Private Company Valuation How Credit Risk Reshaped Equity Markets and Corporate Finance Valuation Tools
, by Oricchio, Gianluca- ISBN: 9780230291447 | 0230291449
- Cover: Hardcover
- Copyright: 11/27/2012
The recent crisis in financial markets has seen a gradual erosion of risk-free asset classes. In equity markets the credit risk has reached a critical level in valuation. A new cost of equity method for Private Companies is presented based on the pricing of junior subordinated notes. Global business cases are illustrated to support this.