11/25/2009· Accounting
The Bias in Annual (Versus Monthly) Discounting is Immaterial
This article presents a discussion of the validity of using the mid-year convention from a different point of view than the March 2002 BVR article by Michael Dobner.
11/25/2009· Damages
Forecasting Cash Flow: Mathematics of the Payout Ratio
We all have used the Discounted Cash Flow (DCF) method. Many of us would agree that it is generally the best, most comprehensive, theoretically correct valuation model. It also has an empirical reason to be the best, which is that many of us calculate our discount rates using the Ibbotson data in the SBBI annual yearbooks, which are based on publicly traded stock data.
11/25/2009· Damages
Lost Inventory and Lost Profits Damage Formulas in Litigation
This article arose from an actual litigation. To protect the identity of the parties, I usefictional names.
7/23/2005· Appraisal & Valuation
Problems in the QMDM and Comparison to Economic Components Model...
It seems to me that healthy dialogue among practitioners is a useful tool in facilitating our growth as a profession. It is in that spirit that I wish to respond to my colleague, Chris Mercer’s recent article,[Citation Omitted] wherein he asserts that my misunderstanding of his Quantitative Marketability Discount Model (QMDM) explains the disparity in my results and his in calculating the discount for lack of marketability (DLOM). Accordingly, in this article I will
by Hanny Lightfoot-Klein
by Dr. Paul T. Fogle
by Meyer R. Rosen
