School of Computer and Computing Science, Zhejiang University City College, Hangzhou 310015, Zhejiang, China
The High-tech enterprise has much difference with traditional enterprise, it’s value consists of uncertain assets and certain assets, and the uncertain assets mostly use the Option pricing model. This passage considered paying dividends on the basis of evaluating Real option pricing model with Patent value, Thus gain the pricing model for paying dividends and regular payment of dividends pricing model, and then according to the actual situation, combined with the thoughts of Monte Carlo Method, we’ll use regular payment of dividends pricing model to simulate the value evaluation of high and new technology.
High-tech Enterprise; Monte Carlo Method; Paying Dividends; Real Option; Uncertainty of Assets
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