Valuation: Businesses, Securities, and Real Estate

Course Description

This course covers valuations ranging from businesses, bonds, preferred stock and common stock to real estate. Business valuation is essentially a present value concept that involves estimating future cash flows of a business and discounting them at a required rate of return. The value of a bond is essentially the present value of all future interest and principal payments. Stock price may be expressed as a function of the expected future dividends and a rate of return required by investors. Real estate valuation presents several rule-of-thumb valuation methods.

Learning objectives

• a:2:{i:0;s:46:"Recognize the reasons for business valuations.";i:1;s:100:"Identify various business valuation methods and the different variables used for valuation purposes.";}
• a:3:{i:0;s:62:"Recognize the valuation methods used for financial securities.";i:1;s:88:"Identify the determinants of the price-earnings ratio and the definition of beta values.";i:2;s:102:"Recognize other pragmatic valuation approaches and valuation methods for an income producing property.";}

Final examination expiration date:

The program participant will have one year from the date of purchase to complete the course and final examination.