2025-07-09T21:56:04Z
Create a Monte Carlo model that simulates the product recovering value. Use it to derive a probability distribution for the valuation.
Dorian Taylor
Process Model Issues
Use the mode (it will almost certainly be asymmetric) or agree on a sensible percentile for the distribution, as well as a sensible time horizon.
What if the client insists on a number rather than a probability distribution?