Investment Valuation Tools and Techniques for Determining the Value of Any Asset Valuation is at the heart of every investment decision, whether that decision is to buy, sell, or hold. But the pricing of any financial asset has become a more complex task in modern financial markets. Now completely revised and fully updated to reflect changing market conditions, Investment Valuation, Second Edition, provides expert instruction on how to value virtually any type of asset-stocks, bonds, options, futures, real assets, and much more. Noted valuation authority and acclaimed NYU finance professor Aswath Damodaran uses real-world examples and the most current valuation tools, as he guides you through the theory and application of valuation models and highlights their strengths and weaknesses. Expanded coverage addresses: * Valuation of unconventional assets, financial service firms, start-ups, private companies, dot-coms, and many other traditionally valued assets * Risk in foreign countries and how best to deal with it * Using real option theory and option pricing models in valuing business and equity * The models used to value different types of assets and the elements of these models * How to choose the right model for any given asset valuation scenario * Online real-time valuations that are continually updated at www.damodaran.com A perfect guide for those who need to know more about the tricky business of valuation, Investment Valuation, Second Edition, will be a valuable asset for anyone learning about this critical part of the investment process.... and, 905 in natural resource company valuations, 793 young/start-up firms, 657 Volvo, 516, 615-616 Vomado REfT, 328 Voting rights, ... 127-128 Withdrawal penalties, pension funds, 438 Working capital: analytical tests, in relative valuation, 461 defined, 261 earnings per share, growth in, 285 FCFE model, 351- 352 financial service firms, 578 implications of, ... drivers, 654-655, 659 venture capital, 640-642 Zacks, 488 Zero coupon bond, 12, 178, 891 Zoning laws, 736 Z scores, 210.
|Publisher||:||John Wiley & Sons - 2002-01-31|