Multinational enterprises may carry out the best deployment of resource in the sphere of whole world,utilize fluctuation of exchange rate in different country to produce investment flexibility,obtain flexibility option.This paper mainly discusses the investment flexibility option pricing method of multinational enterprises under uncertain risk of exchange rate through mathematics modeling,gives the influencing factor analysis of option value combining with some specific examples.
FANG Shi-Jian,QIN Zheng-Yun,MIAO Bai-Qi. The Study of Option Value of the Investment Flexibility of Multinational Enterprises Based on Exchange Rate Uncertainty[J]. J4, 2006, 3(3): 292-.