TAILIEUCHUNG - Lecture Business finance - Chapter 15: The cost of capital and taxation issues in project evaluation

Chapter 15 explain the cost of capital and taxation issues in project evaluation. This chapter include objectives: Understand the concept of the cost of capital, understand the effect of risk on the cost of capital, understand how the cost of capital can be measured under the imputation tax system, understand why the cost of capital for a company is expressed as a weighted average of the costs of all of the company’s sources of capital,. | Chapter 15 The Cost of Capital and Taxation Issues in Project Evaluation 2 2 2 2 2 2 2 2 2 Learning Objectives Understand the concept of the cost of capital. Understand the effect of risk on the cost of capital. Understand how the cost of capital can be measured under the imputation tax system. Understand why the cost of capital for a company is expressed as a weighted average of the costs of all of the company’s sources of capital. 2 2 2 2 2 2 2 2 2 Learning Objectives (cont.) Estimate the cost of each source of capital and combine these costs into a weighted average cost of capital for a company. Explain how to treat issue costs in project evaluation. Understand the distinction between the cost of capital for a project and a company’s weighted average cost of capital. Estimate the cost of capital for a division of a diversified company. 4 4 4 4 4 4 4 4 4 Learning Objectives (cont.) Understand the advantages and disadvantages of using the weighted average cost of capital in .

• Tài chính doanh nghiệp
• Business finance
• Lecture Business finance
• Capital market
• Financial management
• Cost of capital
• Project evaluation
• Sources of finance
• Leasing finance
• Sources of long term finance
• Long term finance
• Equipment finance
• Ordinary shares
• Long term debt
• Dividend Policy
• Capital structure
• Capital structure decisions
• Capital market efficiency
• Futures contracts
• Option markets
• Analysis of takeovers
• International financial management
• Management of short term assets
• Financial decisions
• Financial mathematics
• The time value of money
• Project evaluation methods
• Portfolio theory
• Aasset pricing
• Financial intermediaries
• Sources of short term debt