2000, Prentice Hall, Inc.. Security Valuation n In general, the intrinsic value of an asset = the present value of the stream of expected cash flows.
Chapter 8 - Stock Valuation. Security Valuation In general, the intrinsic value of an asset = the present value of the stream of expected cash flows.
Ch. 8: Stock Valuation
1 Long-term financing 長期融資 Source of corporate long-term financing: long-term debts preferred stocks common stocks.
Slide 1 Stock Valuation Preferred Stock Features Valuation Expected return on a preferred stock Common Stock Characteristics Valuation – single and multiple.
