'Required return' presentation slideshows

Corporate Financial Management 1

1.21k views • 78 slides

Net Present Value and Other Investment Criteria

9. Net Present Value and Other Investment Criteria. Key Concepts and Skills. Be able to compute payback and discounted payback and understand their shortcomings Understand accounting rates of return and their shortcomings

753 views • 53 slides

CHAPTER 9 Stocks and Their Valuation

CHAPTER 9 Stocks and Their Valuation Features of common stock Determining common stock values Efficient markets Preferred stock Facts about common stock Represents ownership Ownership implies control Stockholders elect directors Directors elect management

910 views • 47 slides

Cost of Capital

450 views • 37 slides

Chapter 2

Chapter 2. RISK AND RETURN BASICS. Chapter 2 Questions. What are the sources of investment returns? How can returns be measured? How can we compute returns on investments outside of their home country? What is risk and how is it measured?

469 views • 33 slides

Cost of capital and long-term financial policy

Chapter 14. Cost of capital and long-term financial policy. Chapter Outline. The Cost of Capital: Introduction The Cost of Equity The Costs of Debt and Preferred Stock The Weighted Average Cost of Capital Divisional and Project Costs of Capital

864 views • 33 slides

The Cost of Capital Chapter 14

The Cost of Capital Chapter 14. We know that the return earned on assets depends on the risk of those assets The return to an investor is the same as the cost to the company Our cost of capital provides us with an indication of how the market views the risk of our assets

658 views • 32 slides

Stock Valuation

Chapter Eight. Stock Valuation. Chapter Outline. Common Stock Valuation Common Stock Features Preferred Stock Features Stock Market Reporting. Cash Flows for Shareholders 8.1. If you buy a share of stock, you can receive cash in two ways Dividends Selling your shares

412 views • 32 slides

Cost of Capital

Chapter Fifteen. Cost of Capital. Chapter Outline. The Cost of Capital: Some Preliminaries The Cost of Equity The Costs of Debt and Preferred Stock The Weighted Average Cost of Capital Divisional and Project Costs of Capital Flotation Costs and the Weighted Average Cost of Capital.

448 views • 31 slides

Cost of capital

Chapter 7. Cost of capital. Chapter Outline. The Cost of Capital: Introduction The Cost of Equity (CAPM and DDM) The Costs of Debt and Preferred Stock The Weighted Average Cost of Capital Divisional and Project Costs of Capital. Why Cost of Capital is Important.

688 views • 30 slides

Chapter 18

Chapter 18. Equity Valuation Models. Fundamental Stock Analysis: Models of Equity Valuation. Basic Types of Models Balance Sheet Models Dividend Discount Models Price/Earning Ratios Estimating Growth Rates and Opportunities. Intrinsic Value and Market Price. Intrinsic Value

445 views • 30 slides

Risk and Return

Risk and Return. Learning goals. 1. Understand the meaning of risk and return 2. Understand the portfolio diversification 3. Usage of CAPM and SML. Risk 1. Task of financial manager: Assess of risk and return to maximize Investors, shareholders:

470 views • 29 slides

Stock Valuation

Chapter Eight. Stock Valuation. Chapter Outline. Common Stock Valuation Some Features of Common and Preferred Stocks The Stock Markets. Cash Flows for Stockholders. If you buy a share of stock, you can receive cash in two ways The company pays dividends

700 views • 27 slides

I nternational C orporate F inance Chapter 21

I nternational C orporate F inance Chapter 21. Issue in International Financial Management Have to consider the effect of exchange rates when operating in more than one currency Have to consider the political risk associated with actions of foreign governments

1.13k views • 24 slides

Key Concepts and Skills

Key Concepts and Skills Understand how stock prices depend on future dividends and dividend growth Be able to compute stock prices using the dividend growth model Understand how corporate directors are elected Understand how stock markets work Understand how stock prices are quoted

544 views • 22 slides

The L&G case : London office purchase 1992 / 2006

The L&G case : London office purchase 1992 / 2006. Case study. London office sale by UK insurance company, 1992 1990 development 1991 25 year lease with 5-yearly reviews to market rents, upward only Let to partnership of lawyers

362 views • 22 slides

Al Rajhi Bank Stock Report

Al Rajhi Bank Stock Report. 30 May 2008. Abdulaziz Almuammar Hesham Alshehah Mazen Alnaser. Presented by:. Outline. Banking Industry Analysis Recent Developments 2007 performance Analysis Valuation Conclusion. Banking Industry Analysis.

500 views • 20 slides

CHAPTER 7

CHAPTER 7. Capital Asset Pricing and Arbitrage Pricing Theory. Capital Asset Pricing Model (CAPM). CAPM is a theory of the relationship between risk and return CAPM underlies all modern finance. CAPM Assumptions. Information is costless and available to all investors

407 views • 17 slides

Chapter 6 Capital Budgeting Techniques

Chapter 6 Capital Budgeting Techniques. Net Present Value (NPV). Net Present Value (NPV). Net Present Value is found by subtracting the present value of the after-tax outflows from the present value of the after-tax inflows. Net Present Value (NPV).

348 views • 17 slides

Chapter 9 Questions

290 views • 6 slides