Finance for development - principles Paper 8314 The structure of property finance | Project Finance | Corporate Finance | | Equity | Debt | Equity | Debt | Development finance | Forward funding Joint venture Partnership Lease and leaseback | Bank project finance Forward sale bridging finance Mezzanine finance | Developer’s funds Share issue | Multi-option funding Convertible loans Commercial paper Deep discount bond (DDB) | Investment finance | Forward sale Forward funding
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COURSE IMPLEMENTATION PLAN DA NANG (Under Decision No: 203/QĐ ĐHFPT . Date: 09/04/2012 ) Course name: Corporate Finance Course code: FIN202 Level: Implementation period: from 25/06/2012 14/07/2012 Group leader /lecturer: Phạm Tô Hoài E-mail: Hoaipt@fsb.edu.vn 1) Main objectives and goals of the course Upon completion of this course‚ students should: 1.Understand the key issues of financial management in company 2.Gain an understanding of financial markets and
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BUFN 755 Entrepreneurial Finance and Private Equity Case Questions Assignment 3: Metapath Software: September 1997 Questions: 1. Analyze Metapath’s capital structure‚ in particular the various forms and prices of preferred stock from the multiple previous rounds of financing. How has this capital structure affected the offer from Robertson‚ Stephens? How would RSC’s participating preferred interact with the other tranches of preferred stock? 2. How do you analyze the RSC offer? In particular‚
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the capital budgeting cycle is working out if the benefits of investing large capital sums outweigh the costs of these investments. The range of methods that business organisations use can be categorised in one of two ways: traditional and discounted cash flow techniques.
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minimum amount of return on a project the company is willing to accept before starting a project. It is used in project evaluation to evaluate the amount of return on the project. A common method for evaluating the hurdle rate is apply the discounted cash flow method to the project‚ like net present value. 2. How does Teletech Corporation currently use the hurdle rate? They used it based on the firm’s rating‚ beta‚ cost of capital‚ and they calculated WACC of 9.3% for the whole corporation
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stockholder. From June 1999 through November 1999‚ Seagate ’s stock price increased by 25%‚ while VERITAS ’ stock price increased by over 200%. This resulted in occurrences of Seagate ’s stake in VERITAS exceeding the entire market value of Seagate ’s equity‚ essentially assigning a negative value to Seagate ’s large and market-leading disk drive business. Determine a buy-out price for the disk drive division of Seagate The discounted cash flow model provides a way to take into account a company ’s future
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and upper bounds in the period of 1989 – 2008 plus given the fact that the financial crisis hit in 2008‚ the height of alpha = 7‚5 could be considered as a concern. Furthermore‚ Largeco calculates their returns on the VC portfolio by adding the cash-flows and the reported company values from their funds. In the 10 years that Largeco operated (2006 – 2016)‚ companies
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current or historic capital structure • T always means the incremental tax-rate • Debt includes long-term debt‚ financing leases‚ short-term debt‚ operating leases used as permanent financing‚ off-balance financing transactions • If cash flows are real‚ first compute nominal WACC‚ then subtract inflation to get the real WACC (or better use transformation formula) • Use firm or divisional capital structure not project 1.8 Divisional WACC 1. Determine capital structure of division
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Executive summary Vodafone AirTouch‚ one of the world’s leading international mobile telecommunications companies‚ was considering launching a formal hostile bid for Mannesmann‚ a German telecommunications company which is also among the largest telecommunications companies in Europe. If this come true‚ it will become the largest hostile takeover in the world. But now we are facing one of the biggest problems during this process---valuation of Mannesmann. After our discussion‚ we decide to use
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advocacy at the FCC‚ which encouraged the sale of at least some stations to minorities‚ and since only Radio One had the experience and the capital among the potential buyers it had a strong position. 2‚ What price should Radio One offer based on a discounted cash flow analysis? Are the cash flow projections reasonable? We decided to use the WACC method for the valuation of the new project‚ as * The new project was very similar to Radio One’s current operations * The project is not an LBO
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