個案資料
了解個案內容與學習目標，選擇授課教師及使用課程。
Note: Valuing a Business Acquisition Opportunity
內容大綱
Describes how to value an acquisition opportunity as a capital budgeting problem. Cash flows are discounted at the cost of capital and debt is deducted to value the equity capital of the target company. A key contribution of the note is the discussion of five methods for establishing a terminal value for future cash flows extending beyond the normal planning horizon.