Value Seeking Company's Measurement of Capital Cost

Author: Mitchell
Publisher:
Publish Date: 2004-10-01
Features: In the book "Value Seeking—Measuring the Cost of Capital," Mitchell Yehode analyzes new methods and models that determine the cost of capital. He thoroughly elaborates on various approaches to evaluating project investments, subsidiary investments, or corporate investments, providing practitioners with an analytical framework. The book first comprehensively discusses the cost of capital from the perspective of corporate value research, using this as a starting point to explore a series of related topics: discounted cash flow, issuance costs, long-term projects, international projects, and regulated companies where traditional cash flow analysis cannot be applied. Yehode explains how theory is applied to daily investment decision analysis. He also provides detailed methods for analyzing the cost of capital for diversified and international companies. Each chapter offers extensive references for interested readers. This book is suitable for financial managers, executives, planners, financial analysts, and researchers in the field of finance. In today's highly competitive business environment, incorrect calculations can lead to devastating consequences. Accurately assessing the cost of capital and thereby determining the potential value of an investment project is the key to successful operations. The book focuses on the cost of capital and systematically studies related topics. Applying the principles of this book will yield substantial returns: precise measurement of the cost of capital, effective capital budgeting, and strategic planning.