free cash flow 中文意思是什麼
free cash flow
解釋
活動現金流-
Chapter three analyses the suitable pricing model of our country ' s mbs, and by studying secular trend and fluctuation of risk free interest rate and the term structure of interest rate of national debt, i propose an option model based on floating interest rate mbs which will be issued in our country. next, cash flow current value method is used to carry out the empirical test
第三章分析了適合我國住房抵押支持證券的定價模型，通過研究我國無風險利率長期趨勢值、波動性以及國債利率期限結構，提出我國發行浮動利率抵押支持證券的期權定價模型，並應用現金流現值定價法對我國發行固定利率住房抵押傳遞證券的定價進行實例分析。 -
The cash flow shall be, during the process of fair transaction between parties that are familiar with the situation on their own free will, the amount expected to obtain from or pay for the disposal of the asset minus the expected disposal expenses
該現金流量應當是在公平交易中，熟悉情況的交易雙方自願進行交易時，企業預期可從資產的處置中獲取或者支付的、減去預計處置費用后的金額。 -
As the project loan was long term and subject to kinds of risks, it was safe for the loaner to note the uncertainties, and we suggested the loaner to take such methods as noting whther the investor can satisfy the foreign govenunent loan condition and extend the project ' s goods source from duty free goods to both duty free and duty paid goods, the investor ' s capacity to nm the harbo, the nearby wr ' s competition for the source of goods, and making sure the cash flow of the harbor will be used to pay the loan, and raising a mortgag on the project
由於貸款期限長不確定因素多，為了有效控制風險，建議貸款人在做出貸款承諾前，要求投資方明確項目建設方案，提供未來碼頭經營方案或設想，並爭取將本項目的貨源范圍由保稅貨物擴大到非保稅貨物；此外貸款人碼頭項目貸款的調查報告可採取必要措施確保碼頭經營收入專項用於償還貸款，並考慮以碼頭在建工程設定抵押。 -
By using the business valuation methods that widely adopted in the world, the thesis analyzes the banking valuation theories and methods comparatively, such as the comparative model, discount model of free cash flow ( dcf ), option pricing model and three - factor pricing model. in view of the real situation of chinese banks, the thesis also discussed the applicability of these models
然後對目前國內外普遍採用的企業價值評估方法對銀行價值評估的理論進行了綜合比較，具體分析了相對估價法、現金流折現法（ dcf ） 、期權定價法和「三要素」定價法的基本模型及其擴展，並結合我國的實際情況，對各種方法的適用性進行了探討。 -
An increase in bank loans increases the size of managerial perks and free cash flow
在我國，債務融資非但沒有提升公司治理，反而擴大了經理的代理成本。 -
Under the circumstance of some venture, maximizing corporate value mainly depends on maximizing corporate free cash flow
在企業風險既定條件下，企業價值最大化主要取決于企業現金流量的最大化。 -
Jensen, michael c., agency costs of free cash flow, corporate finance, and takeover, american economic review, may 1978
汪平著， 《財務估價論? ?現金流量與企業價值研究》 ，上海財經大學出版社， 2000年第1版。 -
With a strong theoretical basis, the paper reasoned rigorously. apart from the input of the cash flow statement bearing on the subjective estimation of decision - makers, the reasoning procedure is free from the intervention of decision - makers, therefore, it turned out a true and reliable solution
理論性強，推理嚴謹，除了必要的現金流量表的輸入與決策者的主觀估計有關外，推理過程並無決策者的主觀看法干涉，求解結果真實可信。
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