This week’s topics
Valuation of Financial Assets
- Dividend discount models
- Discounted cash flow valuation
- Bond yield-to-maturity and duration
- Derivative pricing fundamentals
- The valuation of securities - The valuation of equity - ACCA Financial Management (FM)
- The valuation of debt finance, and duration (part 1) - ACCA (AFM) lectures
- Session 30: Valuation - Cash Flows & Discount Rates
What you will be able to do
- 2.2 Analyse the valuation of shares, debts and other financial assets.
Activity
Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: analyse the valuation of shares, debts and other financial assets.
Study materials
Videos
- The valuation of securities - The valuation of equity - ACCA Financial Management (FM) · YouTube · OpenTuition · 31 min · for registered students
- The valuation of debt finance, and duration (part 1) - ACCA (AFM) lectures · YouTube · OpenTuition · 27 min · for registered students
- Session 30: Valuation - Cash Flows & Discount Rates · YouTube · Aswath Damodaran · 17 min · for registered students
- Decoding Financial Statements: Elevating Equity Valuations Through Earnings Quality Analysis · YouTube · LSE · 43 min · for registered students
- Session 8: Free Cash Flows to Firm and Equity · YouTube · Aswath Damodaran · 115 min · for registered students
- Session 2A: Valuation Inputs - Discount Rates · YouTube · Aswath Damodaran · 110 min · for registered students
- Session 7: Cost of Debt and from discount rates to cash flows · YouTube · Aswath Damodaran · 84 min · for registered students
Further resources
- Principles of Finance 2e, ch. 11: Stocks and Stock Valuation · PDF · OpenStax, textbook chapter; pp. 327–360 · for registered students
- MIT 15.401 Finance Theory I, lecture notes: Fixed-Income Securities · PDF · Other, slides · for registered students
- MIT 15.401 Finance Theory I, lecture notes: Equities · PDF · Other, slides · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.