Author: | G. Oricchio | ISBN: | 9781137271785 |
Publisher: | Palgrave Macmillan UK | Publication: | October 17, 2012 |
Imprint: | Palgrave Macmillan | Language: | English |
Author: | G. Oricchio |
ISBN: | 9781137271785 |
Publisher: | Palgrave Macmillan UK |
Publication: | October 17, 2012 |
Imprint: | Palgrave Macmillan |
Language: | English |
The recent crisis in financial markets has seen a gradual erosion of risk-free asset classes. In equity markets the credit risk has reached a critical level in valuation. Here a new cost of equity method for private companies is presented based on the pricing of junior subordinated notes. Global business cases are illustrated to support this.
The recent crisis in financial markets has seen a gradual erosion of risk-free asset classes. In equity markets the credit risk has reached a critical level in valuation. Here a new cost of equity method for private companies is presented based on the pricing of junior subordinated notes. Global business cases are illustrated to support this.