Fundamental Problems and Solutions in Finance (eBook)

Zhiqiang Zhang (Autor)

eBook Download: PDF

2023 | 2023
XXVII, 421 Seiten
Springer Nature Singapore (Verlag)
978-981-19-8269-9 (ISBN)

Infos

This book provides innovative solutions to fundamental problems in finance, such as the valuation of bond and equity, the pricing of debt, equity and total asset, the determination of optimal capital structure, etc., which are unsolved or poor-solved so far.The solutions in this book all have the following features:Based on essential assumptions in line with reality, the final solutions are analytical solutions with closed-form models, the forms and variables of the models are determined by strict and objective logic processes rather than chosen or presumed subjectively, such as the new growth model for stock valuation, the new CAPM accounting for total risk rather than only systematic risk, the real solution to optimal capital structure based on the trade-off between tax shield and bankruptcy cost. In addition, these basic solutions or models are adjusted easily to various application scenarios.

Produkt-Details

• Erscheint lt. Verlag: 29.5.2023
• Reihe/Serie: Contributions to Finance and Accounting
• Reihe/Serie: Contributions to Finance and Accounting
• Zusatzinfo: XXVII, 421 p. 44 illus., 15 illus. in color.
• Sprache: englisch
• Themenwelt: Recht / Steuern ► Wirtschaftsrecht
• Themenwelt: Sozialwissenschaften ► Politik / Verwaltung ► Staat / Verwaltung
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
• Schlagworte: binomial model • Black-Scholes Model • capital structure • Finance • Gordon Growth Model • MM Model I and II • Relationship of Risk and Return • Risk Premium
• ISBN-10: 981-19-8269-4 / 9811982694
• ISBN-13: 978-981-19-8269-9 / 9789811982699