AFM273 Chapter 9: Chapter 9 - AFM 273.docx

+ div2 (1+ )2 + + divn (1+ ) n + pn (1+ )n: this is the dividend discount model. Dividend payout rate: assuming number of shares outstanding is constan

AFM273 Chapter Notes - Chapter 7: Tax Shield, Externality, Capital Budgeting

Forecasting earnings: capital budget lists the investments that a company plans to undertake, capital budgeting process used to alternate investments a

AFM273 Chapter Notes - Chapter 6: Payback Period, Net Present Value

Chapter 6: the difference b/w the cost of capital and irr is max. amount of estimation error in the cost of capital estimate that can exist without alt

AFM273 Lecture Notes - Lecture 1: Arbitrage, Net Present Value

Identify and quantify costs and benefits need help from other areas such as marketing, economics, organizational behaviour, strategy, and operations. T

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