Amazon.com Book Description (ISBN 0471133930, Hardcover)

A celebrated university finance professor discusses the valuation of all investments not just securities. This up-to-the-minute text uses examples from a diversity of existing companies to demonstrate the use of the models as well as their possible pitfalls. Thoroughly examines firms where direct application of typical models traditionally breakdown--problems in valuing these enterprises are laid out and potential solutions suggested. Special sections deal with valuation issues that have not received adequate coverage such as the value of synergy in controlling mergers and the value of product options that a company may possess. Includes optional software developed and tested by the author.