Like we mentioned before, project managers are busy and often on the go. So we’ve put together a list of pros and cons to help you decide if the PM PrepCast is right for you without taking too much of your valuable time! Pro – Flexibility:Not having to sit in a classroom or do ...
Jensen's alpha is an essential tool in portfolio management, providing valuable insights into the risk-adjusted performance of investments and the effectiveness of portfolio managers. While it has its limitations, such as its reliance on historical data and the assumptions of the CAPM, it remains a...
Using beta also has some cons, including: Beta is only one measure of risk and should not be used in isolation. Beta values can change over time, so it is essential to monitor them regularly. Beta can be affected by market conditions, so it may not be accurate in all cases. Beta only...
NPV = $1‚228‚485 Discount rate = cost of equity (from CAPM) = 15.8% (see model for projected free cash flows) 2. Value the project using the Adjusted Present Value (APV) approach assuming the firm raises $750 thousand of debt to fund the project and keeps the level of debt con...