... the Cost of
Capital for Multinational Firms,” Journal of Applied Corporate Finance 8 (Fall 199 5), pp. 95 –102.
Brealey−Meyers:
Principles of Corporate
Finance, Seventh Edition
II. Risk 9. Capital ... Certainty-
Cash Flow for Equivalent Ratio of CEQ
t
Year Project A (C
t
) Cash Flow (CEQ
t
) to C
t
1 100 94 .6 .94 6
2 100 89. 6 . 896 ϭ .94 6
2
3 100 84.8 .848 ϭ .94 6
3...
... Sachs, the last of the leading investment-bank part-
nerships, issued shares and became a public corporation in 199 8.
Brealey−Meyers:
Principles of Corporate
Finance, Seventh Edition
I. Value ... overseas invest-
ments. We discuss international corporate finance at many different points in the
chapters that follow.
Brealey−Meyers:
Principles of Corporate
Finance, Se...
... through 199 4. See S. C. Myers and C. Howe, “A Life-Cycle Model of Pharmaceuti-
cal R&D,” MIT Program on the Pharmaceutical Industry, April 199 7.
Brealey−Meyers:
Principles of Corporate
Finance, ... “Abandonment
Value in Capital Budgeting,” Journal of Finance 22 (December 196 7), pp. 577– 590 .
Brealey−Meyers:
Principles of Corporate
Finance, Seventh Edition
III...
... bondholders.
CHAPTER 29
Financial Analysis and Planning 833
199 9 2000 2004
Revenues 2,200 2,640 5,474
Costs (90 % of revenues) 1 ,98 0 2,376 4 ,92 7
Depreciation (10% of fixed assets at start of year) ... Planning and Short-Term Management
199 9 2000 2004
Net working capital (20% of revenues) 440 528 1, 095
Net fixed assets (25% of revenues) 550 660 1,3 69
Total net assets...