BAV

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Across
  1. 2. …………. measures the relative risk, that is added on to a diversified portfolio.
  2. 6. In …………………………….. equivalent method of valuation, we adjust the cash flows for risk
  3. 7. Real options are most valuable when you have ……………………..
  4. 8. The appropriate discount rate should reflect the ……………..cost of capital, which in turn reflects the risk of the investment.
  5. 10. In a …………………………….. merger, the acquiring firm attempts to gain control of the target without their approval.
  6. 12. …………………………….. valuation method should be used in case of Leveraged buy outs where the capital structure is changing. (It is the abbreviation)
  7. 13. ………………….. cash flows that are considered relevant to the valuation of a project, being only those that are a direct result of the acceptance of an investment?
  8. 14. Earnings criterion implicitly uses the wrong cost of equity capital to evaluate an investment. We refer to this as the ……………….. problem.
  9. 16. If the acquirer company is sure about the synergies the mode of payment would be………….
  10. 17. If Discounted Cash Flow (DCF) valuation is employed to assess the worth of a firm's cash flows during the planning period, while relative valuation is utilized for calculating Terminal value, it is called as……………valuation approach.
  11. 18. A……………….. company is created when a parent company decides to separate a portion of its business into a separate entity.
  12. 19. A ………….. gives you the right to market or sell a product or service of a brand name company.
Down
  1. 1. ……………….. is a non-cash expense.
  2. 3. ………………………..costs are expenditures that either have already been made or must be made regardless of whether the firm proceeds with the investment.
  3. 4. Porter proposed that………………. Strategy is useful to avoid/ control the threat of new entrants.
  4. 5. For an unlevered firm, The free cash flow to the firm is ……………………..to the free cash flow to equity.
  5. 9. ……………valuation method compares the value of a company or asset to the value of similar companies or assets in the market.
  6. 11. The value of a real options decision tree is often expressed in terms of…………, representing the potential future cash flows. (It is an abbreviation)
  7. 15. In BCG matrix, the ……………… category represents products and services with high market growth but low market share.
  8. 20. For ………………….. acquisition no stockholders vote is required.