Risk is a vital concept to grasp when investing in a firm or project. It is also a key ingredient required to evaluate the cost of capital and perform a valuation. An organization’s capital structure, specifically the amount of leverage and debt financing employed, must be accounted for to...

Every project is fundamentally made up of cash flows. An investor may rent a factory, buy raw materials, hire workers, manufacture a product or fund an advertising campaign, all with the purpose of selling a product or service to make a profit. Every part of the project or investment opportunity...

In this paper we review corporate and project finance techniques used to maximize investor returns and create superior growth strategies. We review the corporate finance concepts and tools used to evaluate investor returns and compare projects. Time value of money concepts can be used to...