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020 _a9783031605307
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024 7 _a10.1007/978-3-031-60530-7
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072 7 _aBUS017000
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100 1 _aMoyo, Vusani.
_eauthor.
_4aut
_4http://id.loc.gov/vocabulary/relators/aut
_982231
245 1 0 _aFirm, Equity Asset, and Fixed Income Securities Valuation
_h[electronic resource] :
_bPractical Examples and Case Studies for Accounting and Financial Analyst Students /
_cby Vusani Moyo.
250 _a1st ed. 2024.
264 1 _aCham :
_bSpringer Nature Switzerland :
_bImprint: Palgrave Macmillan,
_c2024.
300 _aXXV, 484 p. 73 illus., 60 illus. in color.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
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347 _atext file
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505 0 _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.
520 _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.
650 0 _aBusiness enterprises
_xFinance.
_958021
650 0 _aInternational finance.
_957834
650 1 4 _aCorporate Finance.
_957278
650 2 4 _aInternational Finance.
_957834
710 2 _aSpringerLink (Online service)
773 0 _tSpringer Nature eBook
776 0 8 _iPrinted edition:
_z9783031605291
776 0 8 _iPrinted edition:
_z9783031605314
856 4 0 _uhttps://doi.org/10.1007/978-3-031-60530-7
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912 _aZDB-2-SXEF
999 _c62405
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