-
Present Values 3
-
Lecture1.1
-
Lecture1.2
-
Lecture1.3
-
-
NPV vs. IRR 4
-
Lecture2.1
-
Lecture2.2
-
Lecture2.3
-
Lecture2.4
-
-
Other Profit Measures 4
-
Lecture3.1
-
Lecture3.2
-
Lecture3.3
-
Lecture3.4
-
-
Depreciation 4
-
Lecture4.1
-
Lecture4.2
-
Lecture4.3
-
Lecture4.4
-
-
Cash Flow Challenges 9
-
Lecture5.1
-
Lecture5.2
-
Lecture5.3
-
Lecture5.4
-
Lecture5.5
-
Lecture5.6
-
Lecture5.7
-
Lecture5.8
-
Lecture5.9
-
-
Capital Asset Pricing Model 3
-
Lecture6.1
-
Lecture6.2
-
Lecture6.3
-
-
Risky Debt 3
-
Lecture7.1
-
Lecture7.2
-
Lecture7.3
-
-
Unlevering Equity 3
-
Lecture8.1
-
Lecture8.2
-
Lecture8.3
-
-
Weighted Average Cost of Capital 4
-
Lecture9.1
-
Lecture9.2
-
Lecture9.3
-
Lecture9.4
-
-
Debt Effect Analysis 2
-
Lecture10.1
-
Lecture10.2
-
-
WACC Challenge 2
-
Lecture11.1
-
Lecture11.2
-
-
Relative Valuation 4
-
Lecture12.1
-
Lecture12.2
-
Lecture12.3
-
Lecture12.4
-
-
Forward Contract Valuation 3
-
Lecture13.1
-
Lecture13.2
-
Lecture13.3
-
Solution
Solution
import numpy as np
print(unlever(a[0],a[1],a[2],a[3]))
print(unlever(b[0],b[1],b[2],b[3]))
print(unlever(c[0],c[1],c[2],c[3]))
print(unlever(c[0],c[1],c[2],c[3]))
print("The average is:")
rates = []
rates.append(unlever(a[0],a[1],a[2],a[3]))
rates.append(unlever(b[0],b[1],b[2],b[3]))
rates.append(unlever(c[0],c[1],c[2],c[3]))
rates.append(unlever(c[0],c[1],c[2],c[3]))
print(np.mean(rates))
def WACC(price,outstanding,debtValue,debtYield,stockReturn,taxRate):
equity = price*outstanding
total = equity+debtValue
return (equity/total)*stockReturn+(debtValue/total)*debtYield*(1-taxRate)
print("The WACC is:")
print(WACC(10.5,20,(300-200),.04,.1025,.2))
You should get 0.0797580645161.
Source Code
Prev
Introduction
Next
Introduction