Advanced Aspects of Investment Appraisal Course
Course Description
This course is for finance staff, consultants and business managers engaged in the investment appraisal process who already have an understanding of discounted cash flow (DCF) techniques and basic risk assessment techniques and who want to update their knowledge in the light of important recent developments in the area.
Course length = 1 day(s) ~ covering:-
- Risk measurement methods
- Probabilities, expected cash flows and decision trees
- Relating risk to shareholders' required returns
- The effects of operating leverage and financial gearing
- Mini case study on cost of capital for a UK firm
- Risk-adjusted discount rates
- Case study on required return calculation for a diversification venture
- Sensitivity analysis
- Scenario analysis and simulation
- Monte-Carlo simulation in Excel
- The value of flexibility and why it gives rise to 'real' options
- Valuing real options
Course Fee = £540 (excl.VAT)
Scheduled course dates
| May 2010 |
June 2010 |
July 2010 |
August 2010 |
September 2010 |
October 2010 |
November 2010 |
December 2010 |
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