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MBA/FIN 500 - Corporate Finnace

Lec 4. CH 11. Return and Risk 1. Individual Securities- Expected return: The return that an individual expects a stock to earn over the next period. Only and expectation. An individual's expectation may simply be the average return per period a security has earned in the past. - Variance and standard deviation: The volatility of a security's return. - Covariance and correlation: Returns on individual securities are relate to.. 더보기
Lec 1. Discounted Cash Flow Valuation • Present Value: If the payments are in the future, they are discounted to reflect the time value of money.• Future Value: The value of an asset at a specific date. • The One-Period Case If you were to invest $10,000 at 5 percent interest for one year, your investment would grow to $10,500. => interest = $500 ($10,000 * .05), principal = $10,000, total due = $10,500 => FV(Future Value) = $10,500.. 더보기

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