Damodaran on Valuation: Security Analysis for Investment and Corporate Finance
An applications-oriented, extensive and up-to-date exploration of the theory and practice of valuation. Uses actual examples from existing firms to explain the value and limitations of models in order to illustrate key techniques. Features a thorough study of a wide range of firms in which direct application of typical models often breaks down--problems in valuing these companies are pinpointed and potential solutions suggested. Special sections deal with subtler valuation issues including the value of synergy in controlling mergers and the value of product options that firms may possess.--This text refers to an out of print or unavailable edition of this title.