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Stochastic Discounted Cash Flow

- A Theory of the Valuation of Firms
Engelsk Hardback

Stochastic Discounted Cash Flow

- A Theory of the Valuation of Firms
Engelsk Hardback

429 kr
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Om denne bog

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.

Product detaljer
Sprog:
Engelsk
Sider:
241
ISBN-13:
9783030370800
Indbinding:
Hardback
Udgave:
ISBN-10:
3030370801
Kategori:
Udg. Dato:
29 feb 2020
Længde:
23mm
Bredde:
242mm
Højde:
163mm
Forlag:
Springer Nature Switzerland AG
Oplagsdato:
29 feb 2020
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