a2141096c8b196912607ef54ff15628b.ppt
- Количество слайдов: 48
Basic Valuation
Basic Valuation
Key Terms
Key Terms
The Basic Bond Valuation Model
Bond Value
Genesco 15%, 15 year, $1, 000 bonds valued at 15% required rate of return
Genesco 15%, 15 year, $1, 000 bonds valued at 15% required rate of return
Genesco 15%, 15 year, $1, 000 bonds valued at 15% required rate of return
Changes in Bond Values Over Time
Changes in Bond Values Over Time
Changes in Bond Values Over Time
Changes in Bond Values Over Time
Changes in Bond Values Over Time
Finding the Interest Rate on a Bond: Yield to Maturity
Bond Values with Semiannual Compounding
Interest Rate Risk on a Bond
Value of Long and Short-Term 15% Annual Coupon Rate Bonds
Value of Long and Short-Term 15% Annual Coupon Rate Bonds
Bond Prices in Recent Years
Valuation of Financial Assets Equity (Stock)
Stock Valuation Models
Stock Valuation Models
Stock Valuation Models
Stock Valuation Models
Stock Valuation Models
Stock Valuation Models
Stock Valuation Models
Stock Valuation Models
Stock Valuation Models
Stock Valuation Models
Expected Dividends as the Basis for Stock Values
Expected Dividends as the Basis for Stock Values
Stock Values with Zero Growth
Normal, or Constant, Growth
Normal, or Constant, Growth (Gordon Model) Model
Expected Rate of Return on a Constant Growth Stock
Valuing Stocks with Nonconstant Growth
Valuing Stocks with Nonconstant Growth
Stock Market Equilibrium
Changes in Stock Prices
The Efficient Markets Hypothesis
Valuation of Real (Tangible) Assets
Valuation of Real (Tangible) Assets
Cash Flow Time Lines 14%
a2141096c8b196912607ef54ff15628b.ppt