Who explained the high-peak/fat-tails
Who explained the high-peak/fat-tails?
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In 1915 Mitchell, 1926 Oliver and 1927 Mills, explained the high-peak/fat-tails into empirical price data.
When computing the WACC, is the weighting of the shares done and the debt with book values of debt and shareholder’s equity or along with market values?
Which of these two ways is better: discounting the Free Cash Flow or discounting the Equity Cash Flow?
Jackson Company has 6 million shares of common stock selling at $55 each. It also has $120 million in long-term bonds with coupon 7%, selling at 90. The tax rate of Jackson is 33%. Next year its EBIT is expected to be $25 million with a standard deviation of $7 millio
Handy Inc has debt-to-assets ratio of 40%, tax rate of 35%, and total value of $100 million. W. C. Handy, the CFO, would like to increase the leverage ratio to 42%, and he believes that there will be no change in the bankruptcy cost of the company. How many dollars wo
Which parameter good measures value creation; the Economic Value Added (EVA), the CVA (Cash Value Added) or the economic profit?
What are Long-Term Debt and what are their main parts.
How can any industrial company inflate the value of its inventory so as to decrease net income and the taxes is has to pay in a year?
Is this possible to make money in the stock market while the quotations are going down? And what is credit sale?
Quetion: A private equity fund invests $100 million into a portfolio company and receives 100% of the preferred stock and 80% of the common stock of the company. The preferred stock carries a face value of $1
Universal Corporation has the following dividend policy: if the earnings after taxes are less than $1 million, the dividend payout ratio will be 35%, but if these earnings are over $1 million, the dividend payout ratio will be 45%. The EBIT of Universal for next year
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