Corporate Valuation and Takeover: Exercises
An OverviewIntroductionModern Finance: A ReviewExercise 1: Corporate Valuation and Takeover: A ReviewSummary and ConclusionsII: Share Valuation TheoriesHow to Value a ShareIntroductionExercise 2: The Dividend Yield, Cover and the P/E RatioSummary and ConclusionsSelected ReferenceThe Role of Dividend PolicyIntroductionExercise 3.1:The Gordon Growth ModelExercise 3.2: Gordon's 'Bird in the Hand' ModelExercise 3.3: Growth Estimates and the Cut-Off RateSummary and ConclusionsSelected ReferencesDividend IrrelevancyIntroductionExercise 4.1: Dividend IrrelevancyExercise 4.2: The MM Dividend Irrelevancy HypothesisSummary and ConclusionsSelected ReferencesIII: A Guide to Stock Market Investment Stock Market Dynamics: An IllustrationIntroductionExercise 5.1: Published Accounting and Stock Market DataExercise 5.2: "Beating" the MarketSummary and ConclusionsSelected ReferencesIV: Valuation and TakeoverA Stock Exchange ListingIntroductionExercise 6: Coming to the MarketSummary and ConclusionsSelected ReferencesAcquisition Pricing PolicyIntroductionExercise 7.1: A "Suspect" Takeover ValuationExercise 7.2: A "Promising" Takeover ValuationSummary and ConclusionsSelected References