Preface ....................................................... xix
Acknowledgments ............................................. xxvii
Chapter 1 Overview of Valuation ................................ 1
PART I Project Analysis Using Discounted Cash Flow (DCF) ..... 19
Chapter 2 Forecasting and Valuing Cash Flows 20 chapter 3
Project Risk Analysis ............................... 53
PART II Cost of Capital ....................................... 97
Chapter 4 Estimating a Firm's Cost of Capital ................. 98
Chapter 5 Estimating Required Rates of Return for Projects ... 151
PART III Financial Statements and Valuation .................. 185
Chapter 6 Forecasting Financial Performance .................. 186
Chapter 7 Earnings Dilution, Incentive Compensation, and
Project Selection .................................. 222
PART IV Enterprise Valuation ................................. 257
Chapter 8 Relative Valuation Using Market Comparables ........ 258
Chapter 9 Enterprise Valuation ............................... 312
Chapter 10 Valuation in a Private Equity Setting .............. 354
PART V Futures, Options, and the Valuation of Real
Investments .......................................... 395
Chapter 11 Using Futures and Options to Value Real
Investments ........................................ 398
Chapter 12 Managerial Flexibility and Project Valuation:
Real Options ....................................... 436
Chapter 13 Strategic Options: Evaluating Strategic
Opportunities ...................................... 481
Epilogue ...................................................... 509
Index ......................................................... 511
|