这个贴现率一般就用WACC算了
When using the WACC as a discount rate, the calculation centers around the use of a company’sbeta, which is a measure of the historical volatility of returns for an investment. The historical volatility of returns is not necessarily a good measure of how risky something will be in the futu...
其实主要就是两种方法:1、DCF模型(这篇文章最大的参考点就是医疗创业公司不同阶段的discount rate值参考);2、类比法。 本文从2004年的Nature文章翻译的,作者Patrik Frei 博士是瑞士 Venture Valuation AG 的创始人兼首席执行官。 (11) Patrik Frei | LinkedInwww.linkedin.com/in/patrik-frei-3506/ ...
为什么Cap Rate是DCF模型里面的分母,原版教材也说Cap Rate 是long term discount rate?Cap Rate 高,为什么对应价格是下降呢?是因为Cap Rate = NOI/P. P是分母,所以Cap Rate上涨意味着P的上涨幅度小于NOI的增长幅度?添加评论 0 0 2 个答案 源_品职助教 · 2023年10月19日 嗨,从没放弃的小努力你好: ...
(NPV) while doing aDiscounted Cash Flow (DCF) analysis.A DCF analysis is a useful tool to determine the potential value of a business or an investment. A slight variation in the discount rate can make a big difference in the DCF result. A general rule is that as the rate moves higher...
A discount rate can also refer to the interest rate used in discounted cash flow (DCF) analysis to determine the present value of future cash flows. In this case, investors and businesses can use the discount rate for potential investments. ...
A simple correction of the WACC discount rate for default risk and bankruptcy costs. Review of Quantitative Finance and Accounting, 42(4), 653-666.Koziol C (2014) A simple correction of the wacc discount rate for default risk and bankruptcy costs. Rev Quant Finance Account 42:653–666...
The prime rate is the interest rate that banks charge their corporate customers that have the best credit profile. The federal funds rate is the starting point at which the prime rate is determined and the prime rate is the starting point for which other interest rates are set, such as the...
(DCF) requires the joint determination of the market value of its equity (MVE) together with the equity risk premium (ERP) the firm should earn, since the latter is part of the discount rate used in the calculation of the MVE... S Lutz - 《International Business Research》 被引量: 6发...
() Citation Context ...30 e 7.03 e Discount Rate 5% 5% Correlation sCER-EUA 0.3-0.7 types of plants is a valid assumption, if the lead time does... DWB Janne Kettunen,W Blyth - Energy Journal -Cambridge Ma then Cleveland Oh-