UC知道翻译论文引言 请高手翻译成英语
来源：百度知道 编辑：UC知道 时间：2024/05/16 15:27:28
目前在进行投资决策的时候大多数采用的都是折现现金流量法 ,这种方法存在着较大的局限性，不但需要许多和现实冲突的假设，而且在每一个时点上的现金流量如何精确地估计和有风险的情况下贴现率如何确定（一般而言 , 风险是不可避免的)等问题上都有许多的争论。由于市场的高速变化发展，不确定因素充斥着各领域的市场，传统的项目投资决策分析方法的局限性已不能对投资项目的可行性作出准确的评价。有见及此，期权定价理论受到人们的重视，特别是实物期权方法，学者对此法的研究方兴未艾.而实物期权的引入突破了DCF法许多假设，也给项目管理以更加精确的数据支持，是项目评价方法的一大突破。相信，随着期权理论的发展和完善。实物期权必将被广泛的接受和运用。
本文在介绍了实物期权的基本理论并充分阐述净现值法的缺陷基础上 ,说明将实物期权的方法引入投资决策优越性, 阐述实物期权的方法的发展对项目评价重大意义。
别在线翻译好不 用这个我还花什么积分啊
At present, the time during the investment decision-making in most cases are discounted cash flow method, this method there are more limitations, not only the needs of many of the assumptions and reality of conflict, and each time point in the cash flow of how the accurate risk estimates and circumstances of how to determine the discount rate (generally speaking, risk is inevitable) has a number of issues such as arguments. The rapid market changes due to development, filled with uncertainties of the market in various fields, the traditional investment decision-making has been the limitations of analytical methods can not be the feasibility of investment projects to make an accurate evaluation. In view of this, option pricing theory attention, especially the real options approach, the study of law scholars have the ascendant. And the introduction of real options DCF broke the law a number of assumptions, but also to project management to support more precise data, project evaluation