What people are saying - Write a review
We haven't found any reviews in the usual places.
Present Value and the Opportunity Cost of Capital
How To Calculate Present Values
The Value of Common Stocks
30 other sections not shown
after-tax American put option amount annuity factor Answers to Practice assume beta bondholders borrowing calculate call option cash flows Challenge Questions common stock corporate cost of capital coupon bond debt ratio demand depreciation tax shield discount rate dividend dollar equal equity equivalent annual cost expected return financing firm's funds hedge hence higher income increase interest rate investment investors issue costs lease payments lender lncome lnvestment loan market value million operating opportunity cost option delta option value P/E ratio payoff percent portfolio Practice Questions present value problem profit purchase put option PV Exercise price PVGO rate of return receive repurchase retained earnings revenues risk-free rate risky Security Market Line sell share price shareholders spot price spot rate standard deviation stock price stockholders tax rate tax shield Value of call variable Variance worth yield zero