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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: AK2004 who wrote (28705)2/23/1998 6:28:00 PM
From: Reginald Middleton  Read Replies (2) | Respond to of 1572633
 
<BTW how do you do your discounting that is either using deterministic model (with your personal state of the art assumption, no doubt :-)) ) or stochastic which also using your personal assumptions :-)). If it stochastic then I would like to hear about the process and why it was set like that. If it is deterministic then I would just love to hear about your assumptions.>

I use modified DCF, which relies on the concepts set forth in the CAPM model of over 30 years ago. It is taught in all major business schools and is nothing fancy. I extend it with APM (arbitrage pricing model), economic profit for periodic performance measures, and proprietary statistical analysis to determing the cost of capital for private instituions. I reconstruct structured products with my own suite of option analyitics vanilla and exotic, so as not to rely on the accuracy of auditors.

Feel free to look for yourself - rcmfinancial.com .

Deterministic and stochastic are terms for discussion outside of this area. We are dealing in corporate valuation, remember?