%0 Journal Article 
%T Valuación de opciones simples y complejas contenidas en arrendamientos financieros
%D 2016
%@ 01235923
%U http://www.icesi.edu.co/revistas/index.php/estudios_gerenciales/article/view/2189
%X The value of leasing agreements is a function of the present value of the payments plus the operative
real options. The equivalent loan method (ELM), widely applied in leasing valuation, fails because it does
not incorporate the options embedded in the contract. The paper proposes a model of valuation that
combines the ELM and the binomial approach for valuing real options. The mathematical approach and
its application for simple (purchase, early cancellation; roll over) and compound options (venture leasing;
percentage leasing; deferred payment; deferred payment and purchase); showing the model’s ability to
calculate the current expanded value of the contract, such as the sum of the payment of the present value
and operative options.
%K Producción intelectual registrada - Universidad Icesi
%K Arrendamiento
%K Contratos de arrendamiento
%K Valor económico
%K Compra
%~ GOEDOC, SUB GOETTINGEN