Financial Valuation: Applications and Models, Book + Website, 5th Edition About the Editor xvii About the Authors xix Acknowledgments xxxv Preface xxxvii CHAPTER 1 Introduction to Financial Valuation 1 CHAPTER 2 Standards of Value 131 CHAPTER 3 Research and Its Presentation 163 CHAPTER 4 Financial Statement and Company Risk Analysis 181 CHAPTER 5 Income Approach 219 CHAPTER 6 Cost of Capital/Rates of Return 291 CHAPTER 7 International Cost of Capital 377 CHAPTER 8 Market Approach 403 CHAPTER 9 Asset Approach 455 CHAPTER 10 Valuation Discounts and Premiums 507 CHAPTER 11 Addendum--Sample Valuation Report 617 CHAPTER 12 Business Valuation Standards 709 CHAPTER 13 Valuation of Pass-Through Entities 737 CHAPTER 14 Estate, Gift, and Income Tax Valuations 777 CHAPTER 15 Valuation of Family Limited Partnerships 821 CHAPTER 16 Summary of Tax Court Case Valuation Issues 877 CHAPTER 17 Shareholder Disputes 881 CHAPTER 18 Employee Stock Ownership Plans 915 CHAPTER 19 Valuation in the Divorce Setting 951 CHAPTER 20 Valuation Issues in Small Businesses 977 CHAPTER 21 Valuation Issues in Professional Practices 993 CHAPTER 22 Reasonable Compensation 1015 CHAPTER 23 The Valuator as Expert Witness 1039 CHAPTER 24 Fair Value Measurement and the Valuation of Intangible Assets 1059 CHAPTER 25 Marketing, Managing, and Making Money in a Valuation Services Group 1139 CHAPTER 26 Business Damages 1141 CHAPTER 27 Other Valuation Service Areas 1175 CHAPTER 28 Valuation of Healthcare Service Businesses 1181 CHAPTER 29 Determination of Compensation in the Healthcare Industry 1235 CHAPTER 30 Special Industry Valuations 1245 CHAPTER 31 Buy-Sell Agreements 1303 CHAPTER 32 Valuation Views and Controversial Issues: an Illustration 1335 About the Website 1453 Index 1457 Financial Valuation Workbook: Step-by-Step Exercises and Tests to Help You Master Financial Valuation, 5th Edition Preface ix Acknowledgments xi About the Author xiii CHAPTER 1 Valuation Case Study Exercises 1 1.14 Addendum: Discount Case Study Exercises 90 CHAPTER 2 Valuation Case Study Exercises: Solutions and Explanations 93 2.1 Addendum: Discount Case Study Exercises 127 CHAPTER 3 Financial Valuation Applications and Models Companion Exercises and Test Questions 129 Answer Grid 173 CHAPTER 4 ValTips 183 CHAPTER 5 Income Approach Valuation Process Flowchart 223 CHAPTER 6 Marketing, Managing, and Making Money in Valuation Services 233 CHAPTER 7 Practice Management Workflow Procedures 259 CHAPTER 8 Checklists 313 About the Website 435 Index 437.