About the book
The Art and Science of Corporate Investment Decisions is your guide to the valuation of investment opportunities. Considering both industry practice and recent advances in valuation methods, this text will introduce you to a broad spectrum of valuation approaches and equip you to make wise investment decisions.

Content:

Introduction to Valuation

PART I: PROJECT ANALYSIS USING DISCOUNTED CASH FLOW (DCF)

Forecasting and Valuing Cash Flows

Project Risk Analysis

PART II: COST OF CAPITAL

Estimating a Firm's Cost of Capital

Estimating Required Rates of Return for Projects

PART III: FINANCIAL STATEMENTS AND VALUATION

Forecasting Financial Performance

Earnings Dilution, Incentive Compensation, and Project Selection

PART IV: ENTERPRISE VALUATION

Relative Valuation Using Market Comparable

Enterprise Valuation

Valuation in a Private Equity Setting

PART V: FUTURES, OPTIONS, AND THE VALUATION OF REAL INVESTMENTS

Using Futures and Options to Value Real Investments

Managerial Flexibility and Project Valuation: Real Options

Strategic Options: Evaluating Strategic Opportunities