Define each of the following terms: a. Assets-in-place; growth options; nonoperating assets b. Net operating working capital;

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Define each of the following terms:
a. Assets-in-place; growth options; nonoperating assets
b. Net operating working capital; operating capital; NOPAT; free cash flow
c. Value of operations; horizon value; corporate valuation model
d. Value-based management; value drivers; EROIC
e. Managerial entrenchment; nonpecuniary benefits
f. Greenmail; poison pills; restricted voting rights
g. Stock option; ESOP

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Corporate Finance A Focused Approach

ISBN: 978-1439078082

4th Edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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