Slide 1copyright anbirts1 Capital Structure The Big Debate Well can you or cant you? Slide 2 copyright anbirts2 Capital Structure What do we mean? Basically, can we maximise…
Slide 11 NPV Slide 2 2 There are three ways to apply the NPV principle Weighted Average Cost of Capital (WACC) Adjusted Present Value (APV) Flow to Equity (FTE) Slide 3 3…
Slide 1Multinational Business Finance David K. Eiteman, Arthur I. Stonehill and Michael H. Moffett "Multinational Business Finance" ed. 12. Linköping Universitet,…
Slide 1Chapter 11 Global Cost and Availability of Capital 1 Slide 2 How a firm headquartered in a country with an illiquid and segmented capital market achieves a lower global…
Slide 1Business valuation: Relative valuation methods – Issues and challenges Latha S Chari Slide 2 What we will cover? Basic valuation concepts Purpose of valuation Methods…
Slide 1Capital Structure & Cost of Capital Slide 2 Introduction Capital budgeting affects the firm’s well-being Discount rate is based on the risk of the cash flows…
Slide 1Aswath Damodaran1 Debt and Value: Beyond Miller- Modigliani Aswath Damodaran Stern School of Business Slide 2 Aswath Damodaran2 The fundamental question: Does the…
Slide 11 CHAPTER 9 The Cost of Capital Slide 2 2 Topics in Chapter Cost of capital components Debt Preferred stock Common equity WACC We ignore flotation cost in this course.…
Slide 1Aswath Damodaran1 Session 8: Weights and Cost of Capital Dynamics Slide 2 Aswath Damodaran2 Weights for Cost of Capital Calculation The weights used in the cost of…