1.

Record Nr.

UNINA9910450944903321

Autore

Pratt Shannon P

Titolo

Cost of capital [[electronic resource] ] : applications and examples / / Shannon P. Pratt, Roger J. Grabowski

Pubbl/distr/stampa

Hoboken, N.J., : John Wiley & Sons, c2008

ISBN

1-281-28451-3

9786611284510

0-470-22371-5

Edizione

[3rd ed.]

Descrizione fisica

1 online resource (818 p.)

Altri autori (Persone)

GrabowskiRoger J

Disciplina

658.15/2

Soggetti

Capital investments

Business enterprises - Valuation

Capital investments - United States

Business enterprises - Valuation - United States

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Previous editions had subtitle: Estimation and applications.

Nota di bibliografia

Includes bibliographical references (p. 655-681) and index.

Nota di contenuto

COST OF CAPITAL: Applications and Examples, Third Edition; Contents; About the Authors; Foreword; Preface; WHAT'S NEW IN THIS EDITION; AUDIENCES FOR THE BOOK; PRACTICAL APPLICATIONS; Acknowledgments; Introduction; PURPOSE AND OBJECTIVE OF THIS BOOK; OVERVIEW; IMPORTANCE OF THE COST OF CAPITAL; COST OF CAPITAL ESSENTIAL IN THE MARKETPLACE; SOUND SUPPORT ESSENTIAL IN THE COURTROOM; ORGANIZATION OF THIS BOOK; SUMMARY; Notation System and Abbreviations Used in This Book; VALUE AT A POINT IN TIME; COST OF CAPITAL AND RATE OF RETURN VARIABLES; INCOME VARIABLES; PERIODS OR VARIABLES IN A SERIES

WEIGHTINGS GROWTH; MATHEMATICAL FUNCTIONS; NOTATION FOR REAL PROPERTY VALUATION (CHAPTER 36); ABBREVIATIONS; Part 1: Cost of Capital Basics; Chapter 1: Defining Cost of Capital; INTRODUCTION; COMPONENTS OF A COMPANY'S CAPITAL STRUCTURE; COST OF CAPITAL IS A FUNCTION OF THE INVESTMENT; COST OF CAPITAL IS FORWARD LOOKING; COST OF CAPITAL IS BASED ON MARKET VALUE, NOT BOOK VALUE; COST OF CAPITAL IS USUALLY



STATED IN NOMINAL TERMS; COST OF CAPITAL EQUALS THE DISCOUNT RATE; DISCOUNT RATE IS NOT THE SAME AS CAPITALIZATION RATE; SUMMARY

Chapter 2: Introduction to Cost of Capital Applications: Valuation and Project Selection INTRODUCTION; NET CASH FLOW IS THE PREFERRED ECONOMIC INCOME MEASURE; COST OF CAPITAL IS THE PROPER DISCOUNT RATE; PRESENT VALUE FORMULA; EXAMPLE: VALUING A BOND; APPLICATIONS TO BUSINESSES, BUSINESS INTERESTS, PROJECTS, AND DIVISIONS; SUMMARY; Chapter 3: Net Cash Flow: Preferred Measure of Economic Income; INTRODUCTION; DEFINING NET CASH FLOW; NET CASH FLOWS SHOULD BE PROBABILITY-WEIGHTED EXPECTED VALUES; WHY NET CASH FLOW IS THE PREFERRED MEASURE OF ECONOMIC INCOME; RESIDUAL EARNINGS; SUMMARY

ADDITIONAL READING Chapter 4: Discounting versus Capitalizing; INTRODUCTION; CAPITALIZATION FORMULA; EXAMPLE: VALUING A PREFERRED STOCK; FUNCTIONAL RELATIONSHIP BETWEEN DISCOUNT RATE AND CAPITALIZATION RATE; MAJOR DIFFERENCE BETWEEN DISCOUNTING AND CAPITALIZING; CONSTANT GROWTH OR GORDON GROWTH MODEL; COMBINING DISCOUNTING AND CAPITALIZING (TWO-STAGE MODEL); EQUIVALENCY OF DISCOUNTING AND CAPITALIZING MODELS; MIDYEAR CONVENTION; MATCHING PROJECTION PERIODS TO FINANCIAL STATEMENTS: PARTIAL FIRST YEAR; CAPITALIZING RESIDUAL EARNINGS; SUMMARY

Chapter 5: Relationship between Risk and the Cost of Capital INTRODUCTION; DEFINING RISK; HOW RISK IMPACTS THE COST OF CAPITAL; TYPES OF RISK; COST OF EQUITY CAPITAL; COST OF INVESTED CAPITAL OR OVERALL COST OF CAPITAL; SUMMARY; Chapter 5A: FASB's Concepts Statement No. 7: Cash Flows and Present Value Discount Rates; Chapter 6: Cost Components of a Company's Capital Structure; INTRODUCTION; DEBT CAPITAL; PREFERRED EQUITY; CONVERTIBLE DEBT AND PREFERRED EQUITY; EMPLOYEE STOCK OPTIONS; COMMON EQUITY; SUMMARY; Part 2: Estimating the Cost of Equity Capital and the Overall Cost of Capital

Chapter 7: Build-up Method

Sommario/riassunto

In this long-awaited Third Edition of Cost of Capital: Applications and Examples, renowned valuation experts and authors Shannon Pratt and Roger Grabowski address the most controversial issues and problems in estimating the cost of capital. This authoritative book makes a timely and significant contribution to the business valuation body of knowledge and is an essential part of the expert's library.



2.

Record Nr.

UNISALENTO991002011589707536

Autore

Colloquium on Infrared Astronomy <1st ; 1977 ; Lecce, Italy>

Titolo

1st Colloquium on Infrared Astronomy : proceedings of the Conference on Infrared Astronomy held in Lecce, Italy, September 22-24, 1977 / edited by A. Borghesi (editor) and by E. Bussoletti and A. Blanco (co-editors) ; sponsored by Società Astronomica Italiana

Pubbl/distr/stampa

Bologna : Tecnoprint, 1978

Descrizione fisica

296 p. : ill. ; 24 cm

Collana

Memorie della Società Astronomica italiana ; v. 49, no. 1

Classificazione

LC QB1

52.9.57

Altri autori (Persone)

Borghesi, Alfredo

Bussoletti, Ezio

Blanco, Armando

Altri autori (Enti)

Società Astronomica Italiana

Altri autori (Convegni)

Conference on Infrared Astronomy, 1st, 1977Lecce, Italy

Disciplina

520/.8

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia