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Unformatted text preview: FV/(1+r) t , X is the multiplication sign. Pre-tax return (1-T) = After tax return R = r + h (1+R) = (1+r)(1+h) ROE = pm * tat * em Pm = NI/Sales FAT=Sales/FA TAT = Sales/TA CA/CL (CA-Inv)/CL TD/TA TA/Sales TIE = EBIT/Int EM= TA/TE TDR = (TA-TE)/TA M/B P/E P=C/r CY = PMT/PRICE G = (ROExB)/(1-ROExB) G = (ROAxB)/(1-ROAxB) Po = D1/(R-g) D1 = Do(1+g) D2 = D1(1+g) Po= D1/R R = D1/Po + g...
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This note was uploaded on 07/21/2009 for the course BUAD 306 taught by Professor Selvili during the Spring '07 term at USC.
- Spring '07