3. Предположим, что у корпорации Microstuff Corporation есть возможность инвестиций в новую компьютерную технологию, использующую телевизоры для подключения к Интернет. В первой фазе необходимы затраты в 100 млн. долл. для разработки пилотного проекта с целью определения работоспособности технологии. Во второй фазе, которая начинается через год, потребуются дополнительные инвестиции в 1 млрд. долл. Предположим, что с сегодняшних позиций стоимость проекта через год, считая с сегодняшнего дня, можно оценить как случайную величину со средним значением в 1,1 млрд. долл. и стандартным отклонением 0,20. Необходимая ставка доходности для этого проекта составляет 10% годовых. Воспользуйтесь моделью для оценки стоимости опционов Блэка— Шоулза и определите, есть ли смысл работать над этим проектом.
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