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Message type: E = Error
Message class: J- -
Message number: 116
Message text: Valuation of options is not possible; NPV of underlying (&) was not calc.
Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.
To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.
Unfortunately, there isn't any extra information in this error notice.
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J-116
- Valuation of options is not possible; NPV of underlying (&) was not calc. ?The SAP error message J-116 indicates that the system is unable to calculate the Net Present Value (NPV) of the underlying asset for an option valuation. This can occur for several reasons, and understanding the cause is essential for resolving the issue.
Causes:
- Missing Data: The underlying asset may not have the necessary data for valuation, such as market prices, interest rates, or volatility.
- Configuration Issues: The valuation settings in the system may not be correctly configured, leading to an inability to calculate the NPV.
- Inconsistent Data: There may be inconsistencies in the data related to the underlying asset, such as incorrect or missing valuation parameters.
- Market Data Issues: The required market data for the valuation might not be available or updated in the system.
- Valuation Model: The valuation model being used may not be appropriate for the type of option or underlying asset.
Solutions:
- Check Data Completeness: Ensure that all necessary data for the underlying asset is available and correctly entered in the system. This includes market prices, interest rates, and volatility.
- Review Configuration: Verify the configuration settings for option valuation in SAP. Ensure that the valuation methods and parameters are set up correctly.
- Update Market Data: Make sure that the market data used for valuation is current and accurate. This may involve updating data feeds or manually entering missing information.
- Validate Valuation Model: Check if the valuation model being used is suitable for the specific option and underlying asset. If necessary, switch to a different model that is more appropriate.
- Consult Documentation: Refer to SAP documentation or help resources for specific guidance on the error message and potential fixes.
- Contact Support: If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
Related Information:
By systematically addressing the potential causes and implementing the suggested solutions, you should be able to resolve the J-116 error and successfully perform the valuation of options in SAP.
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