Formularium A

1

5

Schakelprogramma HandelswetenschappenFormularium Ondernemingsfinanciering

Chapter 2 : How to calculate present values

Single cash flow:

Multiple discount periods:

Annuity :

Growing annuity : g = %

Perpetuity :

Growing perpetuity :

Nominal (=APR) and real interest rate (=reff):

Chapter 3: Valuing Bonds

Bond value =

Duration =

Volatility (%) or Modified duration:

Interest rates and inflation:

Chapter 4: The value of common stocks

Dividend Discount Model:

H=tijdshorizon

No growth, full payout:

Constant Growth:

g = return on equity (ROE) * plowback ratio

Chapter 5 and 6: NPV and other investment criteria

Internal Rate of Return (IRR):

Profitability index and WAPI

Equivalent Annual Cash flow:

Break-even analysis:

Project free cash flows:

FCFproject = Operational cash flow NWC CAPEX

Chapter 7: Introduction risk and return

Rendement en risico aandeel/effect

Rendement en risico portefeuille

voor 2 aandelen:

Bta aandeel en portefeuille

Chapter 8: Portfolio theory and CAPM

Capital market line:

Securities market line

Arbitrage Pricing Theory:

Fama & French 3 factor model:

Chapter 9: Risk and cost of capital

Capita selecta

Working capital management

Cash Conversion Cycle = DIO + DSO - DPO