MARC Record from Library of Congress

LEADER: 04255cam a22003618a 4500
001 2007020132
003 DLC
005 20080321094219.0
008 070517s2008 nju b 001 0 eng
010 $a 2007020132
020 $a9780470171158 (cloth : alk. paper)
040 $aDLC$cDLC$dDLC
043 $an-us---
050 00 $aHG4028.C4$bP72 2008
082 00 $a658.15/2$222
100 1 $aPratt, Shannon P.
245 10 $aCost of capital :$bapplications and examples /$cShannon P. Pratt, Roger J. Grabowski.
250 $a3rd ed.
260 $aHoboken, N.J. :$bJohn Wiley & Sons, Inc.,$cc2008.
263 $a0711
300 $ap. cm.
500 $a"Published simultaneously in Canada."
500 $aPrevious editions had subtitle: Estimation and applications.
504 $aIncludes bibliographical references and index.
505 0 $aCost of capital basics -- Defining cost of capital -- Introduction to cost of capital applications: valuation and project selection -- Net cash flow: the preferred measure of return -- Discounting versus capitalizing -- Relationship between risk and cost of capital -- Cost components of a company's capital structure -- Weighted average or overall cost of capital -- Appendix 7.1: Iterative process using CAPM to calculate the cost of equity component of the weighted average cost of capital: constant capital structure -- Appendix 7.2: Iterative process using CAPM to calculate the cost of equity component of the weighted average cost of capital: changing capital structure -- Estimating the cost of equity capital "as if publicly traded" -- Equity risk premium -- 8.1 Appendix -- Build-up models -- Capital asset pricing model (CAPM) -- Proper use of beta -- Criticisms of CAPM and beta versus other risk measures -- Size effect -- Criticisms of size effect -- 14.1 Appendix: D&P risk study -- Alternative models to the build-up and capm models -- FAMA-French, APT, market derived capital pricing model, yield-spread model -- DCF method -- Global cost of capital models -- Using Morningstar/Ibbotson Associates cost of capital data -- Corporate financial officers- using cost of capital data -- Capital budgeting and feasibility studies -- Cost of capital for divisions/reporting units -- Cost of capital in valuing acquisition/merger -- Cost of capital in transfer pricing -- Cost of capital in economic value added financial management system -- Cost of capital for closely-held entities -- Handling the discount for lack of marketability for operating businesses -- The private company discount -- Pass-through entities: partnerships lLCs and S Corps -- 27.1 Appendix -- Private investment companies -- Venture capital investments -- Other topics -- Minority versus control implications of the cost of capital data -- How cost of capital relates to excess earnings method -- Adjusting the discount rate to alternative economic income measures -- Equivalence with alternative cash flow methods for valuing companies -- Common errors in estimation and use of cost of capital -- Cost of capital in the courts -- Real estate and ad Valorem -- Cost of capital for real estate investments -- 36.1 Appendix: valuing real property -- REITs -- 37.1 Appendix: Cost of capital in Ad Valorem taxation -- Advice to practitioners -- Dealing with cost of capital issues: advice from the authors -- Cross examining experts on cost of capital -- Appendices -- Appendix A: bibliography -- Appendix B: data sources -- Appendix C: international glossary of business valuation terms -- Appendix D: Roger Grabowski's cost of capital section in Kohler report -- Appendix E: developing cost of capital (capitalization rates and discount rates) using valusource valuation software -- Index.
650 0 $aCapital investments.
650 0 $aBusiness enterprises$xValuation.
650 0 $aCapital investments$xUnited States.
650 0 $aBusiness enterprises$xValuation$zUnited States.
700 1 $aGrabowski, Roger J.
856 41 $3Table of contents only$uhttp://www.loc.gov/catdir/toc/ecip0718/2007020132.html
856 42 $3Contributor biographical information$uhttp://www.loc.gov/catdir/enhancements/fy0827/2007020132-b.html
856 42 $3Publisher description$uhttp://www.loc.gov/catdir/enhancements/fy0827/2007020132-d.html