Fundamental Problems and Solutions in Finance

Bibliographic Details
Main Author: Zhang, Zhiqiang (Author)
Corporate Author: SpringerLink (Online service)
Summary:XXVII, 421 p. 44 illus., 15 illus. in color.
text
Language:English
Published: Singapore : Springer Nature Singapore : Imprint: Springer, 2023.
Edition:1st ed. 2023.
Series:Contributions to Finance and Accounting,
Subjects:
Online Access:https://doi.org/10.1007/978-981-19-8269-9
Format: Electronic Book

MARC

LEADER 00000nam a22000005i 4500
001 978-981-19-8269-9
003 DE-He213
005 20230427160430.0
007 cr nn 008mamaa
008 230427s2023 si | s |||| 0|eng d
020 |a 9789811982699  |9 978-981-19-8269-9 
024 7 |a 10.1007/978-981-19-8269-9  |2 doi 
050 4 |a HJ9-9940 
072 7 |a KFFD  |2 bicssc 
072 7 |a BUS051000  |2 bisacsh 
072 7 |a KFFD  |2 thema 
082 0 4 |a 336  |2 23 
100 1 |a Zhang, Zhiqiang.  |e author.  |4 aut  |4 http://id.loc.gov/vocabulary/relators/aut 
245 1 0 |a Fundamental Problems and Solutions in Finance  |h [electronic resource] /  |c by Zhiqiang Zhang. 
250 |a 1st ed. 2023. 
264 1 |a Singapore :  |b Springer Nature Singapore :  |b Imprint: Springer,  |c 2023. 
300 |a XXVII, 421 p. 44 illus., 15 illus. in color.  |b online resource. 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
347 |a text file  |b PDF  |2 rda 
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, Public. 
650 0 |a Business ethics. 
650 1 4 |a Public Finance. 
650 2 4 |a Business Ethics. 
710 2 |a SpringerLink (Online service) 
773 0 |t Springer Nature eBook 
776 0 8 |i Printed edition:  |z 9789811982682 
776 0 8 |i Printed edition:  |z 9789811982705 
776 0 8 |i Printed edition:  |z 9789811982712 
830 0 |a Contributions to Finance and Accounting,  |x 2730-6046 
856 4 0 |u https://doi.org/10.1007/978-981-19-8269-9 
912 |a ZDB-2-ECF 
912 |a ZDB-2-SXEF 
950 |a Economics and Finance (SpringerNature-41170) 
950 |a Economics and Finance (R0) (SpringerNature-43720)