The programme is developed in consultation with

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: ogramme is developed in consultation with recruiters to provide you with the key skills that top employers demand. Through 11 months of full-time study, you will gain the business knowledge and capabilities to increase your career choices and stand out from the crowd. London Business School Regent’s Park London NW1 4SA United Kingdom Tel +44 (0)20 7000 7573 Email mim@london.edu Applications are now open for entry in September 2011. For more information visit www.london.edu/mim/ email mim@london.edu or call +44 (0)20 7000 7573 www.london.edu/mim/ Download free ebooks at bookboon.com 4 Portfolio theory Capital assets pricing model (CAPM) Alternative asset pricing models Arbitrage pricing theory Consumption beta Three-Factor Model 36 38 40 40 41 41 6. 6.1 6.2 6.3 6.4 6.4.1 6.4.2 6.4.3 6.5 Capital budgeting Cost of capital with preferred stocks Cost of capital for new projects Alternative methods to adjust for risk Capital budgeting in practise What to discount? Calculating free cash flows Valuing businesses Why projects have positive NPV 42 43 44 44 44 45 45 45 48 7. 7.1 7.1.1 7...
View Full Document

Ask a homework question - tutors are online