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EQUITY ASSET VALUATION
A part of the CFA Institute Investment Series , Equity Asset Valuation has been designed for a wide range of individuals, from college students studying finance to practic Ing Investment professionals. This straightforward guide outlines the essential methods used to evaluate modern equity investments-including those traded outside North America.
With Equity Asset Valuation, the distinguished team of John Stowe. Thomas Robinson, Jerald Pinto, and Dennis McLeavey fully update information associ ated with this important discipline. Blending theory with practice, they detall the contemporary tech- niques used to determine the intrinsic value of an equity security, and show you how to successfully apply these techniques in both foreign and domes- tic markets.
Unlike alternative works in this field. Equity Asset Valuation clearly integrates finance and accounting concepts into the discussion-providing the even- ness of subject matter treatment, consistency of notation, and continuity of topic coverage that is so critical to the learning process. And to further enhance your understanding of the information pre- sented within these pages, numerous questions and problems whose solutions can be found on a com- panion Web site are posed throughout the text.
Valuable for classroom study, self-study, and gen- eral reference, this book contains clear, example- driven coverage of many of today's most important valuation issues, including:
• The equity valuation process
• Discounted dividend valuation
• Free cash flow valuation
• Market-based valuation-including price
multiples
Residual income valuation
With each author bringing his own unique experiences and perspectives to the equity analysis pro- cess, this book distills the knowledge, skills, and abilities you need to succeed in today's fast-paced financial environment. Filled with in-depth insights and practical advice, Equity Asset Valuation does not simply examine a collection of valuation models for you to use, but it challenges you to determine which models are most appropriate for specific companies and situations.
10000969 | 332.6 STO e | RLC MM (Rak Buku Umum) | Available |
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