Honestly please continue posting videos. I am a final year accounting student and these are great, I hope future students are able to use these in order to learn at a pace which is possible for anyone! Thank you.
You ARE are THe MAN, was preparing for Finance exam and this was such a great help. The No Taxes doesn't make sense as all companies will have to pay tax unless im missing something. Im assuming its based on assumption that we are living in a world that does not have taxes.
Thank you for making this video! My prof explained this complicatedly that I had no idea what the hell was going on. Now I understand. Thank you so much.
Hi Patrick, thanks for your video which is really helpful. I have a question. In my past study, I was told that WACC is usually used to discount the next five years' cash flow to today, for the perpetual growth, GDP growth rate would be the one to discount the cash flow and get the result of terminal value. What's the difference? Kind of confused Thank you so much!
Dude you are really good at explaining the content.. one thing I reccomend is to speed up the talking.. as a good example i reccomend to check out ACDC Econ.. other than that keep up the great work :)
yes, he explains a simplified version. In reality, if you do a DCF valuation, you use FCFF (free cash flows to firm). Thats: FCFF=(EBIT(1-tax)+ D&A) + Change in OWC - CAPEX
Did a much better job than my Finance professor, thanks for doing this video
I'm paying $4000 for my finance course at UWaterloo but I'm actually learning much more from this video for free...
being an international student be like... sorry my guy
@Meg Fanton Did it really work? I got a autogenerated password that also does not work. Feel scammed
Same hahah - You were taking actsc 372 weren't you
My MBA Finance Professor just made this concept difficult to understand. Thank you for explaining it properly.
Glad it helped!
Honestly please continue posting videos.
I am a final year accounting student and these are great, I hope future students are able to use these in order to learn at a pace which is possible for anyone!
Thank you.
Honestly you are providing a blessing for us finance students around the globe!!! THANK YOUUU
Your lecture are clear and on point and well structured, they are indeed an eye opener. I am blessed to have listened to them
This is much more clear than my prof trying to stretch what should be a 1hr lecture! thanks
haha I hear you....its a fairly complex concept so yea :)
Thank you for the excellent explaining! I learned the concepts here much better than from the class.
I´m from Argentina, and i was able to perfectly understand your explanations about the M&M propositions. Thank you so much, you made it easier !!
Thank you so much for the video! Your step by step explanation really helps me with my Finance exam!
God bless you man! you break down everything so well!
Thank you so much for all your vedios, from India. Saved my time
Very clear and straightforward video. I really enjoying it
Thank you very much for your videos! You are helping a lot of students. Please keep them coming. God bless you!
Very Awesome. Thanks for this video. Super easy to follow and comprehend!
Dude... You are gifted in communication... Thank you for this video
I LOVE YOU THANKS A LOT, I was needing this for my corporate finance lecture. You're the best :)
Thanks :) happy to be of service
You ARE are THe MAN, was preparing for Finance exam and this was such a great help.
The No Taxes doesn't make sense as all companies will have to pay tax unless im missing something.
Im assuming its based on assumption that we are living in a world that does not have taxes.
RIck James this proposition is in a perfect market with perfect competition i.e. no taxes, information asymmetry etc. :)
Sir, you're a life saver! Thank you!!
Love this, Make perfect sense to me.
much better than my finance professor tbh :D
thank you :) glad to help!!
the fact that bro with adidas joggers and a cap teaches better than my prof is crazy.
Thank you for making this video! My prof explained this complicatedly that I had no idea what the hell was going on. Now I understand. Thank you so much.
Glad to hear that!
Hi Patrick, thanks for your video which is really helpful. I have a question. In my past study, I was told that WACC is usually used to discount the next five years' cash flow to today, for the perpetual growth, GDP growth rate would be the one to discount the cash flow and get the result of terminal value. What's the difference? Kind of confused
Thank you so much!
One question should we consider EBITDA instead EBIT
thank you sincerely
Wouldn't one more implication be Re (cost of equity) would increase after recapitalization (levering up) even in MM1 with no taxes?
thank you thank you thank you and thank you! really heps!
Such good videos!!
thank you so much for making it super clear.
very detailed and well explained!
Dude you are really good at explaining the content.. one thing I reccomend is to speed up the talking.. as a good example i reccomend to check out ACDC Econ.. other than that keep up the great work :)
just put 1.25/1-5 speed of youtube
May God bless you!..
You're amazing
Thank u so much! Well explained!
Thanks so much. This was so helpful!
bro getting his boys out the hood (great video my guy)
Instead of using after-tax EBIT, why won’t you just use unlevered free-cash flows?
Awesome stuff, thank you, keep it up
Shouldn't it be..., EBT(1-T) + Interest ?
thanks sir super explanation
Thanks❤
I love you
:)
what is your name you are a good teacher
to get the firm value, shuoldn't we use the free cash flow instead of ebit(1-t)??
I am still trying to understand finance hehe
yes, he explains a simplified version. In reality, if you do a DCF valuation, you use FCFF (free cash flows to firm). Thats: FCFF=(EBIT(1-tax)+ D&A) + Change in OWC - CAPEX
how to thank you.....i dont know...thanks
Bro, you are doing god's work! Keep it up!
great video, but I think most professors are going to want to Free Cash Flow (EBIT (1-t)-investments+depreciation) over WACC.
save my life
Great video although I thought you were going to teach us how to dance... not finance lol
Using EBIT(1-t) is wrong