'Equity beta' diaporamas de présentation

FIN 40153: Advanced Corporate Finance

FIN 40153: Advanced Corporate Finance. THE WEIGHTED AVERAGE COST OF CAPITAL (BASED ON RWJ CHAPTER 13). The Cost of Capital and Valuation. Debt and Equity A company can get cash for investment by retaining earnings or selling either debt or equity.

996 views • 42 slides

Capital Structure Valuation and Capital Budgeting with Debt

Capital Structure Valuation and Capital Budgeting with Debt. Valuation. So far, we have valued investment projects (or firms) as if they were purely equity financed Under the Modigliani and Miller assumptions, this approach is valid

1.14k views • 36 slides

Capital Structure Valuation and Capital Budgeting with Debt

Capital Structure Valuation and Capital Budgeting with Debt. Valuation. So far, we have valued investment projects (or firms) as if they were purely equity financed Under the Modigliani and Miller assumptions, this approach is valid

729 views • 36 slides

Risk, Cost of Capital, and Capital Budgeting

341 views • 29 slides

Leverage, Financial Distress and the Cross-Section of Stock Returns

Leverage, Financial Distress and the Cross-Section of Stock Returns. Thomas J. George University of Houston and Chuan-Yang Hwang Nanyang Business School Nanyang Technological University December, 2006. Motivation.

373 views • 23 slides

TOPIC: WEIGHTED AVERAGE COST OF CAPITAL (WACC)

TOPIC: WEIGHTED AVERAGE COST OF CAPITAL (WACC). Firm Value should be Maximized when WACC is Minimized Factors that impact on WACC include operating profitability, business risk, interest rates at specified debt levels, and the tax rate. ADJUSTED PRESENT VALUE (APV).

523 views • 16 slides

The Cost of Equity

348 views • 12 slides

Session 3: Discount rate basics and the Risk f ree rate

Session 3: Discount rate basics and the Risk f ree rate. Aswath Damodaran. Estimating Inputs: Discount Rates. Critical ingredient in discounted cashflow valuation. Errors in estimating the discount rate or mismatching cashflows and discount rates can lead to serious errors in valuation.

282 views • 11 slides

Fin 325 Final Review

Fin 325 Final Review. Chang Liu 04/30/2014. Intro to Finance. Business organizational forms Sole Proprietorship Partnership (General/Limited) Corporation LLC Major financial management decisions Capital budgeting Financing/Capital structure Working capital management

139 views • 0 slides