Info
- Utilizzare la checkbox di selezione a fianco di ciascun documento per attivare le funzionalità di stampa, invio email, download nei formati disponibili del (i) record.
Business valuation discounts and premiums [[electronic resource] /] / Shannon P. Pratt
| Business valuation discounts and premiums [[electronic resource] /] / Shannon P. Pratt |
| Autore | Pratt Shannon P |
| Edizione | [2nd ed.] |
| Pubbl/distr/stampa | Hoboken, NJ, : Wiley, c2009 |
| Descrizione fisica | 1 online resource (505 p.) |
| Disciplina | 658.15 |
| Soggetto topico |
Business enterprises - Valuation
Business - Valuation |
| Soggetto genere / forma | Electronic books. |
| ISBN |
0-470-48545-0
1-119-19753-8 1-282-36866-4 9786612368660 0-470-48544-2 |
| Formato | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Business Valuation: Discounts and Premiums, Second Edition; Contents; List of Exhibits; About the Author; About the Contributing Authors; Foreword; Preface; Acknowledgments; Chapter 1: Overview of Business Valuation Discounts and Premiums and the Bases to Which They Are Applied; Chapter 2: Minority Discounts and Control Premiums; Chapter 3: Empirical Data Regarding Minority Discounts and Control Premiums; Chapter 4: Minority Discounts and Control Premiums in the Courts; Chapter 5: Discounts for Lack of Marketability for Minority Interests: Concept and Evidence
Chapter 6: Synopsis of Restricted Stock StudiesChapter 7: LiquiStat Database (Restricted Stocks, Options, Warrants, and Convertible Securities); Chapter 8: Blockage Discounts; Chapter 9: John Emory Pre-Initial Public Offering Discount for Lack of Marketability Studies-Complete Underlying Data; Chapter 10: Valuation Advisors Discount for Lack of Marketability Study; Chapter 11: Factors Affecting Discounts for Lack of Marketability for Minority Interests; Chapter 12: Discounts for Lack of Marketability for Controlling Interests Chapter 13: The Quantitative Marketability Discount Model: A Shareholder Level DCF ModelChapter 14: Marketability Discounts in the Courts-Minority Interests; Chapter 15: Marketability Discounts in the Courts-Controlling Interests; Chapter 16: Voting versus Nonvoting Stock; Chapter 17: Key Person Discounts and Premiums; Chapter 18: Discounts for Trapped-In Capital Gains Taxes; Chapter 19: Nonhomogeneous Assets (''Portfolio'') Discounts; Chapter 20: Discounts for Environmental, Litigation, and Other Contingent Liabilities Chapter 21: Discount Adjustments for Limited Partnership Interests and Other Asset Management EntitiesChapter 22: Adjusting Values for Differences in Size; Chapter 23: Discounts and Premiums in ESOP Valuations; Chapter 24: Discounts and Premiums in Divorce Disputes; Chapter 25: Discounts and Premiums in Corporate and Partnership Dissolution and Oppression Cases; Chapter 26: Discounts and Premiums in Fair Value for Financial Reporting; Chapter 27: Premium and Discount Issues in Undivided Interest Valuations; Chapter 28: Common Errors in Applying Discounts and Premiums; Appendix A: Bibliography Appendix B: Data ResourcesAppendix C: How Much Can Marketability Affect Security Values?; Appendix D: Internal Revenue Service Revenue Ruling 77-287; Appendix E: Securities and Exchange Commission Rules 144 and 144A; Appendix F: Table of Cases; Index |
| Record Nr. | UNINA-9910146409303321 |
Pratt Shannon P
|
||
| Hoboken, NJ, : Wiley, c2009 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Business valuation discounts and premiums / / Shannon P. Pratt
| Business valuation discounts and premiums / / Shannon P. Pratt |
| Autore | Pratt Shannon P |
| Edizione | [2nd ed.] |
| Pubbl/distr/stampa | Hoboken, NJ, : Wiley, c2009 |
| Descrizione fisica | 1 online resource (505 p.) |
| Disciplina | 658.15 |
| Soggetto topico |
Business enterprises - Valuation
Business - Valuation |
| ISBN |
0-470-48545-0
1-119-19753-8 1-282-36866-4 9786612368660 0-470-48544-2 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Business Valuation: Discounts and Premiums, Second Edition; Contents; List of Exhibits; About the Author; About the Contributing Authors; Foreword; Preface; Acknowledgments; Chapter 1: Overview of Business Valuation Discounts and Premiums and the Bases to Which They Are Applied; Chapter 2: Minority Discounts and Control Premiums; Chapter 3: Empirical Data Regarding Minority Discounts and Control Premiums; Chapter 4: Minority Discounts and Control Premiums in the Courts; Chapter 5: Discounts for Lack of Marketability for Minority Interests: Concept and Evidence
Chapter 6: Synopsis of Restricted Stock StudiesChapter 7: LiquiStat Database (Restricted Stocks, Options, Warrants, and Convertible Securities); Chapter 8: Blockage Discounts; Chapter 9: John Emory Pre-Initial Public Offering Discount for Lack of Marketability Studies-Complete Underlying Data; Chapter 10: Valuation Advisors Discount for Lack of Marketability Study; Chapter 11: Factors Affecting Discounts for Lack of Marketability for Minority Interests; Chapter 12: Discounts for Lack of Marketability for Controlling Interests Chapter 13: The Quantitative Marketability Discount Model: A Shareholder Level DCF ModelChapter 14: Marketability Discounts in the Courts-Minority Interests; Chapter 15: Marketability Discounts in the Courts-Controlling Interests; Chapter 16: Voting versus Nonvoting Stock; Chapter 17: Key Person Discounts and Premiums; Chapter 18: Discounts for Trapped-In Capital Gains Taxes; Chapter 19: Nonhomogeneous Assets (''Portfolio'') Discounts; Chapter 20: Discounts for Environmental, Litigation, and Other Contingent Liabilities Chapter 21: Discount Adjustments for Limited Partnership Interests and Other Asset Management EntitiesChapter 22: Adjusting Values for Differences in Size; Chapter 23: Discounts and Premiums in ESOP Valuations; Chapter 24: Discounts and Premiums in Divorce Disputes; Chapter 25: Discounts and Premiums in Corporate and Partnership Dissolution and Oppression Cases; Chapter 26: Discounts and Premiums in Fair Value for Financial Reporting; Chapter 27: Premium and Discount Issues in Undivided Interest Valuations; Chapter 28: Common Errors in Applying Discounts and Premiums; Appendix A: Bibliography Appendix B: Data ResourcesAppendix C: How Much Can Marketability Affect Security Values?; Appendix D: Internal Revenue Service Revenue Ruling 77-287; Appendix E: Securities and Exchange Commission Rules 144 and 144A; Appendix F: Table of Cases; Index |
| Record Nr. | UNINA-9910877265903321 |
|
Pratt Shannon P
|
||
| Hoboken, NJ, : Wiley, c2009 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Cost of Capital : Applications and Examples
| Cost of Capital : Applications and Examples |
| Autore | Pratt Shannon P |
| Edizione | [5th ed.] |
| Pubbl/distr/stampa | Hoboken, : Wiley, 2014 |
| Descrizione fisica | 1 online resource (1345 p.) |
| Disciplina |
658.15
658.152 |
| Altri autori (Persone) | GrabowskiRoger J |
| Collana | Wiley Finance |
| Soggetto topico |
Business enterprises -- Valuation -- Law and legislation -- United States
Business enterprises -- Valuation Capital investments -- Law and legislation -- United States Capital investments |
| ISBN |
1-118-84678-8
1-118-85280-X |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cost of Capital: Applications and Examples; Contents; About the Authors; Foreword; Preface; Acknowledgments; Part One: Cost of Capital Basics; Chapter 1: Defining Cost of Capital; Introduction; Components of a 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; 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; Standard (Basis) of Value; Summary
Chapter 2: Introduction to Cost of Capital Applications: Valuation, Project Selection, and Ratemaking 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, and Capital Budgeting Projects; Applications in Ratemaking; Summary; Chapter 3: Net Cash Flow: The Preferred Measure of Economic Income; Introduction; Defining Net Cash Flow; Net Cash Flow to Common Equity Capital; Net Cash Flow to Invested Capital Net Cash Flows Should Be Probability-weighted Expected Values Why Net Cash Flow Is the Preferred Measure of Economic Income; Summary; Additional Reading; Appendix 3A: Alternative Measures of Economic Income; Introduction; Capital Cash Flow; Adjusted Present Value; Residua l Income; 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 Criticisms of the Gordon Growth Model Combining Discounting and Capitalizing; Two-stage Model; Three-stage Model; Three-stage Model with Gradual Change in Growth; Equivalency of Discounting and Capitalizing Models; Summary; Appendix 4A: Equivalency of Capitalizing Residual Income; Chapter 5: Discounting-Beyond the Basics; Introduction; Midyear Convention; Midyear Discounting Convention; Midyear Capitalization Convention; Midyear Convention in the Two-stage Model; Seasonal Businesses; Matching Projection Periods to Financial Statement Dates: Partial First Year; Changing Risk over Time Midyear Convention in Two-stage Model with Changing Risk Duration of an Investment; Summary; Chapter 6: Relationship between Risk and the Cost of Capital; Introduction; Defining Risk; How Risk Affects the Cost of Capital; Valuation of Risky Net Cash Flows; Risk Aversion versus Risk Neutrality; Market Returns Increase as Risk Increases by Asset Class; Types of Risk; Maturity Risk; Market Risk; Company-specific Risk; Liquidity and Marketability Risk; Measuring Riskiness of Net Cash Flows; ASC 820 Fair Value Measurement: Cash Flows and Present Value Discount Rates; Summary Part Two: Estimating the Cost of Equity Capital |
| Record Nr. | UNINA-9910132233903321 |
|
Pratt Shannon P
|
||
| Hoboken, : Wiley, 2014 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Cost of capital [[electronic resource] ] : applications and examples / / Shannon P. Pratt, Roger J. Grabowski
| Cost of capital [[electronic resource] ] : applications and examples / / Shannon P. Pratt, Roger J. Grabowski |
| Autore | Pratt Shannon P |
| Edizione | [3rd ed.] |
| Pubbl/distr/stampa | Hoboken, N.J., : John Wiley & Sons, c2008 |
| Descrizione fisica | 1 online resource (818 p.) |
| Disciplina | 658.15/2 |
| Altri autori (Persone) | GrabowskiRoger J |
| Soggetto topico |
Capital investments
Business enterprises - Valuation Capital investments - United States Business enterprises - Valuation - United States |
| Soggetto genere / forma | Electronic books. |
| ISBN |
1-281-28451-3
9786611284510 0-470-22371-5 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| 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 |
| Record Nr. | UNINA-9910450944903321 |
|
Pratt Shannon P
|
||
| Hoboken, N.J., : John Wiley & Sons, c2008 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Cost of capital [[electronic resource] ] : applications and examples / / Shannon P. Pratt, Roger J. Grabowski
| Cost of capital [[electronic resource] ] : applications and examples / / Shannon P. Pratt, Roger J. Grabowski |
| Autore | Pratt Shannon P |
| Edizione | [3rd ed.] |
| Pubbl/distr/stampa | Hoboken, N.J., : John Wiley & Sons, c2008 |
| Descrizione fisica | 1 online resource (818 p.) |
| Disciplina | 658.15/2 |
| Altri autori (Persone) | GrabowskiRoger J |
| Soggetto topico |
Capital investments
Business enterprises - Valuation Capital investments - United States Business enterprises - Valuation - United States |
| ISBN |
1-281-28451-3
9786611284510 0-470-22371-5 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| 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 |
| Record Nr. | UNINA-9910777310003321 |
|
Pratt Shannon P
|
||
| Hoboken, N.J., : John Wiley & Sons, c2008 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Cost of capital : applications and examples / / Shannon P. Pratt, Roger J. Grabowski
| Cost of capital : applications and examples / / Shannon P. Pratt, Roger J. Grabowski |
| Autore | Pratt Shannon P |
| Edizione | [3rd ed.] |
| Pubbl/distr/stampa | Hoboken, N.J., : John Wiley & Sons, c2008 |
| Descrizione fisica | 1 online resource (818 p.) |
| Disciplina | 658.15/2 |
| Altri autori (Persone) | GrabowskiRoger J |
| Soggetto topico |
Capital investments
Business enterprises - Valuation Capital investments - United States Business enterprises - Valuation - United States |
| ISBN |
1-281-28451-3
9786611284510 0-470-22371-5 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| 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 |
| Record Nr. | UNINA-9910821675403321 |
|
Pratt Shannon P
|
||
| Hoboken, N.J., : John Wiley & Sons, c2008 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||