Income Securities Dr H. K. Pradhan Objectives: This course is intended to analyze the fixed income securities markets and its implications for investments. It will analyze the market characteristics‚ instruments‚ selling techniques‚ pricing and valuation issues‚ floating rate instruments‚ risk and return of fixed income securities‚ portfolio management techniques‚ term structure modeling‚ corporate debt and convertibles‚ bonds with embedded options‚ sub-national debt analysis‚ credit risk analysis
Premium Bond
Management is about how these Investment and Financing decisions should be made. This course explores the first part of Financial Management and introduces the framework‚ tools and techniques for making Investment decisions. Specifically‚ we will cover Valuation‚ Capital Budgeting‚ Modern Portfolio Theory and Equilibrium Risk-Return Relationship. GRADING: |Quizzes (3) |15% | |Midterm |30% | |Final
Premium Investment Corporate finance Finance
When attempting to determine the valuation of LinkedIn it helps to understand some of the issues involved. The most accurate way to value a stock’s price is using discounted cash flows. The problem with this approach is that it is nearly impossible to predict with any accuracy what the long-term cash flows are for a given company; especially a company that is young or that might be using an innovative and new business model. Additionally‚ knowing what long-term cash flows look like requires knowledge
Premium Net present value Cash flow Discounted cash flow
APV and option valuation Valuing MW Acquisition by using APV method assumes in practice that exploiting of all MW’s reserves is certain and happens right after the acquisition. In other words‚ the APV method excludes the flexibility in future decision making. In this case‚ Apache has both an option to defer the exploiting of reserves into future and Apache may also choose not to exploit the MW reserves at all. As some of MW’s reserves are actually real options‚ the APV valuation method actually
Premium Discounted cash flow Option Net present value
Market Information Lab CIQ202 PREREQUISITES • Capital IQ 101 – Tearsheets – Screening – Formula Builder – Excel Plug-in January 31‚ 2012 © Margolis Market Information Lab CIQ202 AGENDA • Mergers and Acquisitions • • • Valuation Capital IQ Screening Applications of Capital IQ Screening January 31‚ 2012 © Margolis Market Information Lab CIQ202 MERGERS AND ACQUISITIONS • Mergers and acquisitions significantly influence financial markets – Deals can range from
Premium P/E ratio Financial markets Fundamental analysis
MW Petroleum Corporation (A) 1. Structure and execute a DCF valuation of all the MW reserves using APV. How much are the reserves worth? Is your estimate more likely to be biased high or low? What are the sources of bias? Answer: The DCF valuation of all the MW reserves using APV indicates that the net worth of the portfolio is around $516.30 million. The estimate is more likely to be biased on the higher side. REVENUES: The data for the projections was collected by Morgan
Premium Option Natural gas Investment
Valuations Unlimited inc. Business Assessment ABC Ltd. Prepared for the Exclusive Use of: John & Sally Smith Date: March 5‚ 2009 Valuations Unlimited inc. TABLE OF CONTENTS Opinion of Value............................................................................. Restrictions‚ Assumptions & Limiting Conditions................................. BUSINESS SUMMARY...................................................................... Business Overview History of Company.......
Premium Balance sheet Asset
about the private company’s balance sheet. A) Describe the various constraints of the valuation faced by NewGrade: NewGrade Energy’s current owners Crown Investment Corporation’s (CIC)‚ Chief Financial Officer (CFO) Blair Swystun‚ is evaluating the sale of 50% of the company’s interest. Before determining the sale of the company‚ the CFO will
Premium Discounted cash flow Cash flow Weighted average cost of capital
during the course of the business. Their plan seems ad hoc and in disarray‚ but the market shows great potential‚ the company could very well be a stunning success despite the management. Current companies in the sector are receiving pre-money valuations between $2M and $5M‚ and you require a minimum 10X return on your investment. You are in the early stages of your fund and could wait for a liquidation event to occur in Year 5‚ however‚ seek any additional concessions as applicable. Fact
Premium Venture capital Investment Finance
is interested in the value of Casselden Place. He has specified that two valuation methods be used to find out which has the more accurate valuation. Casselden Place is located in Melbourne’s CBD on the corner of Lonsdale Street and Spring Street. There are 40 levels above ground as well as another three below ground. Valuation Details Here insert specific details of the client‚ the purpose of the report‚ date of valuation‚ date of inspection‚ interest held‚ interest being valued and registered
Premium Real estate Discounted cash flow Real estate appraisal