A Reply to "A Comment on "The Valuation of R&D Firms with R&D Limited Partnerships''.
回应了Cheung和Li对作者关于研发有限合伙制下研发企业看涨期权成分解释的澄清,指出双方在测量和计算上的差异。
Abstract Presents a reply to the clarification made by Joseph K. Cheung and Mandy Li on the author's interpretation of the component of the call option held by the research and development (R&D) firm with R&D limited partnerships. Difference between their measurements and computations.