and this example is computed and analyzed using the right method.