Download or read book Discounted Cash Flow Analysis Stochastic Extensions written by Arnold Reisman and published by . This book was released on 1973 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Stochastic Discounted Cash Flow written by Lutz Kruschwitz and published by Springer Nature. This book was released on 2020-02-28 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book discusses firm valuation, which is of interest to economists, particularly those working in finance. Firm valuation comes down to the calculation of the discounted cash flow, often only referred to by its abbreviation, DCF. There are, however, different coexistent versions, which seem to compete against each other, such as entity approaches and equity approaches. Acronyms are often used, such as APV (adjusted present value) or WACC (weighted average cost of capital), two concepts classified as entity approaches. This book explains why there are several procedures and whether they lead to the same result. It also examines the economic differences between the methods and indicates the various purposes they serve. Further it describes the limits of the procedures and the situations they are best applied to. The problems this book addresses are relevant to theoreticians and practitioners alike.
Download or read book Stochastic Discounted Cash Flow written by Lutz Kruschwitz and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Stochastic dominance discounted cash flow analysis written by Vijay S. Bawa and published by . This book was released on 1976 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Modelling for Financial Decisions written by Jaap Spronk and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is mainly focused on the development of tools for decision-makers in finance, ranging from treasurers of firms to professional investors and bank managers. It presents a broad variety of applications using techniques and methodologies from various fields such as econometrics, operations research and financial mathematics. The tools for decision-making have been modified towards financial decision support systems. The role of the decision-maker has become dominant, both in the development and in the use of the decision support systems. The developments in both the computer hardware and software for computers simplify the design of individualized decision support systems. Financial modelling functions as a liason between theoretical financial expertise and practice.
Download or read book Cost Analysis for Capital Investment Decisions written by Hans Lang and published by CRC Press. This book was released on 1989-05-04 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting a complete step-by-step guide for analyzing capital investment opportunities, this important book helps technical managers discriminate among investments and implement projects in the most cost-effective way. Designed for the professional manager with little formal training in economic analysis, Cost Analysis for Capital Investment Decisions analyzes and criticizes discounted cash flow methodology ... develops equations for both discrete and continuous cash flow streams ... examines "irreducibles" that cannot be converted to monetary terms and shows how to combine monetary and nonmonetary attributes ... discusses the impact of inflation on profitability indices ... includes more than 100 line diagrams and over 100 worked problems portraying cash flow patterns and displaying how cost studies are done ... and more. Comprehensive and easy to read, this excellent reference is highly recommended for cost, mechanical, chemical, industrial, electrical and electronics, project, design, and construction engineers/managers; project accountants; budget managers, schedulers, estimators, and planners; and advanced undergraduate and graduate students in the above disciplines. Book jacket.
Download or read book Discounted Stochastic Cash Flow Analysis written by Thomas Leon Ward and published by . This book was released on 1975 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Naval Research Logistics Quarterly written by and published by . This book was released on 1981 with total page 736 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Revenue Management and Survival Analysis in the Automobile Industry written by André Jerenz and published by Springer Science & Business Media. This book was released on 2008-08-01 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: André Jerenz develops a price-based revenue management framework to support retailers in establishing better and more profitable pricing strategies, including assigning an initial asking price and the adjustment of price over time.
Download or read book Infrastructure Investment written by David G. Carmichael and published by CRC Press. This book was released on 2014-10-29 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Established Deterministic Investment Appraisal versus Uncertainty in InvestmentWhen it comes to investing in an infrastructure project, the conventional approach is to evaluate risk through a deterministic approach. Infrastructure Investment: An Engineering Perspective, however, takes on uncertainty in investment. Of interest to engineering consult
Download or read book Stochastic Variations of Commonly Used Discounted Cash Flow Formulae written by Arnold Reisman and published by . This book was released on 1970 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: Standard texts in Engineering Economy, Capital Allocation Theory, Finance, Managerial Economics and/or Economic Analysis develop and list equations for various cases of discounted cash flow analysis. In these tests the independent variables and/or parameters are assumed to be known deterministically. In practice, however, it is often difficult to establish values for these variables with certainty. Yet, it is often possible to establish for such values the distributions and its parameters. This paper lists the stochastic formulations for each of the commonly used equations for various combinations and permutations of distributions. (Author).
Download or read book Discounted Cash Flow written by Lutz Kruschwitz and published by John Wiley & Sons. This book was released on 2006-02-03 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Firm valuation is currently a very exciting topic. It is interesting for those economists engaged in either practice or theory, particularly for those in finance. The literature on firm valuation recommends logical, quantitative methods, which deal with establishing today's value of future free cash flows. In this respect firm valuation is identical with the calculation of the discounted cash flow, DCF. There are, however, different coexistent versions, which seem to compete against each other. Entity approach and equity approach are thus differentiated. Acronyms are often used, such as APV (adjusted present value) or WACC (weighted average cost of capital), whereby these two concepts are classified under entity approach. Why are there several procedures and not just one? Do they all lead to the same result? If not, where do the economic differences lie? If so, for what purpose are different methods needed? And further: do the known procedures suffice? Or are there situations where none of the concepts developed up to now delivers the correct value of the firm? If so, how is the appropriate valuation formula to be found? These questions are not just interesting for theoreticians; even the practitioner who is confronted with the task of marketing his or her results has to deal with it. The authors systematically clarify the way in which these different variations of the DCF concept are related throughout the book ENDORSEMENTS FOR LÖFFLER: DISCOUNTED 0-470-87044-3 "Compared with the huge number of books on pragmatic approaches to discounted cash flow valuation, there are remarkably few that lay out the theoretical underpinnings of this technique. Kruschwitz and Löffler bring together the theory in this area in a consistent and rigorous way that should be useful for all serious students of the topic." --Ian Cooper, London Business School "This treatise on the market valuation of corporate cash flows offers the first reconciliation of conventional cost-of-capital valuation models from the corporate finance literature with state-pricing (or 'risk-neutral' pricing) models subsequently developed on the basis of multi-period no-arbitrage theories. Using an entertaining style, Kruschwitz and Löffler develop a precise and theoretically consistent definition of 'cost of capital', and provoke readers to drop vague or contradictory alternatives." --Darrell Duffie, Stanford University "Handling firm and personal income taxes properly in valuation involves complex considerations. This book offers a new, precise, clear and concise theoretical path that is pleasant to read. Now it is the practitioners task to translate this approach into real-world applications!" --Wolfgang Wagner, PricewaterhouseCoopers "It is an interesting book, which has some new results and it fills a gap in the literature between the usual undergraduate material and the very abstract PhD material in such books as that of Duffie (Dynamic Asset Pricing Theory). The style is very engaging, which is rare in books pitched at this level." --Martin Lally, University of Wellington
Download or read book AACE Bulletin written by American Association of Cost Engineers and published by . This book was released on 1974 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Introduction to Short Term Forecasting Using the Box Jenkins Methodology written by Vincent A. Mabert and published by . This book was released on 1975 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Risk and Uncertainty written by Gerald A. Fleischer and published by . This book was released on 1975 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book AIIE Transactions written by American Institute of Industrial Engineers and published by . This book was released on 1977 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Spring Annual Conference Proceedings written by American Institute of Industrial Engineers and published by . This book was released on 1977 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt:
