TY - BOOK AU - Moyo, Vusani TI - Firm, equity asset, and fixed income securities valuation: practical examples and case studies for accounting and financial analyst students SN - 9783031605291 U1 - 332.632 PY - 2024/// CY - Cham PB - Palgrave Macmillan KW - Accounting KW - Value of money N1 - Table of contents: Introduction to Valuation Vusani Moyo Pages 1-14 The Basics of Time Value of Money Vusani Moyo Pages 15-63 Valuation of Cash Flows, Annuities, and Perpetuities Vusani Moyo Pages 65-127 Sources and Cost of Long-Term Capital Vusani Moyo Pages 129-218 Valuation of Fixed Income Securities Vusani Moyo Pages 219-240 Valuation of Equities Vusani Moyo Pages 241-284 Firm and Equity Valuation Using Free Cash Flow Models Vusani Moyo Pages 285-340 Valuation Using Multiples Vusani Moyo Pages 341-432 Valuation Using the Residual Income Valuation Model Vusani Moyo Pages 433-476 [https://link.springer.com/book/10.1007/978-3-031-60530-7] N2 - This textbook begins by introducing the concept of the time value of money and explaining how it is applied in valuation. It then uses practical and easy-to-understand examples to illustrate the application of the time value of money concept in valuing cash flows, annuities, and perpetuities. This is followed by an in-depth discussion of the firm's financing sources and the determination of its cost of capital. The remainder of the textbook discusses the valuation of fixed-income securities, equity assets, and the firm, featuring specific examples and case studies from South Africa, Europe, and the Americas. Equity asset and firm valuation approaches discussed include variants of single and multiple-stage growth dividend discount models, free cash flows, residual income, and multiple valuation approaches. The practical examples and case studies equip students with the tools they need to apply these valuation approaches. Aimed at upper undergraduate and postgraduate accounting and finance students, this textbook discusses in which context each valuation approach is most appropriate. Electronic supplementary materials are available online by chapter. (https://link.springer.com/book/10.1007/978-3-031-60530-7) ER -