Examinando por Autor "Maya Ochoa, Cecilia Inés"

Mostrando 1 - 2 de 2
  • No hay miniatura disponible
    Ítem
    El valor de la propiedad industrial aproximación a un método de valoración financiera de activos intangibles
    (Universidad EAFIT, 2010) González Londoño, Yessica Catalina; Zuluaga Carmona, Mauricio; Maya Ochoa, Cecilia Inés
    Intangible assets are an important component of the market value of a company, especially brands that represent the competitive advantage of the company to sell a particular product or service; however, neither the accounting nor the finances propose an appropriate method for valuing them. Most methods are subjective, have limitations and sometimes misconceptions from a financial point of view. Most of these models end up being used for the management of intangibles.
  • No hay miniatura disponible
    Ítem
    Valoración de opciones tipo Lookback : una aplicación a la tasa de cambio
    (Universidad EAFIT, 2007) Maya Ochoa, Cecilia Inés; Rodríguez Mejía, Jorge Andrés
    The development of instruments for hedging risks known as derivatives has been vertiginous in the last two decades. One of the most dynamic is the group of exotic options, that is to say, those that do not adjust to the conditions of the traditional European or American options. This study focuses on the valuation of Lookback options, and presents the current analytical and numerical methods used for this purpose. Its application to the case of options on the exchange rate is discussed and the study concludes that the use of the Montecarlo method where the underlying asset follows a process of stochastic volatility like the one proposed by Heston (1993) is much more suitable for this case. The flexibility which characterizes this method is necessary for the valuation of exotic options which are path dependent. This method also allows us to model the underlying asset following different stochastic processes when lognormality is rejected.