cfproj_3.pdf-CORPORATE FINANCE THE PROJECT Aswath Damodaran

Dividend Framework: Solutions Assuming that we are talking about the second scenario, where the firm does borrow money, I would defend my decision by noting that I have a track record of great projects and that I am retaining the cash for future proj

11 The sources of capital raIoning… Aswath Damodaran 11 Cause Number of firms Percent of total Debt limit imposed by outside agreement 10 10.7 Debt limit placed by management external to firm 3 3.2 Limit placed on borrowing by internal management 65

CORPORATE FINANCE THE PROJECT Aswath Damodaran Aswath Damodaran 1 2 The big picture.. ¨ You should find a group to work with between 4-8 people . You can make the judgment of optimal group size. ¨ If corporate finance is best learned through applicat

Measuring Investment Returns: Solutions Problem 1 Year Beginning BV Depreciation Ending BV Average BV Revenues COGS EBIT EBIT (1-t) 1 25 3 22 23.5 20.00 $ 10.00 $ 7.00 $ 4.20 $ 2 22 3 19 20.5 22.00 $ 11.00 $ 8.00 $ 4.80 $ 3 19 3 16 17.5 24.20 $ 12.10