CHAPTER5
Value and Returns
CHAPTER AT A GLANCE
• Value and Returns–Time Preference for Money, Valuation of Bonds and Shares, Risk and Returns;
• Capital Budgeting–Nature of Investment, Evaluation, Comparison of Methods; Risk and Uncertainly Analysis
• Dividend–Theories and Determination
• Mergers and Acquisition – Corporate Restructuring, Value Creation, Merger Negotiations, Leveraged Buyouts, Takeover
• Portfolio Management–CAPM, APT
• Derivatives–Options, Option Payoffs, Option Pricing, Forward Contracts and Future Contracts
• Working Capital Management–Determinants, Cash, Inventory, Receivables and Payables Management, Factoring
• International Financial Management, Foreign exchange market
Time Preference for Money
It is ...
