financial modeling and asset valuation with excel
Case Study in Financial Modeling and Simulation of a Forestry Investment potx
Ngày tải lên :
23/03/2014, 04:20
... difficult.
Investment Evaluation Criteria
The Land Expectation Value(LEV) model is applied
in preference to the NPV model.
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Forestry Modeling
Forestry projects are long term.
Costs and benefits ... influenced by-
harvest age, species type, timber price.
1
Chapter 10: Case Study
in Financial Modeling
and Simulation of a
Forestry Investment
Investment in forestry as an
example of capital ...
predict.
Growth risks and product types are
particular to forestry.
Modeling helps to analyze the
forecast values.
12
Solving the Model
7
Forestry Risks 2
Timber return: inappropriate
pruning and thinning,...
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Tài liệu Financial Modeling with Crystal Ball and Excel doc
Ngày tải lên :
18/02/2014, 07:20
... retail stores and affiliated pro shops. It plans to
28
Financial Modeling
with Crystal
Ball and Excel
JOHN CHARNES
John Wiley & Sons, Inc.
10 FINANCIAL MODELING WITH CRYSTAL BALL AND EXCEL
■
Crystal ... through the examples and generating the output on your
computer as you read will help you decide what is best for you and your clients.
26 FINANCIAL MODELING WITH CRYSTAL BALL AND EXCEL
FIGURE 2.15 ... to stocks—the
20–80 portfolio, ,andYear 30 Wealth (9) represents a 90 percent allocation to
stocks—the 90–10 portfolio.
Financial Modeling
with Crystal
Ball and Excel
Introduction
5
FIGURE 1.1...
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Financial Modeling with Crystal Ball and Excel Chapter 1 pptx
Ngày tải lên :
05/07/2014, 18:20
... approximation to reality.
4 FINANCIAL MODELING WITH CRYSTAL BALL AND EXCEL
In short, probability and statistics help you weigh the potential rewards and
punishments associated with the decisions you ... if a random variable X follows the
normal distribution with mean, µ, and standard deviation, σ , then the random
variable Y = a +bX will also be normally distributed with mean, a +bµ ,and
standard ... College on Simulation, and proceedings coeditor (1996) and
program chair (2002) for the Winter Simulation Confererences.
xvii
Financial Modeling
with Crystal
Ball and Excel
JOHN CHARNES
John...
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Financial Modeling with Crystal Ball and Excel Chapter 2 ppsx
Ngày tải lên :
05/07/2014, 18:20
... through the examples and generating the output on your
computer as you read will help you decide what is best for you and your clients.
20 FINANCIAL MODELING WITH CRYSTAL BALL AND EXCEL
FIGURE 2.7 ... tool.
18 FINANCIAL MODELING WITH CRYSTAL BALL AND EXCEL
FIGURE 2.5 Frequency distributions depicting negative (Skewness =−2), positive (+2), and near-zero
(0.02) skewness at top left, top right, and ... Figure 2.2, the
possible values range from $0 to $15 million, and are broken up into 15 equal
14 FINANCIAL MODELING WITH CRYSTAL BALL AND EXCEL
FIGURE 2.3 Cumulative frequency chart showing accumulated...
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Financial Modeling with Crystal Ball and Excel Chapter 3 potx
Ngày tải lên :
05/07/2014, 18:20
... to offer for sale in its retail stores and affiliated pro shops. It plans to
28
32 FINANCIAL MODELING WITH CRYSTAL BALL AND EXCEL
FIGURE 3.4 Defining the demand assumption for the Alaskan Golf purchase ... section, we will add assumptions and a forecast to the
deterministic model in AKGolf.xls to create a stochastic model.
30 FINANCIAL MODELING WITH CRYSTAL BALL AND EXCEL
TABLE 3.1 Stochastic assumptions ... distribution, we assume that the lowest possible demand during
the season is 500 drivers, the largest possible demand is 1,500 drivers, and the most
likely demand is 800 drivers. These three parameters...
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Financial Modeling with Crystal Ball and Excel Chapter 4 pot
Ngày tải lên :
05/07/2014, 18:20
... normally
distributed with mean µ = 1 percent and standard deviation σ = 1 percent, and
Regime 2, where monthly rates of returns are normally distributed with mean µ = 1
percent and standard deviation ... distribution.
66 FINANCIAL MODELING WITH CRYSTAL BALL AND EXCEL
cells B2:B78 and C2:C78, respectively, in the spreadsheet PearsonSpearman.xls.
Cell H2 is lognormal(1.18,0.36), and cell I2 is lognormal(1.13,0.22).
The ... mound-shaped but has
a higher peak and heavier tails than a single normal
distribution with mean and standard deviation parameters
that are equal to the sample mean and standard deviation
statistics...
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Financial Modeling with Crystal Ball and Excel Chapter 5 pot
Ngày tải lên :
05/07/2014, 18:20
... second quarter of year, and abandon the
project if three consecutive quarters of cash flow below −$6 occur; and (2) expand if
88 FINANCIAL MODELING WITH CRYSTAL BALL AND EXCEL
FIGURE 5.21 Step ... through K are hidden.
94 FINANCIAL MODELING WITH CRYSTAL BALL AND EXCEL
different values for Abandon Point and seven different values for Expansion Point.
If we used more values with Decision Table, ... two assets, A and B. Asset A has a normally
distributed rate of return with mean, µ
A
= 10 percent, and standard deviation,
σ
A
= 20 percent. Asset B has a normally distributed rate of return with...
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financial modeling for managers with excel applications
Ngày tải lên :
27/05/2014, 02:37
... 248
A1 Order of operations 264
A2 Multiplication and division with signed numbers 265
A3 Powers and indices 267
A4 Logarithms 272
A5 Calculus 273
with Excel applications
Dawn E. Lorimer
Charles R. ... with symbols and
numbers is concerned, and even students might like a refresher. Fixed interest
arithmetic is a excellent way to do this, for the math is not all that complicated in
itself, and ... r
1
and r
m
are related by the following formula:
(1 + r
1
) = (1 + r
m
/m)
m
(3)
so that:
r
1
= (1 + r
m
/m)
m
- 1 (4)
Let’s take a moment and look at Equations (3) and (4). The left hand...
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Ensuring Financial Stability: Financial Structure and the Impact of Monetary Policy on Asset Prices
Ngày tải lên :
24/10/2012, 09:40
... Denmark, Switzerland, Spain,
Finland, France, Germany, Ireland, Italy, the Netherlands, Norway and the UK, a three-
month Treasury bill rate for Belgium, Sweden and the US, and a three-month ... the 95% level in Canada, Finland, the Netherlands,
Norway, Sweden, Switzerland, the UK and the US. Moreover, while in some countries,
(including Finland, the UK and the US) residential property ... Australia, Finland, Ireland, the
Netherlands, Norway, Spain, Sweden, the UK and the US; countries in the second group are Belgium,
Canada, Denmark, France, Germany, Italy, Japan and Switzerland.
...
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Financial analysis with excel
Ngày tải lên :
21/08/2013, 08:05
... full
number and let Excel format it to look like you wish. The manner in which Excel
displays numbers will not affect any calculations. Regardless of the format, Excel
always stores numbers with full ... cells that we want included, and Excel inserts them into the
formula. Move to C7 and we will enter the formula using the pointer mode. First,
type = which places Excel in edit mode. Now, instead ... can remedy this by using Excel s alignment options.
Excel provides for seven different horizontal alignments within a cell. We can have
the text (or numbers) aligned with the left or right sides...
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