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Chapter 11 Stock Valuation and Risk
Letian Shan – 201104652 Alec Smith – 201203494 Connor Rehill – 201104311 Bradley Snow – 201102274.
Leverage
Chapter3
Determining the optimal capital structure The tradeoff in using debt raises two related questions 1) is the higher expected rate of return associated with.
1 Today Capital structure M&M theorem Leverage, risk, and WACC Taxes and Financial distress, Reading Brealey and Myers, Chapter 17, 18.
Slides by: Pamela L. Hall, Western Washington University Francis & IbbotsonChapter 24: The Issuer's Earning Power1 Measuring Earning Power Chapter 24.
11 Stock Valuation And Risk. Chapter Objectives Explain the general steps necessary to value stocks and the commonly used valuation models Learn the.
Motivation: existing stock valuation models è Variants of the Gordon model: too many unrealistic assumptions (e.g., a constant and flat term structure,
16 Chapter Capital Structure and Leverage Slides Developed by: Terry Fegarty Seneca College.
A New Model for Stock Valuation
