Handbook of the Equity Risk Premium Book

Handbook of the Equity Risk Premium


  • Author : Rajnish Mehra
  • Publisher : Elsevier
  • Release Date : 2011-08-11
  • Genre: Business & Economics
  • Pages : 634
  • ISBN 10 : 0080555853

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Handbook of the Equity Risk Premium Book Description :

Edited by Rajnish Mehra, this volume focuses on the equity risk premium puzzle, a term coined by Mehra and Prescott in 1985 which encompasses a number of empirical regularities in the prices of capital assets that are at odds with the predictions of standard economic theory.

Valuation Handbook   U S  Guide to Cost of Capital Book

Valuation Handbook U S Guide to Cost of Capital


  • Author : Roger J. Grabowski
  • Publisher : John Wiley & Sons
  • Release Date : 2017-06-09
  • Genre: Business & Economics
  • Pages : 268
  • ISBN 10 : 9781119446057

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Valuation Handbook U S Guide to Cost of Capital Book Description :

The Valuation Handbook – U.S. Guide to Cost of Capital, 2011 Essentials Edition includes two sets of valuation data: Data previously published in the 2011 Duff & Phelps Risk Premium Report Data previously published in the Morningstar/Ibbotson 2011 Stocks, Bonds, Bills, and Inflation (SBBI) Valuation Yearbook The Valuation Handbook – 2011 U.S. Essentials Edition includes data through December 31, 2010, and is intended to be used for 2011 valuation dates. The Valuation Handbook – U.S. Guide to Cost of Capital, Essentials Editions are designed to function as historical archives of the two sets of valuation data previously published annually in: The Morningstar/Ibbotson Stocks, Bonds, Bills, and Inflation (SBBI) Valuation Yearbook from 1999 through 2013 The Duff & Phelps Risk Premium Report from 1999 through 2013 The Duff & Phelps Valuation Handbook – U.S. Guide to Cost of Capital from 2014 The Valuation Handbook – U.S. Essentials Editions are ideal for valuation analysts needing "historical" valuation data for use in: The preparation of carve-out historical financial statements, in cases where historical goodwill impairment testing is necessary Valuing legal entities as of vintage date for tax litigation related to a prior corporate restructuring Tax litigation related to historical transfer pricing policies, etc. The Valuation Handbook – U.S. Essentials Editions are also designed to serve the needs of: Corporate finance officers for pricing or evaluating mergers and acquisitions, raising private or public equity, property taxation, and stakeholder disputes Corporate officers for the evaluation of investments for capital budgeting decisions Investment bankers for pricing public offerings, mergers and acquisitions, and private equity financing CPAs who deal with either valuation for financial reporting or client valuations issues Judges and attorneys who deal with valuation issues in mergers and acquisitions, shareholder and partner disputes, damage cases, s

2017 Valuation Handbook   U S  Guide to Cost of Capital   Quarterly PDF Updates  Set  Book

2017 Valuation Handbook U S Guide to Cost of Capital Quarterly PDF Updates Set


  • Author : Roger J. Grabowski
  • Publisher : Wiley
  • Release Date : 2017-06-06
  • Genre: Business & Economics
  • Pages : 400
  • ISBN 10 : 1119367166

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2017 Valuation Handbook U S Guide to Cost of Capital Quarterly PDF Updates Set Book Description :

The New Industry Standard in Business Valuation Reference Materials – with Quarterly PDF Updates 2017 Valuation Handbook – U.S. Guide to Cost of Capital provides the key annual valuation data previously published in (i) the now discontinued Morningstar/Ibbotson SBBI Valuation Yearbook (discontinued in 2013), and (ii) the Duff & Phelps Risk Premium Report Study (no longer published as a stand-alone publication). The size premia data previously published in the SBBI Valuation Yearbook is referred to as the "CRSP Deciles Size Premia" exhibits in the new 2017 Valuation Handbook – U.S. Guide to Cost of Capital, while the size and risk premia data published in the Duff & Phelps Risk Premium Report Study has been published annually since 1996 and, like the former SBBI Valuation Yearbook, provides data and methodology that can be used to develop cost of equity capital estimates using (i) the build-up method and (ii) the capital asset pricing model (CAPM). The 2017 Valuation Handbook – U.S. Guide to Cost of Capital includes data through December 31, 2016, and is intended to be used for 2017 valuation dates. The accompanying PDF Updates refresh industry risk premia and betas from the 2017 Valuation Handbook – U.S. Guide to Cost of Capital on a quarterly basis with data through March, June, and September 2017 for a full year of coverage. For more information about Duff & Phelps valuation data resources published by Wiley, please visit www.wiley.com/go/valuationhandbooks. Also Available 2017 Valuation Handbook – Industry Cost of Capital + Quarterly PDF Updates 2017 Valuation Handbook – International Guide to Cost of Capital + Semiannual PDF Update 2017 Valuation Handbook – International Industry Cost of Capital + Semiannual PDF Update Key Features Key cost of capital inputs: The 2017 Valuation Handbook – U.S. Guide to Cost of Capital provides the key inputs needed for developing the cost of equity capital (i.e., "discount rate") for use in estimating the value

2017 Valuation Handbook   U S  Guide to Cost of Capital Book

2017 Valuation Handbook U S Guide to Cost of Capital


  • Author : Roger J. Grabowski
  • Publisher : John Wiley & Sons
  • Release Date : 2017-04-10
  • Genre: Business & Economics
  • Pages : 400
  • ISBN 10 : 9781119367123

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2017 Valuation Handbook U S Guide to Cost of Capital Book Description :

Ensure that you're using the most up-to-date data available: Buy the 2017 Valuation Handbook – U.S. Guide to Cost of Capital + Quarterly PDF Updates together! The New Industry Standard in Business Valuation Reference Materials 2017 Valuation Handbook – U.S. Guide to Cost of Capital provides the key annual valuation data previously published in (i) the now discontinued Morningstar/Ibbotson SBBI Valuation Yearbook (discontinued in 2013), and (ii) the Duff & Phelps Risk Premium Report Study (no longer published as a stand-alone publication). The size premia data previously published in the SBBI Valuation Yearbook is referred to as the "CRSP Deciles Size Premia" exhibits in the new 2017 Valuation Handbook – U.S. Guide to Cost of Capital, while the size and risk premia data published in the Duff & Phelps Risk Premium Report Study has been published annually since 1996 and, like the former SBBI Valuation Yearbook, provides data and methodology that can be used to develop cost of equity capital estimates using (i) the build-up method and (ii) the capital asset pricing model (CAPM). The 2017 Valuation Handbook – U.S. Guide to Cost of Capital includes data through December 31, 2016, and is intended to be used for 2017 valuation dates. For more information about Duff & Phelps valuation data resources published by Wiley, please visit www.wiley.com/go/valuationhandbooks. Also Available 2017 Valuation Handbook – U.S. Industry Cost of Capital 2017 Valuation Handbook – International Guide to Cost of Capital 2017 Valuation Handbook – International Industry Cost of Capital Key Features Key cost of capital inputs: The 2017 Valuation Handbook – U.S. Guide to Cost of Capital provides the key inputs needed for developing the cost of equity capital (i.e., "discount rate") for use in estimating the value of a subject business, business ownership interest, security, or intangible asset. Inputs provided include: equity risk premia, size premia, risk premia over the risk free

2016 Valuation Handbook   Guide to Cost of Capital Book

2016 Valuation Handbook Guide to Cost of Capital


  • Author : Roger J. Grabowski
  • Publisher : John Wiley & Sons
  • Release Date : 2016-04-11
  • Genre: Business & Economics
  • Pages : 384
  • ISBN 10 :

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2016 Valuation Handbook Guide to Cost of Capital Book Description :

The size premia data previously published in the SBBI Valuation Yearbook is referred to as the "CRSP Deciles Size Premia" exhibits in the new 2016 Valuation Handbook Guide to Cost of Capital, while the size and risk premia data published in the Duff & Phelps Risk Premium Report has been published annually since 1996 and, like the former SBBI Valuation Yearbook, provides data and methodology that can be used to develop cost of equity capital estimates using (i) the build-up method and (ii) the capital asset pricing model (CAPM).

The Lawyer s Business Valuation Handbook Book

The Lawyer s Business Valuation Handbook


  • Author : Shannon P. Pratt
  • Publisher : American Bar Association
  • Release Date : 2000-01-01
  • Genre: Law
  • Pages : 472
  • ISBN 10 : 1570738297

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The Lawyer s Business Valuation Handbook Book Description :

This is a practical guide that will help lawyers and judges assess the qualifications of a business appraiser and the reliability of the information presented, and will enable them to work with valuation issues more efficiently and effectively.

The Equity Risk Premium Book

The Equity Risk Premium


  • Author : William N. Goetzmann
  • Publisher : Oxford University Press
  • Release Date : 2006-11-16
  • Genre: Business & Economics
  • Pages : 576
  • ISBN 10 : 9780199881970

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The Equity Risk Premium Book Description :

What is the return to investing in the stock market? Can we predict future stock market returns? How have equities performed over the last two centuries? The authors in this volume are among the leading researchers in the study of these questions. This book draws upon their research on the stock market over the past two dozen years. It contains their major research articles on the equity risk premium and new contributions on measuring, forecasting, and timing stock market returns, together with new interpretive essays that explore critical issues and new research on the topic of stock market investing. This book is aimed at all readers interested in understanding the empirical basis for the equity risk premium. Through the analysis and interpretation of two scholars whose research contributions have been key factors in the modern debate over stock market perfomance, this volume engages the reader in many of the key issues of importance to investors. How large is the premium? Is history a reliable guide to predict future equity returns? Does the equity and cash flows of the market? Are global equity markets different from those in the United States? Do emerging markets offer higher or lower equity risk premia? The authors use the historical performance of the world's stock markets to address these issues.

International Finance and Accounting Handbook Book

International Finance and Accounting Handbook


  • Author : Frederick D. S. Choi
  • Publisher : John Wiley & Sons
  • Release Date : 2003-10-31
  • Genre: Business & Economics
  • Pages : 888
  • ISBN 10 : 9780471647942

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International Finance and Accounting Handbook Book Description :

The International Accounting and Finance Handbook is an excellentreference for assisting those with interests or responsibilitiesconcerning the international dimensions of accounting, reporting,and control and finance. It provides the tools for managers whoneed to come to grip with the differences in accounting principles,financial disclosure and auditing practices in the worldwidefinance and accounting arena. * Provides an overview of international accounting and financeissues * Contributors are from Big-5 firms, top legal and finance firms,and well-known academics * Author is a leading academic expert in international accountingand finance with a great deal of practical consultingexperience * Shows important trends in international finance andaccounting * Provides practical examples and case studies

2017 Valuation Handbook   International Guide to Cost of Capital Book

2017 Valuation Handbook International Guide to Cost of Capital


  • Author : Roger J. Grabowski
  • Publisher : John Wiley & Sons
  • Release Date : 2017-07-12
  • Genre: Business & Economics
  • Pages : 480
  • ISBN 10 : 9781119366768

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2017 Valuation Handbook International Guide to Cost of Capital Book Description :

EVERYTHING YOU NEED FOR ACCURATE INTERNATIONAL COST OF CAPITAL ESTIMATIONS—IN A SINGLE VOLUME The 2017 Valuation Handbook – International Guide to Cost of Capital is part of the U.S. and international series of valuation resources authored by Duff & Phelps and published by John Wiley & Sons. This annually updated reference provides business valuation and finance professionals with the critical data they need to assess risk and develop cost of capital estimates on a global scale. Gauging the risks of an international investment is one of the trickiest aspects of finance. This comprehensive guidebook provides you with usable international data and methodology, and the ability to: Turn to a definitive resource of world-class data and guidance to gain a distinct competitive advantage in real-world situations. Access costly and difficult-to-obtain international data, assembled into easy-to-use cost of capital inputs at an accessible price point. Quickly grasp how concepts and methodologies translate into actual practice when they are brought to life in exemplifying cases. Accurate. Reliable. Trusted. The 2017 Valuation Handbook – International Guide to Cost of Capital gives you the upper hand the moment you open it. Other volumes in the annual series include: 2017 Valuation Handbook – International Industry Cost of Capital 2017 Valuation Handbook – U.S. Guide to Cost of Capital 2017 Valuation Handbook – U.S. Industry Cost of Capital

Family Law Services Handbook Book

Family Law Services Handbook


  • Author : Donald A. Glenn
  • Publisher : John Wiley & Sons
  • Release Date : 2010-09-24
  • Genre: Business & Economics
  • Pages : 600
  • ISBN 10 : 0470916982

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Family Law Services Handbook Book Description :

Up to fifty percent of financial forensic services are performed in divorces, or in family law business valuations. Providing the first definitive publication on family law for accountants, this book addresses topics unique to family law accounting, tax, valuation and practice. The coverage begins with pre-engagement of the client and proceeds through to trial and preparation and presentation. Sample checklists, work papers, and trial exhibits are included. CPAs and attorneys will benefit from this handbook’s tips on providing financial services in the family law arena.

2015 Valuation Handbook Book

2015 Valuation Handbook


  • Author : Roger J. Grabowski
  • Publisher : Wiley
  • Release Date : 2015-03-23
  • Genre: Business & Economics
  • Pages : 352
  • ISBN 10 : 1119070228

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2015 Valuation Handbook Book Description :

The New Industry Standard in Business Valuation Reference Materials 2015 Valuation Handbook ‒ Guide to Cost of Capital provides the key annual valuation data previously published in (i) the now discontinued Morningstar/Ibbotson SBBI® Valuation Yearbook (discontinued in 2013), and (ii) the Duff & Phelps Risk Premium Report (no longer published as a stand-alone publication). The size premia data previously published in the SBBI Valuation Yearbook is referred to as the “CRSP Deciles Size Premia” exhibits in the new 2015 Valuation Handbook, while the size and risk premia data published in the Duff & Phelps Risk Premium Report continues to be referred to as “Risk Premium Report” exhibits. The Risk Premium Report has been published annually since 1996 and, like the former SBBI Valuation Yearbook, provides data and methodology that can be used to develop cost of equity capital estimates using (i) the build-up method and (ii) the capital asset pricing model (CAPM). The 2015 Valuation Handbook includes data through December 31, 2014, and is intended to be used for 2015 valuation dates. Don't Forget the Quarterly Updates IRPs and debt betas are updated quarterly with data through March, June, and September 2015, for a full year of coverage. Ensure that you are using the most up-to-date IRP and debt beta data available: add the Quarterly Updates and keep your data library current. For more information about Duff & Phelps valuation data resources published by Wiley, please visit www.wiley.com/go/valuationhandbooks. Also Available 2015 Valuation Handbook - Industry Cost of Capital 2015 International Valuation Handbook - Guide to Cost of Capital Key Features Key cost of capital inputs: The 2015 Valuation Handbook provides the key inputs needed for developing the cost of equity capital (i.e. “discount rate) for use in estimating the value of a subject business, business ownership interest, security, or intangible asset. Inputs provided include: equity risk premia, siz

The Handbook of Equity Market Anomalies Book

The Handbook of Equity Market Anomalies


  • Author : Leonard Zacks
  • Publisher : John Wiley & Sons
  • Release Date : 2011-08-24
  • Genre: Business & Economics
  • Pages : 352
  • ISBN 10 : 9781118127766

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The Handbook of Equity Market Anomalies Book Description :

Investment pioneer Len Zacks presents the latest academicresearch on how to beat the market using equity anomalies The Handbook of Equity Market Anomalies organizes andsummarizes research carried out by hundreds of finance andaccounting professors over the last twenty years to identify andmeasure equity market inefficiencies and provides self-directedindividual investors with a framework for incorporating the resultsof this research into their own investment processes. Edited by LenZacks, CEO of Zacks Investment Research, and written by leadingprofessors who have performed groundbreaking research on specificanomalies, this book succinctly summarizes the most importantanomalies that savvy investors have used for decades to beat themarket. Some of the anomalies addressed include the accrual anomaly, netstock anomalies, fundamental anomalies, estimate revisions, changesin and levels of broker recommendations, earnings-per-sharesurprises, insider trading, price momentum and technical analysis,value and size anomalies, and several seasonal anomalies. Thisreliable resource also provides insights on how to best use thevarious anomalies in both market neutral and in long investorportfolios. A treasure trove of investment research and wisdom, thebook will save you literally thousands of hours by distilling theessence of twenty years of academic research into eleven clearchapters and providing the framework and conviction to developmarket-beating strategies. Strips the academic jargon from the research and highlights theactual returns generated by the anomalies, and documented in theacademic literature Provides a theoretical framework within which to understand theconcepts of risk adjusted returns and market inefficiencies Anomalies are selected by Len Zacks, a pioneer in the field ofinvesting As the founder of Zacks Investment Research, Len Zacks pioneeredthe concept of the earnings-per-share surprise in 1982 anddeveloped the Zacks Rank, one of the first anomaly-based stocks

Cost of Capital in Litigation Book

Cost of Capital in Litigation


  • Author : Shannon P. Pratt
  • Publisher : John Wiley & Sons
  • Release Date : 2010-10-26
  • Genre: Business & Economics
  • Pages : 336
  • ISBN 10 : 0470944919

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Cost of Capital in Litigation Book Description :

Cost of Capital in Litigation addresses cost of capital issues in litigation and discusses major decisions, highlighting how to avoid errors that have often been made by experts. The book helps the attorney and valuation expert understand the decisions within the context of the theory of cost of capital and includes a chapter on cross-examining experts on cost of capital issues. Throughout, there are citation to relevant material and cross-reference to Cost of Capital: Applications and Examples, Fourth Edition.

The Equity Risk Premium  A Contextual Literature Review Book

The Equity Risk Premium A Contextual Literature Review


  • Author : Laurence B. Siegel
  • Publisher : CFA Institute Research Foundation
  • Release Date : 2017-12-08
  • Genre: Business & Economics
  • Pages : 30
  • ISBN 10 : 9781944960322

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The Equity Risk Premium A Contextual Literature Review Book Description :

Research into the equity risk premium, often considered the most important number in finance, falls into three broad groupings. First, researchers have measured the margin by which equity total returns have exceeded fixed-income or cash returns over long historical periods and have projected this measure of the equity risk premium into the future. Second, the dividend discount model—or a variant of it, such as an earnings discount model—is used to estimate the future return on an equity index, and the fixed-income or cash yield is then subtracted to arrive at an equity risk premium expectation or forecast. Third, academics have used macroeconomic techniques to estimate what premium investors might rationally require for taking the risk of equities. Current thinking emphasizes the second, or dividend discount, approach and projects an equity risk premium centered on 3½% to 4%.

Cost of Capital Book

Cost of Capital


  • Author : Shannon P. Pratt
  • Publisher : John Wiley & Sons
  • Release Date : 2014-03-12
  • Genre: Business & Economics
  • Pages : 1344
  • ISBN 10 : 9781118852828

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Cost of Capital Book Description :

A one-stop shop for background and current thinking on the development and uses of rates of return on capital Completely revised for this highly anticipated fifth edition, Cost of Capital contains expanded materials on estimating the basic building blocks of the cost of equity capital, the risk-free rate, and equity risk premium. There is also discussion of the volatility created by the financial crisis in 2008, the subsequent recession and uncertain recovery, and how those events have fundamentally changed how we need to interpret the inputs to the models we use to develop these estimates. The book includes new case studies providing comprehensive discussion of cost of capital estimates for valuing a business and damages calculations for small and medium-sized businesses, cross-referenced to the chapters covering the theory and data. Addresses equity risk premium and the risk-free rate, including the impact of Federal Reserve actions Explores how to use Morningstar's Ibbotson and Duff Phelps Risk Premium Report data Discusses the global cost of capital estimation, including a new size study of European countries Cost of Capital, Fifth Edition puts an emphasis on practical application. To that end, this updated edition provides readers with exclusive access to a companion website filled with supplementary materials, allowing you to continue to learn in a hands-on fashion long after closing the book.

The Handbook of Advanced Business Valuation Book

The Handbook of Advanced Business Valuation


  • Author : Robert F. Reilly
  • Publisher : McGraw Hill Professional
  • Release Date : 1999-09-15
  • Genre: Business & Economics
  • Pages : 512
  • ISBN 10 : 0071379037

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The Handbook of Advanced Business Valuation Book Description :

International cost of capital...blockage discounts . . . valuation issues unique to ESOPs...specific valuation issues for sports teams...capital structure in emerging growth companies...methods for calculating equity risk premiums...These days, understanding the complex issues in advanced business valuation requires a team of experts. The HANDBOOK OF ADVANCED BUSINESS VALUATION is your team of valuation experts—nationally recognized practitioners and legal minds from across the country who provide authoritative answers and innovative solutions to your most perplexing valuation questions. Structured in a user-friendly, general-to-specific arrangement, The HANDBOOK OF ADVANCED BUSINESS VALUATION represents a broad cross section of the latest conceptual thinking on the subject. Only in this thought-provoking volume will you find: Abstracts and interpretations of recent empirical studies in lack of marketability, blockage, and more; In-depth treatment of specialized valuation issues from many industries—including healthcare, technology, and sports franchises; Lucid, intuitive explanations of complex and esoteric procedures for intercompany transfer pricing analyses and ad valorem property tax appraisals. Like its predecessor volume VALUING A BUSINESS—which covered basic business valuation concepts and practices in authoritative, all-encompassing fashion—The HANDBOOK OF ADVANCED BUSINESS VALUATION provides a new benchmark of advanced, contemporary discussions for investors and experienced business valuation practitioners. Valuation experts from PricewaterhouseCoopers, Ernst & Young, Willamette Management Associates, Arthur Andersen, American Appraisal Associates, and more combine their expertise in this well-written, thoughtful, and convincing reference—one with absolutely no close rival in the flourishing field of business valuation and security analysis.

2016 Valuation Handbook  Guide to Cost of Capital   Quarterly PDF Updates  Set  Book

2016 Valuation Handbook Guide to Cost of Capital Quarterly PDF Updates Set


  • Author : Roger J. Grabowski
  • Publisher : Wiley
  • Release Date : 2016-08-01
  • Genre: Business & Economics
  • Pages :
  • ISBN 10 : 1119299764

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2016 Valuation Handbook Guide to Cost of Capital Quarterly PDF Updates Set Book Description :

This is an annual yearbook that provides business valuation professionals with the data that they need to determine company risk and cost of capital. The data allows practitioners to perform income approaches to valuation without debating over the correct foundational risk rates. Also included are real-world examples and useful graphs that show the analyses. Note that the data provided is from the preceding year. This resource provides defensible cost of capital data of use in determining equity risk and size premia. Historical equity risk premiums and size premiums are provided for 25 size ranked portfolios using eight alternative measures of company size. The rate of return figures are also adjusted for factors that skew other equity risk premiums studies.

Asset Management and International Capital Markets Book

Asset Management and International Capital Markets


  • Author : Wolfgang Bessler
  • Publisher : Routledge
  • Release Date : 2013-08-21
  • Genre: Business & Economics
  • Pages : 228
  • ISBN 10 : 9781317979784

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Asset Management and International Capital Markets Book Description :

This innovative volume comprises a selection of original research articles offering a broad perspective on various dimensions of asset management in an international capital market environment. The topics covered include risk management and asset pricing models for portfolio management, performance evaluation and performance measurement of equity mutual funds as well as the wide range of bond portfolio management issues. Asset Management and International Capital Markets offers interesting new insights into state-of-the-art asset pricing and asset management research with a focus on international issues. Each chapter makes a valuable contribution to current research and literature, and will be of significant importance to the practice of asset management. This book is a compilation of articles originally published in The European Journal of Finance.

The Risk Modeling Evaluation Handbook  Rethinking Financial Risk Management Methodologies in the Global Capital Markets Book

The Risk Modeling Evaluation Handbook Rethinking Financial Risk Management Methodologies in the Global Capital Markets


  • Author : Greg N. Gregoriou
  • Publisher : McGraw Hill Professional
  • Release Date : 2010-02-12
  • Genre: Business & Economics
  • Pages : 528
  • ISBN 10 : 9780071663717

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The Risk Modeling Evaluation Handbook Rethinking Financial Risk Management Methodologies in the Global Capital Markets Book Description :

Addresses newly exposed weaknesses of financial risk models in the context of market stress scenarios This will be the definitive book for readers looking to improve their approach to modeling financial risk

Corporate Finance Book

Corporate Finance


  • Author : Pierre Vernimmen
  • Publisher : John Wiley & Sons
  • Release Date : 2014-10-09
  • Genre: Business & Economics
  • Pages : 1000
  • ISBN 10 : 9781118849293

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Corporate Finance Book Description :

Merging theory and practice into a comprehensive,highly-anticipated text Corporate Finance continues its legacy as one of the mostpopular financial textbooks, with well-established content from adiverse and highly respected author team. Unique in its features,this valuable text blends theory and practice with a direct,succinct style and commonsense presentation. Readers will beintroduced to concepts in a situational framework, followed by adetailed discussion of techniques and tools. This latest editionincludes new information on venture finance and debt structuring,and has been updated throughout with the most recent statisticaltables. The companion website provides statistics, graphs, charts,articles, computer models, and classroom tools, and the freemonthly newsletter keeps readers up to date on the latesthappenings in the field. The authors have generously madethemselves available for questions, promising an answer inseventy-two hours. Emphasizing how key concepts relate to real-world situations iswhat makes Corporate Finance a valuable reference with realrelevance to the professional and student alike. Readers will gaininsight into the methods and tools that shape the industry,allowing them to: Analyze investments with regard to hurdle rates, cash flows,side costs, and more Delve into the financing process and learn the tools andtechniques of valuation Understand cash dividends and buybacks, spinoffs, anddivestitures Explore the link between valuation and corporate finance As the global economy begins to recover, access to the mostcurrent information and statistics will be required. To remainrelevant in the evolving financial environment, practitioners willneed a deep understanding of the mechanisms at work. CorporateFinance provides the expert guidance and detailed explanationsfor those requiring a strong foundational knowledge, as well asmore advanced corporate finance professionals.