Investment Valuation: Tools and Techniques for Determining the Value of Any Asset

A celebrated university finance professor discusses the valuation of all investments not just securities. This up-to-the-minute text uses examples from a diversity of existing companies to demonstrate the use of the models as well as their possible pitfalls. Thoroughly examines firms where direct application of typical models traditionally breakdown--problems in valuing these enterprises are laid out and potential solutions suggested. Special sections deal with valuation issues that have no...