fundamental of corporate finance 9th

Principles of corporate finance

Principles of corporate finance

Ngày tải lên : 13/12/2013, 14:53
... market offer a return of 7%, then Cost of capital = r = 7% 16 Valuing an Office Building Step 3: Discount future cash flows PV = C1 (1+r) = 400 (1+.07) = 374 Step 4: Go ahead if PV of payoff exceeds ... higher rate of return w Higher required rates of return cause lower PVs PV of C1 = $400 at 7% 400 PV = = 374 + 07 19 Risk and Present Value PV of C1 = $400 at 12% 400 PV = = 357 + 12 PV of C1 = $400 ... of C1 = $400 at 7% 400 PV = = 374 + 07 20 Rate of Return Rule w Accept investments that offer rates of return in excess of their opportunity cost of capital Example In the project listed below,...
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Tài liệu Basics of Corporate Finance pptx

Tài liệu Basics of Corporate Finance pptx

Ngày tải lên : 22/12/2013, 16:15
... Basics of Corporate Finance May 1994 Basics of Corporate Finance Warning These workbook and computer-based materials are the product of, and copyrighted by, Citibank ... consent of the Professional Development Center of Latin America Global Finance and the Citibank Asia Pacific Banking Institute Please sign your name in the space below Table of Contents TABLE OF ... TABLE OF CONTENTS (This page is intentionally blank) v-1.1 v05/15/94 p01/14/00 Introduction www.LisAri.com www.LisAri.com INTRODUCTION: BASICS OF CORPORATE FINANCE COURSE OVERVIEW Basics of Corporate...
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Tài liệu McGraw.Hill - Brealey & Myers - Principles of Corporate Finance, 6th Edition Slides docx

Tài liệu McGraw.Hill - Brealey & Myers - Principles of Corporate Finance, 6th Edition Slides docx

Ngày tải lên : 17/01/2014, 02:20
... market offer a return of 7%, then Cost of capital = r = 7% 16 Valuing an Office Building Step 3: Discount future cash flows PV = C1 (1+r) = 400 (1+.07) = 374 Step 4: Go ahead if PV of payoff exceeds ... higher rate of return w Higher required rates of return cause lower PVs PV of C1 = $400 at 7% 400 PV = = 374 + 07 19 Risk and Present Value PV of C1 = $400 at 12% 400 PV = = 357 + 12 PV of C1 = $400 ... of C1 = $400 at 7% 400 PV = = 374 + 07 20 Rate of Return Rule w Accept investments that offer rates of return in excess of their opportunity cost of capital Example In the project listed below,...
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Tài liệu Fundamentals of Corporate Finance docx

Tài liệu Fundamentals of Corporate Finance docx

Ngày tải lên : 22/02/2014, 06:20
... material from FUNDAMENTALS OF CORPORATE FINANCE, Third Edition with additional material from FUNDAMENTALS OF CORPORATE FINANCE, Alternate Fifth Edition ESSENTIALS OF CORPORATE FINANCE, Second ... Wallace E Carroll School of Management Boston College with additional material from Fundamentals of Corporate Finance, Alternate Fifth Edition Essentials of Corporate Finance, Second Edition Stephen ... material from Fundamentals of Corporate Finance Third Edition Richard A Brealey Bank of England and London Business School Stewart C Myers Sloan School of Management Massachusetts Institute of Technology...
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Fundamentals of Corporate Finance docx

Fundamentals of Corporate Finance docx

Ngày tải lên : 31/03/2014, 22:21
... material from FUNDAMENTALS OF CORPORATE FINANCE, Third Edition with additional material from FUNDAMENTALS OF CORPORATE FINANCE, Alternate Fifth Edition ESSENTIALS OF CORPORATE FINANCE, Second ... Wallace E Carroll School of Management Boston College with additional material from Fundamentals of Corporate Finance, Alternate Fifth Edition Essentials of Corporate Finance, Second Edition Stephen ... material from Fundamentals of Corporate Finance Third Edition Richard A Brealey Bank of England and London Business School Stewart C Myers Sloan School of Management Massachusetts Institute of Technology...
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citibank - basics of corporate finance

citibank - basics of corporate finance

Ngày tải lên : 01/04/2014, 23:38
... v-1.1 x TABLE OF CONTENTS (This page is intentionally blank) v-1.1 v05/15/94 p01/14/00 Introduction INTRODUCTION: BASICS OF CORPORATE FINANCE COURSE OVERVIEW Basics of Corporate Finance serves ... Center of Latin America Global Finance and the Citibank Asia Pacific Banking Institute Please sign your name in the space below Table of Contents TABLE OF CONTENTS Introduction: Basics of Corporate ... STATEMENT Summary of operations and profitability The Income Statement provides a summary of a company's operations and profitability over a given period of time (at the end of a month, quarter,...
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Bài giảng tài chính doanh nghiệp   chương 1 (overview of corporate finance)

Bài giảng tài chính doanh nghiệp chương 1 (overview of corporate finance)

Ngày tải lên : 08/06/2014, 18:43
... trị nguồn vốn doanh nghiệp CHƯƠNG TỔNG QUAN VỀ TÀI CHÍNH DOANH NGHIỆP (CHAPTER 1: OVERVIEW OF CORPORATE FINANCE) TỔNG QUAN VỀ TÀI CHÍNH DOANH NGHIỆP Khái quát chung TCDN Các định TCDN Các nhân...
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Fundamentals of Corporate Finance potx

Fundamentals of Corporate Finance potx

Ngày tải lên : 28/06/2014, 10:20
... material from FUNDAMENTALS OF CORPORATE FINANCE, Third Edition with additional material from FUNDAMENTALS OF CORPORATE FINANCE, Alternate Fifth Edition ESSENTIALS OF CORPORATE FINANCE, Second ... Wallace E Carroll School of Management Boston College with additional material from Fundamentals of Corporate Finance, Alternate Fifth Edition Essentials of Corporate Finance, Second Edition Stephen ... material from Fundamentals of Corporate Finance Third Edition Richard A Brealey Bank of England and London Business School Stewart C Myers Sloan School of Management Massachusetts Institute of Technology...
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Principles Of Corporate Finance doc

Principles Of Corporate Finance doc

Ngày tải lên : 28/06/2014, 10:20
... market offer a return of 7%, then Cost of capital = r = 7% 16 Valuing an Office Building Step 3: Discount future cash flows PV = C1 (1+r) = 400 (1+.07) = 374 Step 4: Go ahead if PV of payoff exceeds ... higher rate of return w Higher required rates of return cause lower PVs PV of C1 = $400 at 7% 400 PV = = 374 + 07 19 Risk and Present Value PV of C1 = $400 at 12% 400 PV = = 357 + 12 PV of C1 = $400 ... of C1 = $400 at 7% 400 PV = = 374 + 07 20 Rate of Return Rule w Accept investments that offer rates of return in excess of their opportunity cost of capital Example In the project listed below,...
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Fundamentals of Corporate Finance ppt

Fundamentals of Corporate Finance ppt

Ngày tải lên : 28/06/2014, 23:20
... material from FUNDAMENTALS OF CORPORATE FINANCE, Third Edition with additional material from FUNDAMENTALS OF CORPORATE FINANCE, Alternate Fifth Edition ESSENTIALS OF CORPORATE FINANCE, Second ... Wallace E Carroll School of Management Boston College with additional material from Fundamentals of Corporate Finance, Alternate Fifth Edition Essentials of Corporate Finance, Second Edition Stephen ... material from Fundamentals of Corporate Finance Third Edition Richard A Brealey Bank of England and London Business School Stewart C Myers Sloan School of Management Massachusetts Institute of Technology...
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Fundamentals of Corporate Finance 8th edition: Solutions Manual

Fundamentals of Corporate Finance 8th edition: Solutions Manual

Ngày tải lên : 01/07/2014, 14:22
... sales h Return on assets is a measure of bottom-line profit per dollar of total assets i Return on equity is a measure of bottom-line profit per dollar of equity j Price-earnings ratio reflects ... the corporate form of ownership, the shareholders are the owners of the firm The shareholders elect the directors of the corporation, who in turn appoint the firm’s management This separation of ... measure of the short-term liquidity of the firm, after removing the effects of inventory, generally the least liquid of the firm’s current assets b Cash ratio represents the ability of the firm...
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Brealey−Meyers: Principles of Corporate Finance, 7th Edition - Chapter 1 potx

Brealey−Meyers: Principles of Corporate Finance, 7th Edition - Chapter 1 potx

Ngày tải lên : 06/07/2014, 08:20
... specialize in finance These include Euromoney, Corporate Finance, Journal of Applied Corporate Finance, Risk, and CFO Magazine This list does not include research journals such as the Journal of Finance, ... were also marrying The Principles of Corporate Finance Richard A Brealey Stewart C Myers Brealey−Meyers: Principles of Corporate Finance, Seventh Edition I Value Finance and the Financial Manager ... to fit the needs of the new Finance Tutor Series are included on the CD: your course Time Value of Money Tutor, Stock and Bond Valuation Brealey−Meyers: Principles of Corporate Finance, Seventh...
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Brealey−Meyers: Principles of Corporate Finance, 7th Edition - Chapter 2 pps

Brealey−Meyers: Principles of Corporate Finance, 7th Edition - Chapter 2 pps

Ngày tải lên : 06/07/2014, 08:20
... because its rate of return exceeds the cost of capital The rate of return on the investment in the office building is simply the profit as a proportion of the initial outlay: Return ϭ profit investment ... values • Rate -of- return rule Accept investments that offer rates of return in excess of their opportunity costs of capital.5 The Opportunity Cost of Capital The opportunity cost of capital is ... Jr., “Economics and Ethics: The Case of Salomon Brothers,” Journal of Applied Corporate Finance (Summer 1992), pp 23–28 Brealey−Meyers: Principles of Corporate Finance, Seventh Edition I Value Present...
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Brealey−Meyers: Principles of Corporate Finance, 7th Edition - Chapter 3 doc

Brealey−Meyers: Principles of Corporate Finance, 7th Edition - Chapter 3 doc

Ngày tải lên : 06/07/2014, 08:20
... rate of r will, therefore, grow to er ϭ (2.718)r by the end of the first year By the end of t years it will grow to ert ϭ (2.718)rt Appendix Table at the end of the book is a table of values of ... 1.0772 ϭ $1.16 by the end of two years The present value of your year-2 cash flow equals PV ϭ C2 100 ϭ ϭ $86.21 11 ϩ r2 11.0772 33 Brealey−Meyers: Principles of Corporate Finance, Seventh Edition ... rate of return However, with an inflation rate of percent you are only 3.774 percent better off at the end of the year than at the start: Invest Current Dollars 1,000 Expected Real Value of Period-1...
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Brealey−Meyers: Principles of Corporate Finance, 7th Edition - Chapter 4 doc

Brealey−Meyers: Principles of Corporate Finance, 7th Edition - Chapter 4 doc

Ngày tải lên : 06/07/2014, 08:20
... value of the stream of pershare dividends Brealey−Meyers: Principles of Corporate Finance, Seventh Edition I Value © The McGraw−Hill Companies, 2003 The Value of Common Stocks CHAPTER The Value of ... value of the investment as of t ϭ is NPV1 ϭ Ϫ 3.33 ϩ 83 ϭ $2.22 15 Brealey−Meyers: Principles of Corporate Finance, Seventh Edition I Value © The McGraw−Hill Companies, 2003 The Value of Common ... and profitability in Chapter 12 Brealey−Meyers: Principles of Corporate Finance, Seventh Edition I Value The Value of Common Stocks CHAPTER © The McGraw−Hill Companies, 2003 The Value of Common...
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Brealey−Meyers: Principles of Corporate Finance, 7th Edition - Chapter 5 docx

Brealey−Meyers: Principles of Corporate Finance, 7th Edition - Chapter 5 docx

Ngày tải lên : 06/07/2014, 08:20
... dangers here The book rate of return may not be a good measure of true profitability It is also an average across all of the firm’s activities The average profitability of past investments is not ... expressed in terms of rate of return, which would lead to the following rule: “Accept investment opportunities offering rates of return in excess of their opportunity costs of capital.” That statement, ... defining the true rate of return of an investment that generates a single payoff after one period: Rate of return ϭ payoff investment Ϫ1 Alternatively, we could write down the NPV of the investment...
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Brealey−Meyers: Principles of Corporate Finance, 7th Edition - Chapter 6 ppt

Brealey−Meyers: Principles of Corporate Finance, 7th Edition - Chapter 6 ppt

Ngày tải lên : 06/07/2014, 08:20
... countries The French tax rate is made up of a basic corporate tax rate of 33.3 percent plus a surtax of 3.33 percent Brealey−Meyers: Principles of Corporate Finance, Seventh Edition I Value Making ... value of a series of harvests, taking account of the different growth rates of young and old trees Repeat our calculations, counting the future market value of cut-over land as part of the payoff ... a life of five years, and at a discount rate of percent the present value of the cost of buying and operating it is $500,000 We begin by converting the $500,000 present value of cost of the new...
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