1. COVER
2. TABLE OF CONTENTS
3. TITLE PAGE
4. COPYRIGHT
5. DEDICATION
6. PREFACE
7. ACKNOWLEDGMENTS
8. ABOUT THE AUTHOR
9. CHAPTER 1: Valuation Case Study Exercises
1. 1.1 INTRODUCTION
2. 1.2 THE VALUATION REPORT
3. 1.3 HISTORY AND NATURE OF BUSINESS15
4. 1.4 GENERAL ECONOMIC AND INDUSTRY OUTLOOK
5. 1.5 BOOK VALUE AND FINANCIAL POSITION
6. 1.6 PROJECTIONS
7. 1.7 APPROACHES TO VALUE
8. 1.8 INCOME APPROACH
9. 1.9 COST OF CAPITAL
10. 1.10 MARKET APPROACH
11. 1.11 GUIDELINE PUBLIC COMPANY METHOD
12. 1.12 GUIDELINE COMPANY TRANSACTIONS METHOD
13. 1.13 RECONCILIATION OF VALUATION METHODS
, 14. 1.14 CONCLUSION OF VALUE
15. 1.14 ADDENDUM: DISCOUNT CASE STUDY EXERCISES
16. Notes
0. CHAPTER 2: Valuation Case Study Exercises: Solutions and
Explanations
1. 2.1 ADDENDUM: DISCOUNT CASE STUDY EXERCISES
1. CHAPTER 3: Financial Valuation Applications and Models
Companion Exercises and Test Questions
1. 3.1 CHAPTER 1: INTRODUCTION TO FINANCIAL
VALUATION
2. 3.2 CHAPTER 2: STANDARDS OF VALUE
3. 3.3 CHAPTER 3: RESEARCH AND ITS PRESENTATION
4. 3.4 CHAPTER 4: FINANCIAL STATEMENT AND COMPANY
RISK ANALYSIS
5. 3.5 CHAPTER 5: INCOME APPROACH
6. 3.6 CHAPTER 6: COST OF CAPITAL/RATES OF RETURN
7. 3.7 CHAPTER 7: INTERNATIONAL COST OF CAPITAL
8. 3.8 CHAPTER 8: MARKET APPROACH
9. 3.9 CHAPTER 9: ASSET APPROACH
10. 3.10 CHAPTER 10: VALUATION DISCOUNTS AND PREMIUMS
11. 3.11 CHAPTER 11: REPORT WRITING
12. 3.12 CHAPTER 12: BUSINESS VALUATION STANDARDS
13. 3.13 CHAPTER 13: VALUATION OF PASS‐THROUGH
ENTITIES
, 14. 3.14 CHAPTER 27D: VALUATION ISSUES IN PREFERRED
STOCK
15. 3.15 CHAPTER 27E: RESTRICTED STOCK VALUATION
16. 3.16 CHAPTER 27G: VALUATION ISSUES RELATED TO
STOCK OPTIONS AND OTHER SHARE‐BASED
COMPENSATION
17. 3.17 CHAPTER 14: ESTATE, GIFT, AND INCOME TAX
VALUATIONS
18. 3.18 CHAPTER 15: VALUATION OF FAMILY LIMITED
PARTNERSHIPS
19. 3.19 CHAPTER 16: SUMMARY OF COURT CASE VALUATION
ISSUES
20. 3.20 CHAPTER 17: SHAREHOLDER DISPUTES
21. 3.21 CHAPTER 18: EMPLOYEE STOCK OWNERSHIP PLANS
22. 3.22 CHAPTER 19: VALUATION IN THE DIVORCE SETTING
23. 3.23 CHAPTER 20: VALUATION ISSUES IN SMALL
BUSINESSES
24. 3.24 CHAPTER 21: VALUATION ISSUES IN PROFESSIONAL
PRACTICES
25. 3.25 CHAPTER 22: REASONABLE COMPENSATION
26. 3.26 CHAPTER 23: THE VALUATOR AS EXPERT WITNESS
27. 3.27 CHAPTER 24: FAIR VALUE MEASUREMENT AND THE
VALUATION OF INTANGIBLE ASSETS
28. 3.28 CHAPTER 25: MARKETING, MANAGING, AND MAKING