[Retracted] Optimization of Tourism Real Estate Development Project Based on Option Premium Model

Table 4

Real option value of tourism real estate project in each period (unit: yuan).

Initial period	2016	2017	2018	2019	2020	2021	2022
300,167,600	420,117,700	573,392,000	760,774,700	978,607,300	1,218,980,400	1,473,877,100	1,744,116,800
0	163,655,000	246,134,100	361,434,900	515,545,800	709,733,000	936,114,200	1,176,241,700
0	0	69,255,800	114,385,500	185,743,400	294,913,500	453,874,500	666,998,700
0	0	0	17,351,400	32,376,400	60,411,900	112,724,000	210,334,300
0	0	0	0	0	0	0	0
0	0	0	0	0	0	0	0
0	0	0	0	0	00	0	0
	0	0	0	0	0	0	0
	0	0	0	0	0	0	0