BUSINESS TRANSACTION METHOD FOR IMPROVING RISK MANAGEMENT AND LIQUIDATION RELATED TO NONMARKETABLE ARTICLE

摘要

PROBLEM TO BE SOLVED: To provide a new transaction method that evaluates the intrinsic value of a nonmarketable article more accurately, increases a risk management function therefor and promotes the liquidation thereof by using a real option.;SOLUTION: The business transaction method prepares a calculation process sheet A representing the calculation of a real option value on a spreadsheet using an ROV model, an evaluation sheet B explaining the intrinsic value of an article subject to real option contract, and a real option contract C describing all the conditions necessary for a transaction, including a real option price, a contract maturity date and a strike price; and posts an advertisement on a website. The use of the series business transaction method can evaluate the intrinsic value of a nonmarketable article more accurately, and can secure the volatility of the article, commercialize the article, increase the liquidity thereof and promote transactions by issuing a real option.;COPYRIGHT: (C)2007,JPO&INPIT