Resumen
In comparative project valuations, there is an assumption of equality of risk across investments. Two commercial metro office buildlings are valued according to both a European and American Put Option, broadening the number of acceptable actions for investors. This paper presents a technique that enhances the final investment decision process. Specifically, this paper posits that, superior to the Internal Rate of Return (IRR), stratifying the Modifited Internal Rate of Return (MIRR) provides another layer of risk analysis thta facilitates project comparisons even where other techniques have led to conflicting results.