Protected: mistry Active 9 years ago Topics: 1Replies: 1☆ ProfileForums Topics StartedReplies CreatedEngagements Forum Replies Created Viewing 1 post (of 1 total) Author Posts December 2, 2011 at 4:29 pm #90478 mistryMember Topics: 1Replies: 1☆ Hi In valuing investments (or real options) Pe is the the estimated cost of the investment, in this case $35m and Pa is the present value of the net receipts (i.e positive cash flows) which is the $38.75. Author Posts Viewing 1 post (of 1 total)