期权价值评估法下，利用期权定价模型可以确定并购中隐含的期权价值，然后将

Under the option value evaluation method, the option pricing model can be used to determine the value of the option implicit in the merger and acquisition, and then add it to the static net present value calculated by the traditional method, which is the value of the target company. The option value assessment method considers the value of various opportunities and operational flexibility possessed by the target enterprise, and makes up for the shortcomings of the traditional value assessment method, which enables the M&A party to select opportunities based on risk and create operational flexibility. The greater the risk, The higher the value of the opportunities and flexibility that companies have.

Under the option value evaluation method, the option pricing model can be used to determine the implied option value in the merger and acquisition, and then added to the static NPV calculated by traditional method, i.e. the value of the target enterprise. The option value evaluation method takes into account the value of the various opportunities and business flexibility of the target enterprise, makes up for the defects of the traditional value evaluation method, and enables the acquirer to choose the opportunity according to the risk and create the flexibility of the operation.

Under the option valuation method, the implied option value in M & A can be determined by the option pricing model, and then it is added to the static net present value calculated by the traditional method, that is, the value of the target enterprise. The option value evaluation method considers the value of various opportunities and business flexibility of the target enterprise and makes up for the defects of the traditional value evaluation method. It enables the acquirer to choose opportunities and create business flexibility according to the risk. The greater the risk, the higher the opportunity and flexibility value the enterprise has.