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The Cost of Capital: Intermediate Theory by Seth Armitage

The Cost of Capital: Intermediate Theory

by Seth Armitage
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Book cover type: Hardcover
  • ISBN13: 9780521801959
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Cambridge University Press
  • Publisher Imprint: Cambridge University Press
  • Publication Date:
  • Pages: 370
  • Original Price: GBP 131.0
  • Language: English
  • Edition: N/A
  • Item Weight: 889 grams
  • BISAC Subject(s): Finance / General

This volume provides a thorough exposition of the theory relating to the cost of capital--a core subject in academic finance and also of genuine practical importance. Any serious attempt to value a business requires an estimate of its cost of capital. This book explains models and arguments in a way which does justice to this reasoning, while minimizing the prior knowledge of finance and maths expected of the reader. It is intended primarily for students at advanced undergraduate levels.

Armitage, Seth: - Seth Armitage is a Reader in Finance and head of the finance group at Heriot-Watt University, Edinburgh. His current and recent research centres on the financing of companies and has included work on rights issues and open offers, the role of banks in funding companies, sources of finance in developing countries and mutual financial institutions. He is the author of Syndicated Lending in Europe (1998).

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