Fundamentos De - Administracion Libro Besley

8. Risk and Return: Expected return, standard deviation, coefficient of variation. Portfolio theory. Capital Asset Pricing Model (CAPM) – beta, risk-free rate, market risk premium.

5. Time Value of Money (TVM): Crucial section. Future value (FV), present value (PV), annuities, perpetuities, uneven cash flows, and solving for interest rates or periods. 6. Bond Valuation: Types of bonds, bond yields (YTM, YTC), interest rate risk, and default risk. 7. Stock Valuation: Common vs. preferred stock. Dividend discount models (constant growth, zero growth, supernormal growth). Free cash flow valuation. fundamentos de administracion libro besley

12. Capital Structure and Leverage: Business vs. financial risk. Operating and financial leverage. Modigliani-Miller theory. Target capital structure. 13. Dividend Policy: Factors influencing dividend payouts. Stock dividends, stock splits, and stock repurchases. 8. Risk and Return: Expected return