Capital investment & financing :a practical guide to financial evaluation
- 作者: Agar, Christopher.
- 出版: Oxford ;Boston : Elsevier Butterworth-Heinemann 2005.
- 稽核項: 1 online resource (xx, 423 pages) :illustrations.
- 標題: Finance. , Capital investments. , Corporations Finance. , Electronic books. , Investments & SecuritiesGeneral. , Corporations , Kapitaalinvesteringen. , BUSINESS & ECONOMICS Investments & Securities -- General. , BUSINESS & ECONOMICS , Electronic book.
- ISBN: 0080476384 , 9780080476384
- ISBN: 0750665327 , 9780750665322
- 試查全文@TNUA:
- 附註: Includes bibliographical references (pages 409-412) and index. Cover -- Contents -- List of Equations, Examples and Exhibits -- Preface -- Chapter 1 Capital Investment -- Introduction -- Capital Expenditure on Tangible Assets -- Acquisitions -- An Overview -- Introduction -- The Acquisition Process -- Financial Due Diligence -- Financial Evaluation -- Corporate Valuation -- Introduction -- Discounted Cash Flow Valuation -- Valuing Real Options -- Valuation Using Multiples -- Acquisition Structuring & Evaluation -- Introduction -- Purchase Price -- Purchase Consideration -- Chapter 2 Capital Raising -- Introduction -- Debt -- Introduction -- Loans -- Corporate Bonds -- Equity -- Introduction -- Initial Public Offerings -- Rights Issues -- Warrants -- Chapter 3 Capital Management -- Introduction -- Long term Capital Management -- Debt -- Equity -- Short Term Capital Management -- Working Capital -- Short Term Instruments -- the Money Market -- Chapter 4 Financial Risk Management -- Introduction -- Interest Rate Risk -- Measuring Interest Rate Risk -- Managing Interest Rate Risk with Derivatives -- Currency Risk -- Nature of Currency Risk -- Managing Currency Risk with Derivatives -- Appendix A Financial Ratios -- Equity Ratios -- Debt Ratios -- Appendix B Pricing Techniques -- B1 Corporate DCF Valuation -- Discounting and Present Values -- The Cost of Capital (and CAPM) -- DCF Valuation Methods -- B2 Straight Bond Pricing -- Introduction to Interest Rates -- B3 Forward Pricing -- Forward Prices -- Forward Interest Rates -- Forward Interest Rates and FRAs -- Forward Rates and Spot Rates -- Forward Bond Prices -- B4 Basic Option Pricing -- Overview of Pricing Approach -- Binomial Model -- Probability Distributions -- Towards Black-Scholes -- Black-Scholes Model -- Convergence of Binomial and Black-Scholes Models -- Binomial Model Revisited -- Setting the Parameters -- Option Price Sensitivity -- Advanced Option Pricing -- further study -- B5 Option Pricing Applications -- Real Options -- Convertible Bonds -- Warrants -- Interest
- 電子資源: https://dbs.tnua.edu.tw/login?url=https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=130284
- 系統號: 005320178
- 資料類型: 電子書
- 讀者標籤: 需登入
- 引用網址: 複製連結
The requirement to maximise value for shareholders is at the core of any corporate investment or financing decision. The intrinsic value of proposed investments should be assessed before deciding how much capital to allocate; the benefits and risks associated with each available source of finance should be considered when capital is being raised; and capital, and any associated financial risks, should be managed in a way that continues to maximise value. At every stage, an analysis should be carried out to ensure the decision is optimal for shareholders and other capital providers.This book provides practical guidance on the application of financial evaluation techniques and methods (mainly covered in Appendices), as well as comprehensive coverage of traditional corporate finance topics, discussed in the context of capital investment, raising and management and financial risk management (using derivatives). Models, formulae and other quantitative techniques are illustrated in over 100 examples (using only basic mathematics). Topics discussed include the following:* business appraisal using financial ratios* corporate valuation (mainly discounted cash flow and real options)*investment appraisal techniques* acquisition structuring and evaluation* the nature of loans and loan agreements* features and pricing of bonds (straight and convertible)* leasing (including leveraged leasing)* equity raising (Initial Public Offerings)* long and short term capital management* basic pricing of derivatives (forwards, futures, options, swaps)* interest rate and currency risk management using derivativesCapital Investment & Financing provides a comprehensive, in-depth coverage of concepts, methods and techniques involved when evaluating acquisitions and other investments, assessing financing opportunities, and managing capital. The core chapters provide practical guidance on key corporate finance topics; the Appendices contain more quantitative material, focusing on pricing techniques. Examples are used throughout, and an integrated case study (fictional) in the final Appendix uses many of the techniques discussed.*Discusses all key areas of corporate investing and financing, focusing on key financial issues *Concise, thorough and technical, it enables to reader to acquire knowledge effectively *Can be used in everyday analysis and decision making
來源: Google Book
來源: Google Book
評分