Theories on cost of capital have been around for decades. Unfortunately for practice, the academic discussions typically stop at a high level of generality, leaving important questions for application unanswered. Recent upheavals in financial markets have only made the practitioner's task more...

Based on interviews with major investment banks, we report how these leading practitioners apply discounted cash flow (DCF) techniques to value business enterprises. We find considerable alignment among the advisors and between practice and academic advice on major themes, including assessments...

The purpose of this cas eis to describe the entry of a company into an existing value cahin and how the Internet enabled the copmany to create value for its users. The case explores the reinusrance industry, the hcanges to the industry and the effect CATEX has had on the industry

This roundtable session was organized to answer the question:“What can I do as a finance professor to increase the personal financial capability of my students and others in my community?” The panelist for this roundtable were chosen as “best in class” examples of professors who have...

Theories on cost of capital have been around for decades. Unfortunately for practice, the academic discussions typically stop at a high level of generality, leaving important questions for application unanswered. Recent upheavals in financial markets have only made the practitioner's task more...

This case series simulates the decision of choosing and financing a car. Reggie Fuller is a fry cook on the verge of losing his job if he keeps arriving late to work due to inconsistent public buses. Fuller's dream car, the Lincoln MKS, is priced far beyond his budget ($50,000), but Fuller...