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Appraiser Newsroom - Untitled Article

Appraiser Newsroom

Mr. Beaton h as written and spoken extensively on valuation techniques for companies with complex capital structures and has been a designated member of ASA for 29 years. Mr. Frazier developed the Non Marketable Investment Company Evaluation Method which is featured in the Cost of Capital and VAB6. Keith Sellers, D.B.A.,

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Credit Hedge Funds: Full Guide to the Industry, Strategies, Recruiting, and Careers

Brian DeChesare

Let’s say that Target has a bond with an 8% Yield to Maturity , i.e., you earn an internal rate of return (IRR) of 8% if you buy the bond at its current market price and hold it until maturity. The Walmart bond’s YTM is still 5%, so its market price is the same. So, you long the Target bond and short the Walmart bond.

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