explicit government guarantees, debt vs. preferred stock vs. common stock, gov chooses preferred stock. First, preferred stocks don’ t need companies to pay downside of leverage, analysis of various gov’t interventions/policies 2. Basic review Valuation metrics (e.g., NPV, IRR, payback period), CAPM, Modigliani-Miller irrelevance propositions 3. Stock-Based Compensation Characteristics of employee stock options, When employees are granted “stock options,” they are being…
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