2026-09-22T17:55:48Zhttps://dspace.mit.edu/server/oai/requestoai:dspace.mit.edu:1721.1/328962022-01-13T07:54:36Zcom_1721.1_7582com_1721.1_7581col_1721.1_131024
Stewart C. Myers.
Gibbons, Meghan (Meghan Leigh)
Massachusetts Institute of Technology. Dept. of Mechanical Engineering.
Massachusetts Institute of Technology. Department of Mechanical Engineering
2006-05-15T20:37:41Z
2006-05-15T20:37:41Z
2005
2005
http://hdl.handle.net/1721.1/32896
62620995
Thesis (S.B.)--Massachusetts Institute of Technology, Dept. of Mechanical Engineering, 2005.
Includes bibliographical references (p. 54).
The purpose of this thesis is to analyze the specific project value of a chemical company that undertook a major expansion in the late 1990s. The actual details of the investment were unique and conditional on the level of cumulative internal rate of return for the project. This thesis evaluates the project value and the terms of the project financing using Monte Carlo simulation, which is able to take into account the path-dependent nature of the cash flow model. The results of this research are of interest to investors facing similar financing terms or similar investment opportunities in the future.
by Meghan Gibbons.
S.B.
54 p.
2469173 bytes
2470164 bytes
application/pdf
application/pdf
eng
Massachusetts Institute of Technology
M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.
http://dspace.mit.edu/handle/1721.1/7582
Mechanical Engineering.
Valuing project financing using Monte Carlo simulation, with application to the expansion of a chemical company
Thesis
application/pdf
false
Publication
unknown
unknown
<Publication xmlns="https://www.openaire.eu/cerif-profile/1.1/" id="a90275ff-8b9b-4111-9468-c7dd02fca7eb">
<Type xmlns="https://www.openaire.eu/cerif-profile/vocab/COAR_Publication_Types">http://purl.org/coar/resource_type/c_1843</Type>
<Language>eng</Language>
<Title>Valuing project financing using Monte Carlo simulation, with application to the expansion of a chemical company</Title>
<PublishedIn>
<Publication>
</Publication>
</PublishedIn>
<PublicationDate>2005</PublicationDate>
<Authors>
<Author>
<DisplayName>Gibbons, Meghan (Meghan Leigh)</DisplayName>
<Affiliation>
<OrgUnit>
</OrgUnit>
</Affiliation>
</Author>
</Authors>
<Editors>
</Editors>
<Publishers>
<Publisher>
<DisplayName>Massachusetts Institute of Technology</DisplayName>
<OrgUnit />
</Publisher>
</Publishers>
<License>http://dspace.mit.edu/handle/1721.1/7582</License>
<Keyword>Mechanical Engineering.</Keyword>
<Abstract>The purpose of this thesis is to analyze the specific project value of a chemical company that undertook a major expansion in the late 1990s. The actual details of the investment were unique and conditional on the level of cumulative internal rate of return for the project. This thesis evaluates the project value and the terms of the project financing using Monte Carlo simulation, which is able to take into account the path-dependent nature of the cash flow model. The results of this research are of interest to investors facing similar financing terms or similar investment opportunities in the future.</Abstract>
<Access xmlns="http://purl.org/coar/access_right"
>
</Access>
</Publication>