Title: Dynamic Asset Pricing Theory, Third Edition. / Edition 3
Author: Darrell Duffie, J. Darrell Duffie
ISBN-10: 069109022X
ISBN-13: 9780691090221
Business Valuation An Integrated Theory Second Edition The first book to show why business appraisers do what they do and how valuation concepts are interrelated, Business Valuation: An Integrated Theory, Second Edition provides a concise discussion of the most widely debated valuation topics. Fully revised and updated, it defines and explains valuation in the context of the discounted cash flow and Gordon models, providing the most unified and comprehensive framework for thinking about the sources of valuation premiums and discounts. An excellent basis for understanding and correctly applying modern valuation theory, the Second Edition integrates various valuation concepts to reveal a complete and clear picture of business valuation. This edition includes a new chapter on the valuation of S corporations, as well as an expanded treatment of valuation from the perspective of nonmarketable minority shareholders. Business Valuation: An Integrated Theory, Second Edition helps readers: Understand the organizing principles of business valuation Examine the relationships between the Gordon Model and the DCF model of valuation Define the levels of value in the context of enterprise and shareholder cash flows Apply the Quantitative Marketability Discount Model (QMDM) Defend and explain the valuation of S corporations A variety of business, finance, valuation, legal, and accountingprofessionals will benefit from the comprehensive framework for applying sound financial reasoning to practical valuation problems presented in this book. Straightforward and well written, this is the essential guidebook for integrating valuation theory and practice.
