國立高雄大學圖資館 |

登入

回首頁 到查詢結果 [ subject:"Public Finance." ]

Fundamental problems and solutions in finance

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	Fundamental problems and solutions in financeby Zhiqiang Zhang.
作者:	Zhang, Zhiqiang.
出版者:	Singapore :Springer Nature Singapore :2023.
面頁冊數:	xxvii, 421 p. :ill., digital ;24 cm.
Contained By:	Springer Nature eBook
標題:	Finance.
電子資源:	https://doi.org/10.1007/978-981-19-8269-9
ISBN:	9789811982699$q(electronic bk.)

Fundamental problems and solutions in finance
Zhang, Zhiqiang.

Fundamental problems and solutions in finance[electronic resource] /by Zhiqiang Zhang. - Singapore :Springer Nature Singapore :2023. - xxvii, 421 p. :ill., digital ;24 cm. - Contributions to finance and accounting,2730-6046. - Contributions to finance and accounting..

Asset Valuation -- Finance and its Fundamental Problems -- Discounting and Bond Valuation -- Stock and Equity Valuation: Where Discounting Does Not Work -- Asset Pricing -- Option Pricing and Valuation of Contingent Cash Flow -- Certainty Equivalent, Risk Premium and Asset Pricing -- Debt/Loan Risk, Bankruptcy Cost and Debt/Loan Pricing -- Capital Asset Pricing: An Easy and Unified Solution -- Leverage and Risks -- Tax Shield, Bankruptcy Cost and Optimal Capital Structure -- Some Extensive Discussions of ZZ Leverage Model -- Bankruptcy Probability and Firm Life Expectancy.

This book provides innovative solutions to fundamental problems in finance, such as the valuation of bond and equity, the pricing of debt, equity and total asset, the determination of optimal capital structure, etc., which are unsolved or poor-solved so far. The solutions in this book all have the following features: Based on essential assumptions in line with reality, the final solutions are analytical solutions with closed-form models, the forms and variables of the models are determined by strict and objective logic processes rather than chosen or presumed subjectively, such as the new growth model for stock valuation, the new CAPM accounting for total risk rather than only systematic risk, the real solution to optimal capital structure based on the trade-off between tax shield and bankruptcy cost. In addition, these basic solutions or models are adjusted easily to various application scenarios.

ISBN: 9789811982699$q(electronic bk.)

Standard No.: 10.1007/978-981-19-8269-9doiSubjects--Topical Terms:

183252
Finance.

LC Class. No.: HG173

Dewey Class. No.: 332

Fundamental problems and solutions in finance
LDR:02517nmm a2200337 a 4500 001 642835
003 DE-He213
005 20230427160430.0
006 m d
007 cr nn 008maaau
008 231123s2023 si s 0 eng d
020 $a 9789811982699$q(electronic bk.)
020 $a 9789811982682$q(paper)
024 7 $a 10.1007/978-981-19-8269-9 $2 doi
035 $a 978-981-19-8269-9
040 $a GP $c GP
041 0 $a eng
050 4 $a HG173
072 7 $a KFFD $2 bicssc
072 7 $a BUS051000 $2 bisacsh
072 7 $a KFFD $2 thema
082 0 4 $a 332 $2 23
090 $a HG173 $b .Z63 2023
100 1 $a Zhang, Zhiqiang. $3 700020
245 1 0 $a Fundamental problems and solutions in finance $h [electronic resource] / $c by Zhiqiang Zhang.
260 $a Singapore : $b Springer Nature Singapore : $b Imprint: Springer, $c 2023.
300 $a xxvii, 421 p. : $b ill., digital ; $c 24 cm.
490 1 $a Contributions to finance and accounting, $x 2730-6046
505 0 $a Asset Valuation -- Finance and its Fundamental Problems -- Discounting and Bond Valuation -- Stock and Equity Valuation: Where Discounting Does Not Work -- Asset Pricing -- Option Pricing and Valuation of Contingent Cash Flow -- Certainty Equivalent, Risk Premium and Asset Pricing -- Debt/Loan Risk, Bankruptcy Cost and Debt/Loan Pricing -- Capital Asset Pricing: An Easy and Unified Solution -- Leverage and Risks -- Tax Shield, Bankruptcy Cost and Optimal Capital Structure -- Some Extensive Discussions of ZZ Leverage Model -- Bankruptcy Probability and Firm Life Expectancy.
520 $a This book provides innovative solutions to fundamental problems in finance, such as the valuation of bond and equity, the pricing of debt, equity and total asset, the determination of optimal capital structure, etc., which are unsolved or poor-solved so far. The solutions in this book all have the following features: Based on essential assumptions in line with reality, the final solutions are analytical solutions with closed-form models, the forms and variables of the models are determined by strict and objective logic processes rather than chosen or presumed subjectively, such as the new growth model for stock valuation, the new CAPM accounting for total risk rather than only systematic risk, the real solution to optimal capital structure based on the trade-off between tax shield and bankruptcy cost. In addition, these basic solutions or models are adjusted easily to various application scenarios.
650 0 $a Finance. $3 183252
650 1 4 $a Public Finance. $3 739648
650 2 4 $a Business Ethics. $3 731091
710 2 $a SpringerLink (Online service) $3 273601
773 0 $t Springer Nature eBook
830 0 $a Contributions to finance and accounting. $3 888990
856 4 0 $u https://doi.org/10.1007/978-981-19-8269-9
950 $a Economics and Finance (SpringerNature-41170)