Advanced Corporate Finance I SS 2012 Problem Set 1 Valuing Cash Flows Problem Set 1 Valuing Cash Flows Exercise 1 (Ex. 11.2 - 11.6 GT): Assume that Marriott’s restaurant division has the following joint distribution with the market return: Market Scenario Bad Good Great .25 .50 .25 Probability Market Return (%) -15 5 25 YR 1. Cash Flow Forecast $40 million $50 million $60 million Assume also that the CAPM holds. 11.2 Compute the expected year 1 restaurant cash flow for Marriott. 11.3 Find
“Case: Tianjin Plastics” Vrije Universiteit Amsterdam Course Advanced Corporate Finance Students Fatin Azear Jos Kusters Maaike van der Steen Case: Tianjin Plastics This assignment considers the case of Tianjin Plastics. Pat Johnson, project finance analyst for Maple Energy (U.S.-based international power plant developer), has to make a recommendation regarding the financial viability of the Tianjin Plastics power plant project in China. The recommendation would require a final evaluation of
Case Study #28: Jet Blue Airways IPO Valuation. Brendan Sookraj Webster University FINC 5880 Summer 2013 June 27, 2013 Author Note Certificate of Authorship: This paper was prepared by me for this specific course and is not a result of plagiarism or self-plagiarism. I have cited all sources from which I used data, ideas, or words either quoted or paraphrased. Date : __________________________
applying to PhD in finance because I want to continue my life and work as a researcher and lecturer in this field at an accredited university. I am extremely interested in issues related to corporate finance and like to conduct research, especially in the domain of financing, entrepreneurial financing, capital structure, valuation, merger and acquisition, investment banking, and real estate finance. Therefore, I need to acquire extensive knowledge in the fields of economics, finance, accounting, statistics
Investment banking was my preferred career goal ever since I entered the university. I enjoy reading the financial news on foreign websites. This summer, when I studied Finance as an exchange student at the Imperial College Business School, I was totally obsessed by the dancing figures and logical charts that we used in the International Finance and Derivative Markets classes. During that time, the crash of Chinese Stock Market provoked heated discussions in my class among students and professors from different
Tarik Driouchi - tarik.driouchi@kcl.ac.uk Senior Lecturer- Financial & Mgt. studies Office Hours [WBW4.15]: Thursdays 4-6pm A few words on the AAFM MSc… Themes: Accounting Theory, Financial Accounting, Valuation, Corporate Governance, Financial Management & Markets, Behavioural Finance Structure: Taught modules (term 1 & 2) + Dissertation (term 3) KCL Keats, KCL e-resources and Q&As 2 Learning Objectives • Main objectives – To develop robust foundations in financial management theory and
Contents : Introduction on Capital Structure Summary and Evaluation of Articles Conclusion References/Bibliography Introduction On Capital Structure :- In the field of finance capital structure means a way an organization or firms finances their assets by the way of some mix and match of Equity, Debt or Hybrid Securities. The modern thinking on capital structure is based on the Modigliani-Miller theorem given by Franco Modigliani and Merton Miller. The theorem suggests that in a perfect
Sharī`ah-compliant equities may also appeal to the global socially responsible investing (SRI) community, as well as environmental, social and corporate governance (ESG) investors, in view of similarities in their underlying values and principles; therefore, the market demand for these stocks is potentially
I am a junior at Missouri State and majoring in Finance. Finance is the field that deals with investing money and studying cash flow data. Finance majors generally end up working for a company studying the amount of risk involved in a project and calculating the return that can will be gained from taking on the risk associated with each project. People who work in this field are considered to be part of corporate finance. There is also the opportunity to become a consultant and help outside persons
However, recent research has focused on finding the best determinants of capital for firms (Titman and Wessel 1988; Frank and Goyal 2004) The following have been advanced as attributes that different theories of capital structure suggest may affect the firm's debt-equity choice; tangibility, non-debt tax shield, growth, profitability, uniqueness of firm, industry, size, and volatility of revenue. Titman and Wessels