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Valuation of the Liability Structure by Real Options (Hardcover) Loot Price: R3,765
Discovery Miles 37 650
Valuation of the Liability Structure by Real Options (Hardcover): Heller

Valuation of the Liability Structure by Real Options (Hardcover)

Heller

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Loot Price R3,765 Discovery Miles 37 650 | Repayment Terms: R353 pm x 12*

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The valuation of the liability structure can be determined by real options because the shares of a company can be regarded as similar to the purchase of a financial call option. Therefore, from this perspective, debt can be viewed as the sale of a financial put option. As a result, financial analysts are able to establish different valuations of a company, according to these two financing methods. Valuation of the Liability Structure by Real Options explains how the real options method works in conjunction with traditional methods. This innovative approach is particularly suited to the valuation of companies in industries where an underlying asset has high volatility (such as the mining or oil industries) or where research and development costs are high (for example, the pharmaceutical industry). Integration of the economic value of net debt (rather than the accounting value) and integration of the asset volatility are the main advantages of this approach.

General

Imprint: Iste
Country of origin: United Kingdom
Release date: July 2022
First published: 2022
Authors: Heller
Dimensions: 234 x 156 x 13mm (L x W x T)
Format: Hardcover
Pages: 208
ISBN-13: 978-1-78630-734-7
Categories: Books > Business & Economics > Finance & accounting > General
Books > Science & Mathematics > Mathematics > General
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LSN: 1-78630-734-0
Barcode: 9781786307347

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