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Stochastic Discounted Cash Flow
- A Theory of the Valuation of Firms
Engelsk
Bogcover for Stochastic Discounted Cash Flow af Lutz Kruschwitz, Andreas Loffler, 9783030370800
Specifikationer
Sprog:
Engelsk
Sider:
241
ISBN-13:
9783030370800
Indbinding:
Hardback
ISBN-10:
3030370801
Kategori:
Udg. Dato:
29 feb 2020
Størrelse i cm:
16,3 x 24,2 x 2,3
Oplagsdato:
29 feb 2020

Stochastic Discounted Cash Flow

- A Theory of the Valuation of Firms
Engelsk
Hardback 2020
Format:

Bog beskrivelse

This open access book discusses firm valuation, which is of interest to economists, particularly those working in finance. Firm valuation comes down to the calculation of the discounted cash flow, often only referred to by its abbreviation, DCF. There are, however, different coexistent versions, which seem to compete against each other, such as entity approaches and equity approaches. Acronyms are often used, such as APV (adjusted present value) or WACC (weighted average cost of capital), two concepts classified as entity approaches.

This book explains why there are several procedures and whether they lead to the same result. It also examines the economic differences between the methods and indicates the various purposes they serve. Further it describes the limits of the procedures and the situations they are best applied to. The problems this book addresses are relevant to theoreticians and practitioners alike.

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Specifikationer
Sprog:
Engelsk
Sider:
241
ISBN-13:
9783030370800
Indbinding:
Hardback
ISBN-10:
3030370801
Kategori:
Udg. Dato:
29 feb 2020
Størrelse i cm:
16,3 x 24,2 x 2,3
Oplagsdato:
29 feb 2020
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