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	<title>Strategy @ Risk &#187; Investment area</title>
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		<title>Risk, price and value</title>
		<link>http://www.strategy-at-risk.com/2008/02/16/risk-price-and-value/</link>
		<comments>http://www.strategy-at-risk.com/2008/02/16/risk-price-and-value/#comments</comments>
		<pubDate>Sat, 16 Feb 2008 12:24:18 +0000</pubDate>
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				<category><![CDATA[Mergers & Acquisition]]></category>
		<category><![CDATA[Acquisition]]></category>
		<category><![CDATA[ERM]]></category>
		<category><![CDATA[Investment area]]></category>
		<category><![CDATA[M&A]]></category>
		<category><![CDATA[Mergers]]></category>
		<category><![CDATA[Risk]]></category>
		<category><![CDATA[Safety margin]]></category>
		<category><![CDATA[Speculative area]]></category>
		<category><![CDATA[Stochastic simulation]]></category>

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		<description><![CDATA[Having arrived at the probability distribution for the value of equity (see full story) we are able to calculate expected gain, loss and their probability when investing in a company where the capitalized value (price) is known.]]></description>
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