Introduction to the Theory and Practice of Valuation and Distribution of Surplus
Author : W. J. Cooksey
Publisher :
Page : 0 pages
File Size : 50,83 MB
Release : 1946
Category : Life insurance
ISBN :
Author : W. J. Cooksey
Publisher :
Page : 0 pages
File Size : 50,83 MB
Release : 1946
Category : Life insurance
ISBN :
Author : Institute of Actuaries (Great Britain). Students' Society
Publisher :
Page : 63 pages
File Size : 50,21 MB
Release : 1916
Category : Life insurance
ISBN :
Author : Institute of Actuaries (Great Britain)
Publisher :
Page : pages
File Size : 32,46 MB
Release : 1916
Category :
ISBN :
Author : Aswath Damodaran
Publisher : Now Publishers Inc
Page : 102 pages
File Size : 20,54 MB
Release : 2005
Category : Business & Economics
ISBN : 1601980140
Valuation lies at the heart of much of what we do in finance, whether it is the study of market efficiency and questions about corporate governance or the comparison of different investment decision rules in capital budgeting. In this paper, we consider the theory and evidence on valuation approaches. We begin by surveying the literature on discounted cash flow valuation models, ranging from the first mentions of the dividend discount model to value stocks to the use of excess return models in more recent years. In the second part of the paper, we examine relative valuation models and, in particular, the use of multiples and comparables in valuation and evaluate whether relative valuation models yield more or less precise estimates of value than discounted cash flow models. In the final part of the paper, we set the stage for further research in valuation by noting the estimation challenges we face as companies globalize and become exposed to risk in multiple countries.
Author : State University of Iowa
Publisher :
Page : 574 pages
File Size : 27,87 MB
Release : 1922
Category : Universities and colleges
ISBN :
Author : H. J. PEARCE (F.F.A.)
Publisher :
Page : pages
File Size : 25,98 MB
Release : 1900
Category :
ISBN :
Author : University of Iowa
Publisher :
Page : 542 pages
File Size : 18,86 MB
Release : 1921
Category :
ISBN :
Author : Institute Of Actuaries Students Society
Publisher : Forgotten Books
Page : 76 pages
File Size : 21,45 MB
Release : 2015-07-21
Category : Business & Economics
ISBN : 9781331931188
Excerpt from Valuation of Liabilites and Distribution of Surplus: Notes, Papers and Discussion Arranged by the Institute of Actuaries Students' Society It is also worth while to work out from these tables and the Board of Trade returns the effect on the reserves and surplus of different offices of (a) a large increase in new business and consequent increase in expenses; or, (b) a change in the rate Of interest earned; or (c) a change in the rates of premium charged; or (d) a loss on investments. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author : State University of Iowa
Publisher :
Page : 742 pages
File Size : 32,6 MB
Release : 1921
Category : Universities and colleges
ISBN :
Author : John Bates Clark
Publisher :
Page : 490 pages
File Size : 16,73 MB
Release : 1899
Category : Wages, prices and productivity
ISBN :