04003nam a22004335i 4500001001800000003000900018005001700027007001500044008004100059020003700100024003500137050001600172072001700188072002300205072001600228100008200244245018900326250001800515264007900533300006500612336002600677337002600703338003600729347002400765505045600789520196001245650004203205650003403247650003003281650003403311710003403345773002603379776003603405776003603441856004603477912001403523912001503537999001703552978-3-031-60530-7DE-He21320251030112849.0cr nn 008mamaa240812s2024 sz | s |||| 0|eng d a97830316053079978-3-031-60530-77 a10.1007/978-3-031-60530-72doi 4aHG4001-4285 7aKFFH2bicssc 7aBUS0170002bisacsh 7aKFFH2thema1 aMoyo, Vusani.eauthor.4aut4http://id.loc.gov/vocabulary/relators/aut98223110aFirm, Equity Asset, and Fixed Income Securities Valuationh[electronic resource] :bPractical Examples and Case Studies for Accounting and Financial Analyst Students /cby Vusani Moyo. a1st ed. 2024. 1aCham :bSpringer Nature Switzerland :bImprint: Palgrave Macmillan,c2024. aXXV, 484 p. 73 illus., 60 illus. in color.bonline resource. atextbtxt2rdacontent acomputerbc2rdamedia aonline resourcebcr2rdacarrier atext filebPDF2rda0 aChapter 1: Introduction -- Chapter 2: The Basics Of Time Value Of Money -- Chapter 3: Valuation Of Cash Flows, Annuities And Perpetuities -- Chapter 4: Sources And Cost Of Long-Term Capital -- Chapter 5: Valuation Of Fixed Income Securities -- Chapter 6: Valuation Of Equities -- Chapter 7: Firm And Equity Valuation Using Free Cash Flow Models -- Chapter 8: Valuation Using The Residual Income Valuation Model -- Chapter 9: Valuation Using Multiples. aThis textbook begins by introducing the concept of the time value of money and explaining how it is applied in valuation. It then uses practical and easy-to-understand examples to illustrate the application of the time value of money concept in valuing cash flows, annuities, and perpetuities. This is followed by an in-depth discussion of the firm's financing sources and the determination of its cost of capital. The remainder of the textbook discusses the valuation of fixed-income securities, equity assets, and the firm, featuring specific examples and case studies from South Africa, Europe, and the Americas. Equity asset and firm valuation approaches discussed include variants of single and multiple-stage growth dividend discount models, free cash flows, residual income, and multiple valuation approaches. The practical examples and case studies equip students with the tools they need to apply these valuation approaches. Aimed at upper undergraduate and postgraduate accounting and finance students, this textbook discusses in which context each valuation approach is most appropriate. Electronic supplementary materials are available online by chapter. Vusani Moyo is an Associate Professor at the University of Venda, South Africa. He holds a PhD in Financial Management Sciences from the University of Pretoria, an MSc in Finance from the University of Leicester School of Management, an MBA in Finance from the University of Manchester Business School, and a BA (Hons) in Accounting and Finance (First Class) from the University of Derby. Vusani is also a Chartered Certified Accountant, a Chartered Management Accountant, and an ICAEW-Chartered Accountant. His current research interests include the capital structure of African financial and non-financial firms, cash flow sensitivity of cash, green banking, green finance, investment cash flow sensitivity of cash, cost of capital, dividend policy, and firm and equity asset valuation. 0aBusiness enterprisesxFinance.958021 0aInternational finance.95783414aCorporate Finance.95727824aInternational Finance.9578342 aSpringerLink (Online service)0 tSpringer Nature eBook08iPrinted edition:z978303160529108iPrinted edition:z978303160531440uhttps://doi.org/10.1007/978-3-031-60530-7 aZDB-2-ECF aZDB-2-SXEF c62405d62405