Session 8: Cost of Capital Wrap-up and First Steps on Cash flows
Podcast: Aswath Damodaran · Aswath Damodaran
Opublikowano: 2026-10-21
Intros class, we started debt ratios for companies and how to deal with hybrid securities.. If you are interested in getting updated default spreads (on the cheap or free), try the Federal Reserve site in St. Louis: https://fred.stlouisfed.org These are spreads on indices created by rating, updated daily. Neat, right? We started on our discussion of cash flows, by laying out the big differences between earnings and cash flows, and why getting earnings updated and cleaned up is a necessary first step. In particular, we went through the process of converting an operating expense...