Cost of capital: workbook and technical supplement
Pratt, Shannon P.
Grabowski, Roger J.
INDICE: Preface. About the Author. Acknowledgments. Notation System and Abbreviations Using in This Book. PART ONE: Technical SupplementSupplements to Chapters of Cost of Capital: Applications and Examples, 4th ed. CHAPTER 1: Alternative Net Cash Flow DefinitionsSupplement to Chapter 3. Introduction. Equity Cash Flow Method. Invested Capital Method. Capital Cash Flow Method. Adjusted Present Value Method. Residual Income Method. CHAPTER 2: Examples of ComputingOLS Beta, Sum Beta, and Full Information Beta EstimatesSupplement to Chapter 10. Introduction. Computing OLS and Sum Beta EstimatesAn Example. Computing Full-Information Beta EstimateAn Example. CHAPTER 3: Estimating Beta: Interpreting Regression StatisticsSupplement to Chapter 10. Introduction. Evaluating Beta Estimation Output. Evaluating Regression Output. CHAPTER 4: Example of Computing Downside Beta EstimatesSupplement to Chapter 12. Introduction. Computing Downside Beta Estimates. CHAPTER 5: Iterative Process Using CAPM to Calculate the Cost of Equity Component of the Weighted Average Cost of Capital When Capital Structure Is ConstantSupplement to Chapter 18. Introduction. Capital AssetPricing Model and Beta. Solution: The Iterative Process. Iterative Process Using a Financial Spreadsheet Model. Summary. Additional Reading. CHAPTER 6: Iterative Process Using CAPM to Calculate the Cost of Equity Component of the Weighted Average Cost of Capital When Capital Structure Is ChangingSupplement to Chapter 18. Introduction. Assumptions Inherent in Weighted Average Cost of Capital. Solution: Iterative Process with Changing Capital Structure. Iterative Process Using Financial SpreadsheetModel. Equity Value. Summary. Additional Reading. CHAPTER 7: Cost of Capital and the Valuation of Worthless StockSupplement to Chapter 16. Introduction. Liquidating Value. Potential Value. Example. Possibility That Value of the Business Enterprise Exceeds the Face Value of DebtPricing Equity as a Call Option. Potential Future Value: Probability That Business Enterprise Exceeds Face Value of Debt. Additional Considerations. Summary. PART TWO: Technical SupplementSpecific Applications of Cost of Capital. CHAPTER 8: Cost of Capital of Private Investment Company Interests. Introduction. The Private Investment Company. Relationships between Time to a Liquidity Event and Value. Lack of Control. Lack of Marketability or Illiquidity. Example Valuation of PIC Interest. Summary. CHAPTER 9: Cost of Capital of Real PropertyIndividual Assets. Introduction. Typical Structure of a Real Estate Transaction. Real Property Competes with Other Asset Classes. Direct Capitalization Method. Discounted Cash Flow Method. Estimating the Property Discount Rate. Summary. Appendix 9A: Valuing Real Property. CHAPTER 10: Cost of Capital of Real Estate Entities. Introduction. Definition of a Real Estate Entity. Meas
- ISBN: 978-0-470-47606-2
- Editorial: John Wiley & Sons
- Encuadernacion: Rústica
- Páginas: 255
- Fecha Publicación: 19/11/2010
- Nº Volúmenes: 1
- Idioma: Inglés