Sensitivity of Estimated Financial Returns on Timber Investments to Data Errors (Classic Reprint)

Sensitivity of Estimated Financial Returns on Timber Investments to Data Errors (Classic Reprint) PDF Author: Thomas John Mills
Publisher: Forgotten Books
ISBN: 9780331411003
Category : Business & Economics
Languages : en
Pages : 32

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Book Description
Excerpt from Sensitivity of Estimated Financial Returns on Timber Investments to Data Errors Some people react to this problem by calling for a disaggregation of investment cases below the level of aggregation previously employed. The analysis of National Forest investments prepared for the Outlook study had an area matrix with forest type group, site class, and stand siz'e dimensions for eight administrative regions. This classification identified 984 separate area cells. Is this sufficient division to produce homogeneous treatment opportunities or should a terrain slope dimension also be added because of the impact of slope upon treatment and harvest cost? Should there be two slope classes, raising the number ofseparate area cells to 1968, or are three slope classes necessary, raising the total to 2952? About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Sensitivity of Estimated Financial Returns on Timber Investments to Data Errors (Classic Reprint)

Sensitivity of Estimated Financial Returns on Timber Investments to Data Errors (Classic Reprint) PDF Author: Thomas John Mills
Publisher: Forgotten Books
ISBN: 9780331411003
Category : Business & Economics
Languages : en
Pages : 32

Get Book Here

Book Description
Excerpt from Sensitivity of Estimated Financial Returns on Timber Investments to Data Errors Some people react to this problem by calling for a disaggregation of investment cases below the level of aggregation previously employed. The analysis of National Forest investments prepared for the Outlook study had an area matrix with forest type group, site class, and stand siz'e dimensions for eight administrative regions. This classification identified 984 separate area cells. Is this sufficient division to produce homogeneous treatment opportunities or should a terrain slope dimension also be added because of the impact of slope upon treatment and harvest cost? Should there be two slope classes, raising the number ofseparate area cells to 1968, or are three slope classes necessary, raising the total to 2952? About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Sensitivity of Estimated Financial Returns on Timber Investments to Data Errors

Sensitivity of Estimated Financial Returns on Timber Investments to Data Errors PDF Author: Thomas John Mills
Publisher:
ISBN:
Category : Timber
Languages : en
Pages : 0

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Book Description


A Financial Return Programme for Forestry Investments, Including Sensitivity of Results to Data Errors

A Financial Return Programme for Forestry Investments, Including Sensitivity of Results to Data Errors PDF Author: Marcus H. Goforth
Publisher:
ISBN:
Category :
Languages : en
Pages : 18

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Book Description


A Financial Return Program for Forestry Investments, Including Sensitivity of Results to Data Errors

A Financial Return Program for Forestry Investments, Including Sensitivity of Results to Data Errors PDF Author: Marcus H. Goforth
Publisher:
ISBN:
Category : Forest management
Languages : en
Pages : 0

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Book Description


Alternative Investments: A Primer for Investment Professionals

Alternative Investments: A Primer for Investment Professionals PDF Author: Donald R. Chambers
Publisher: CFA Institute Research Foundation
ISBN: 1944960384
Category : Business & Economics
Languages : en
Pages : 122

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Book Description
Alternative Investments: A Primer for Investment Professionals provides an overview of alternative investments for institutional asset allocators and other overseers of portfolios containing both traditional and alternative assets. It is designed for those with substantial experience regarding traditional investments in stocks and bonds but limited familiarity regarding alternative assets, alternative strategies, and alternative portfolio management. The primer categorizes alternative assets into four groups: hedge funds, real assets, private equity, and structured products/derivatives. Real assets include vacant land, farmland, timber, infrastructure, intellectual property, commodities, and private real estate. For each group, the primer provides essential information about the characteristics, challenges, and purposes of these institutional-quality alternative assets in the context of a well-diversified institutional portfolio. Other topics addressed by this primer include tail risk, due diligence of the investment process and operations, measurement and management of risks and returns, setting return expectations, and portfolio construction. The primer concludes with a chapter on the case for investing in alternatives.

Factor Investing and Asset Allocation: A Business Cycle Perspective

Factor Investing and Asset Allocation: A Business Cycle Perspective PDF Author: Vasant Naik
Publisher: CFA Institute Research Foundation
ISBN: 1944960155
Category : Business & Economics
Languages : en
Pages : 192

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Book Description


Basic Concepts in Forest Valuation and Investment Analysis

Basic Concepts in Forest Valuation and Investment Analysis PDF Author: Steven Henry Bullard
Publisher:
ISBN: 9780964129122
Category : Forests and forestry
Languages : en
Pages :

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Book Description


Equity Asset Valuation

Equity Asset Valuation PDF Author: Jerald E. Pinto
Publisher: John Wiley & Sons
ISBN: 1119104645
Category : Business & Economics
Languages : en
Pages : 624

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Book Description
Navigate equity investments and asset valuation with confidence Equity Asset Valuation, Third Edition blends theory and practice to paint an accurate, informative picture of the equity asset world. The most comprehensive resource on the market, this text supplements your studies for the third step in the three-level CFA certification program by integrating both accounting and finance concepts to explore a collection of valuation models and challenge you to determine which models are most appropriate for certain companies and circumstances. Detailed learning outcome statements help you navigate your way through the content, which covers a wide range of topics, including how an analyst approaches the equity valuation process, the basic DDM, the derivation of the required rate of return within the context of Markowitz and Sharpe's modern portfolio theory, and more. Equity investments encompass the buying and holding of shares of stock in the anticipation of collecting income from dividends and capital gains. Determining which shares will be profitable is key, and an array of valuation techniques is applied on today's market to decide which stocks are ripe for investment and which are best left out of your portfolio. Access the most comprehensive equity asset valuation text on the market Leverage detailed learning outcome statements that focus your attention on key concepts, and guide you in applying the material accurately and effectively Explore a wide range of essential topics, such as the free cash flow approach, valuation using Graham and Dodd type concepts of earning power, associated market multiples, and residual income models Improve your study efforts by leveraging the text during your CFA certification program prep Equity Asset Valuation, Third Edition is a comprehensive, updated text that guides you through the information you need to know to fully understand the general analysis of equity investments.

Forests in a Market Economy

Forests in a Market Economy PDF Author: Erin O. Sills
Publisher: Springer Science & Business Media
ISBN: 9401702195
Category : Technology & Engineering
Languages : en
Pages : 379

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Book Description
This book draws together contributions from forest economists in the Research Triangle of North Carolina, with co-authors from institutions around the world. It represents our common belief that rigorous empirical analysis in an economic framework can inform forest policy. We intend the book as a guide to the empirical methods that we have found most useful for addressing both traditional and modem areas of concern in forest policy, including timber production and markets, multiple use forestry, and valuation of non-market benefits. 'The book editors and most chapter authors are affiliated with three institutions in the Research Triangle: the Southern Research Station of the USDA Forest Service (K. Abt, Butry, Holmes, Mercer, Moulton, Prestemon, Wear), the Department of Forestry at North Carolina State University (R. Abt, Ahn, Cubbage, Sills), and the Environmental and Natural Resource Economics Program of Research Triangle Institute (Murray, Pattanayak). Two other Triangle institutions are also represented among the book authors: Duke University (Kramer) and the Forestland Group (Zinkhan). In addition to our primary affiliations, many of us are adjunct faculty and/or graduates of Triangle universities. Many of our co-authors also graduated from or were previously affiliated with Triangle institutions. Thus, the selection of topics, methods, and case studies reflects the work of this particular network of economists, and to some degree, our location in the southeastern United States. However, our work and the chapters encompass other regions of the United States and the world, including Latin America and Asia.

Capital Budgeting

Capital Budgeting PDF Author: Don Dayananda
Publisher: Cambridge University Press
ISBN: 113943487X
Category : Business & Economics
Languages : en
Pages : 290

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Book Description
This book explains the financial appraisal of capital budgeting projects. The coverage extends from the development of basic concepts, principles and techniques to the application of them in increasingly complex and real-world situations. Identification and estimation (including forecasting) of cash flows, project appraisal formulae, and the application of net present value (NPV), internal rate of return (IRR) and other project evaluation criteria are illustrated with a variety of calculation examples. Risk analysis is extensively covered by the use of risk adjusted discount rate, certainty equivalent, sensitivity, simulation and Monte Carlo analysis. The NPV and IRR models are further applied to forestry, property and international investments. Resource constraints are introduced to the capital budgeting decisions with a variety of worked examples using linear programming technique. All calculations are extensively supported by Excel workbooks on the Web, and each chapter is well reviewed by end of chapter questions.