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Title: This is a &#65533;partial&#65533; practioners giude
Review: Be warned! This is a "partial" work.Mr. Copeland's work is great and insightful (once you download 26 pages of errata and keep it close by). He starts off with NPV and builds up to "rainbow" options. The detail is comprehensive and the chapter end questions are challenging. And this is my beef. You have to pay The Monitor Group an additional $US 30.00 for the solutions to the problems. This is not what I would call "a parishioners guide" but another example of an American corporate rip-off!.Due to the fact that the errata was the longest I have come across, that the editing was generally so poor, and the solutions are an additional charge, I feel that Texere owes me a complete parishioners guide to real options. By using Real option analysis or NPV, the additional costs in time and money can not justify an investment in this book. A real sunk cost for me.Mr. Copeland, do not let your name go on such a poorly finished product again.
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