A forward contract, just like a futures contract, is an agreement for the future delivery of something at a specified price at the end of a designated period of time. Futures contracts are standardized agreements as to the delivery date (or month) and quality of the deliverable, and are traded on or[...]
Posts Tagged ‘loans’
August 25th, 2010 - 7:41 pm § in Cash Flow
What Drives Cash Flow and Value
You could stop right here and say that once you have projected free cash flow and discounted it at the WACC, the valuation is complete. This would not be satisfying, however, because you have not evaluated the free cash flow projection upon which the valuation was based. How does the projection comp[...]
July 25th, 2010 - 7:40 pm § in Value of Equity
Value of Equity
The value of the company’s equity is the value of its operations plus nonoperating assets, such as investments in unrelated, unconsolidated businesses, less the value of its debt and any nonoperating liabilities. The valuation of Hershey’s equity is $9.4 billion, including $450 million r[...]