Ch09 Bonds & valuation.ppt
Chapter 12: Portfolio Selection and Diversification Copyright © Prentice Hall Inc. 1999. Author: Nick Bagley Objective To understand the theory of personal.
Chapter 05 Bonds & Valuation. 2 Value = + + + FCF 1 FCF 2 FCF ∞ (1 + WACC) 1 (1 + WACC) ∞ (1 + WACC) 2 Free cash flow (FCF) Market interest rates Firm’s.
Basic Bonds Analysis