Investments Test 1

Investments Test 1 - Investments 21:54 Whatareinvestments...

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Investments 21:54 What are investments Something that ultimately is on a balance sheet (besides collectibles, etc. ) Human capitol The present value of what you intended to earn over the course of your life  time Protections o Not smoking Insurance o Disability and Health  Social Capitol Your network Strong connections o Usually not as good for helping you And week connections o A friend of a strong connections can help you more Cultural capitol o Individuals cant create it o Tighter nit the community the more cultural capitol Preferred stock- hybrid of debt and equity o Rarely receives recovery from bankruptcy Usually has div. but doesn’t have to o rs=rf +Beta(rm-rf)  o
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21:54 Enterprise Value Market cap +preferred book value + Minority interest +debt (book value) –  Cash= Enterprise value What it would take to buy the company  Preferred stock- hybrid of debt and equity Rarely receives recovery from bankruptcy Usually has div. but doesn’t have to
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