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所在平台: Udemy |
课程主页: https://www.udemy.com/course/corporate-finance-9-valuation-bond-common-preferred-stock/
课程评论：没有评论
**课程名称：** 公司金融 #9 估值-债券、普通股/优先股 **课程概述：** 本课程将深入探讨金融资产的估值方法，重点关注债券、普通股和优先股。我们将通过丰富的实例，包括演示及 Excel 工作表问题，来帮助学员理解和掌握这些估值技能。 课程亮点包括： * **Excel 工作表演示：** 提供可下载的 Excel 工作簿，其中包含至少两个工作表：一个包含答案，另一个提供带有预设格式的工作表，学员可以跟随教学视频一步步完成。 * **核心估值理念：** 强调将金融资产的未来现金流折现以进行估值的基本概念。因此，课程将复习和应用现值概念及计算方法。 * **债券估值：** 学习如何计算债券的现金流，这通常包括一系列的利息支付和到期时的本金偿还。课程将引导学员使用年金计算来确定利息支付的现值，并使用单笔现值计算来确定到期本金的现值。 * **优先股估值：** 介绍优先股的特点，其支付通常是标准化的，但与债券不同的是，优先股没有到期日。 * **普通股估值：** 探讨普通股估值的复杂性，着重于股息未来现金流的分析。课程将讲解普通股股息随时间变化的特点，以及普通股同样没有到期日的情况。 通过本课程的学习，学员将能够熟练运用现值理论和工具，有效地评估债券、优先股和普通股的价值。
This course will cover the valuation of financial assets including bonds, common stock, and preferred stock.We will include many example problems, both in the format of presentations and Excel worksheet problems. The Excel worksheet presentations will include a downloadable Excel workbook with at least two tabs, one with the answer, the second with a preformatted worksheet that can be completed in a step-by-step process along with the instructional videos.The general concept used to value financial assets is to take the present value of future cash flows from the financial asset. Therefore, we will need to use present value concepts and calculations.The cash flow related to bonds will generally consist of a series of interest payments and a principal payment at maturity of the bond. We can use annuity calculations to determine the present value of the interest payments and present value of one calculation to determine the present value of principal at maturity.Preferred stock has characteristics similar to bonds in that the payments are often standardized. However, we do not have a maturity date as we do with bonds.Common stock can be more complex as we consider the future cash flow of dividends in an attempt to value the securities. The common stock dividends are more likely to change over time and we do not have a maturity date as we do with bonds.
