A clear and comprehensive guide to financial modeling and valuation with extensive case studies and practice exercises Corporate and Project Finance Modeling takes a clear, coherent approach to a complex and technical topic. Written by a globally-recognized financial and economic consultant, this book provides a thorough explanation of financial modeling and analysis while describing the practical application of newly-developed techniques. Theoretical discussion, case studies and step-by-step guides allow readers to master many difficult modeling problems and also explain how to build highly structured models from the ground up. The companion website includes downloadable examples, templates, and hundreds of exercises that allow readers to immediately apply the complex ideas discussed. Financial valuation is an in-depth process, involving both objective and subjective parameters. Precise modeling is critical, and thorough, accurate analysis is what bridges the gap from model to value. This book allows readers to gain a true mastery of the principles underlying financial modeling and valuation by helping them to: * Develop flexible and accurate valuation analysis incorporating cash flow waterfalls, depreciation and retirements, updates for new historic periods, and dynamic presentation of scenario and sensitivity analysis; * Build customized spreadsheet functions that solve circular logic arising in project and corporate valuation without cumbersome copy and paste macros; * Derive accurate measures of normalized cash flow and implied valuation multiples that account for asset life, changing growth, taxes, varying returns and cost of capital; * Incorporate stochastic analysis with alternative time series equations and Monte Carlo simulation without add-ins; * Understand valuation effects of debt sizing, sculpting, project funding, re-financing, holding periods and credit enhancements. Corporate and Project Finance Modeling provides comprehensive guidance and extensive explanation, making it essential reading for anyone in the field.

The most extensive, undisturbed tropical forests and wetlands on our planet are located in South and Central America. The persistence of intact ecosystems in South America, and to a lesser degree in Central America, is the result of the region's unique mixture of human cultures and of its inhabitants'continued reliance on wild plants and animals for subsistence and economic use. The worldview of the region's indigenous peoples, which does not separate humans and nature, has fused with the worldviews of African, European, and East Indian immigrants to produce a new conservation "philosophy." Biologists and resource managers in the region have developed research and conservation tools that are both scientifically rigorous and uniquely adapted to make use of the biological, economic, and spiritual links between humans and nonhuman nature.

People in Nature highlights South and Central American approaches to wildlife conservation and documents both the current state and the historical development of a Latin American conservation and management strategy. The book addresses the threats to biodiversity caused by ranching, habitat fragmentation, fishing, and hunting and critically assesses the potential benefits and risks of continued human use of wildlife. By making available in English research results originally presented in Spanish or Portuguese at the first five International Conferences on Wildlife Management and Conservation in Latin America and the Amazon, this book also reverses the traditional flow of information and innovation in conservation practices from North to South and Central America, providing North American and European researchers and conservationists with managementsolutions potentially applicable in their own regions.