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Zhang, Zhiqiang.

Finance – Fundamental Problems and Solutions [electronic resource] / by Zhiqiang Zhang. - IX, 108 p. 10 illus., 2 illus. in color. online resource. - SpringerBriefs in Business, 2191-5482 .

Finance and its Fundamental Problems -- Does a Positive Perpetual Growth Rate Exist? -- Valuation Based on Required Payback Period -- Certainty Equivalent, Risk Premium and Asset Pricing -- Tax Shield, Bankruptcy Cost and Optimal Capital Structure.

As indicated by the title, this book focuses on fundamental problems in finance: a logical dilemma in valuation, stock valuation methods/models, risk valuation, and optimal capital structure. It presents an innovative approach to logic and quantitative reasoning (without advanced mathematics) that delivers valuable results ---- convincing solutions to these problems. Readers in finance will definitely be interested in these solutions as well as the methods. In fact, these fundamental problems are essential in the field of finance, and they have remained unsolved (or partly unsolved) for decades. The solutions offered in this book are all sound in theory and feasible in practice, and will hopefully benefit both theoretic al research and practical decision-making.

9783642305122


Economics.
Economics/Management Science.
Finance/Investment/Banking.

HG1-9999 HG4501-6051 HG1501-HG3550

657.8333 658.152

Languages: 
English |