'Free cash flow argument' presentation slideshows

Module II: Private Equity Financing

644 views • 45 slides

Valuing Securities

Valuing Securities. Pricing in General. Investors value financial instruments based on discounting expected future cash flows Why? Financial markets provide an alternative to real investments Discounting the cash flows allows you to compare the alternatives Three types of securities: Bonds

434 views • 28 slides

Conglomerate discount

Conglomerate discount. Corporate Restructuring Tim Thompson. Arguments based on fundamentals. Conglomerates are good Williamson (1975), with superior inside information, diversified firms can allocate capital better than the market

144 views • 9 slides