This page includes files and videos that explain how to prove concepts such as timing adjustments for a half year assumption; varying WACC; ungearing and gearning of Beta and other concepts. For proofs that involve the terminal value, a long-term model is established.





Subject

Excel File

Video Link

Chapter Reference

Page Reference











Proof of Timing in DCF










A/P in DCF Proof

Shows why cannot treat AP as Financial Liability

AP Proof.xlsm

https://www.youtube.com/watch?v=NIPWylXN9hw




Provisions for Warranties in DCF










Deferred Taxes from Cap Exp










Deferred Taxes from NOL










ROIC and DCF with Fair Value of Derivatives










Diluted Shares and Value of Stock Options










Discontinued Operations in DCF











































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