A More Granular Approach to Asset Valuation,the ____ Assessment,tries to Improve

question 98

Multiple Choice

A more granular approach to asset valuation,the ____ assessment,tries to improve upon the ambiguity of qualitative measures without resorting to the unsubstantiated estimation used for quantitative measures,and uses scales rather than specific estimates.

• A) Delphi
• B) hybrid
• C) cost-benefit analysis
• D) qualitative

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Definitions:

Treasury Stock

Shares that were once part of the outstanding shares and have been bought back by the issuing company, reducing the amount of outstanding stock on the market.

Yield to Maturity

The total return anticipated on a bond if the bond is held until it matures. YTM is considered a long-term bond yield expressed as an annual rate.

Semiannual Coupon Bonds

Bonds that pay interest to their holders twice a year.

Flotation Cost

The total costs associated with issuing new securities, including fees, taxes and underwriting expenses, which are incurred by companies when they raise new capital.