Valoración de un proyecto para la construcción de un parqueadero cerca del Aeropuerto Internacional José María Córdova, con el enfoque de opciones reales

Abstract

This research aims to design the valuation of a parking lot with the real options approach. It will be developed through the use of traditional methodologies as a primary information source, then, the Real Options approach will provide us with the viability of the expansion of the project. The methodology of binomial trees and the Monte Carlo simulation will be used to demonstrate the viability of the expansion, thus taking a time horizon of six years to make such an assessment. The results will indicate if the real options approach allows the evaluation of the possible scenarios arising throughout the project and the implementation strategies that allow to take the best decision and carry out the execution of a project which generates profitability for the investors.