![[기업재무] Boeing 7E7-1](http://images.happyhaksul.com/thumb/506/505685-0001.gif)
![[기업재무] Boeing 7E7-2](http://images.happyhaksul.com/thumb/506/505685-0002.gif)
![[기업재무] Boeing 7E7-3](http://images.happyhaksul.com/thumb/506/505685-0003.gif)
![[기업재무] Boeing 7E7-4](http://images.happyhaksul.com/thumb/506/505685-0004.gif)
![[기업재무] Boeing 7E7-5](http://images.happyhaksul.com/thumb/506/505685-0005.gif)
![[기업재무] Boeing 7E7-6](http://images.happyhaksul.com/thumb/506/505685-0006.gif)
![[기업재무] Boeing 7E7-7](http://images.happyhaksul.com/thumb/506/505685-0007.gif)
![[기업재무] Boeing 7E7-8](http://images.happyhaksul.com/thumb/506/505685-0008.gif)
![[기업재무] Boeing 7E7-9](http://images.happyhaksul.com/thumb/506/505685-0009.gif)
![[기업재무] Boeing 7E7-10](http://images.happyhaksul.com/thumb/506/505685-0010.gif)
![[기업재무] Boeing 7E7-11](http://images.happyhaksul.com/thumb/506/505685-0011.gif)
![[기업재무] Boeing 7E7-12](http://images.happyhaksul.com/thumb/506/505685-0012.gif)
![[기업재무] Boeing 7E7-13](http://images.happyhaksul.com/thumb/506/505685-0013.gif)
![[기업재무] Boeing 7E7-14](http://images.happyhaksul.com/thumb/506/505685-0014.gif)
![[기업재무] Boeing 7E7-15](http://images.happyhaksul.com/thumb/506/505685-0015.gif)
![[기업재무] Boeing 7E7-16](http://images.happyhaksul.com/thumb/506/505685-0016.gif)
![[기업재무] Boeing 7E7-17](http://images.happyhaksul.com/thumb/506/505685-0017.gif)
![[기업재무] Boeing 7E7-18](http://images.happyhaksul.com/thumb/506/505685-0018.gif)
![[기업재무] Boeing 7E7-19](http://images.happyhaksul.com/thumb/506/505685-0019.gif)
![[기업재무] Boeing 7E7-20](http://images.happyhaksul.com/thumb/506/505685-0020.gif)
분야
ppt- Boeing’s current situation
- The project 7E7
2.Analysis on the project
- Weights
- Cost of Debt
- Cost of Equity
- WACC
3.Conclusion & Discussion
- NPV & IRR
Affected airline industry
Fear for terrorist is prevailing
On going War with Iraq
As of March 20, 2003.
Death toll continues to rise
Threats of S.A.R.S
On February 2003
Travel warnings outstanding
APV (Adjusted Present Value) method?
: When there is no target ratio given, text book suggests using APV method instead of using WACC and NPV.
APV = Base-case NPV + PV of financing effect
※Base-case NPV : NPV without debt financing
※Financing effect : Effect of using debt financing
However, APV method needs information about the size of debt financing.
For now, we will use given Market ratio for calculation.
Market ratio : 34.4% of debt, 65.6% of equity
First, the beta. Which beta should we use?
Since the 60 month data and 21 month data is highly skewed due to the events of September 11, 2001 and the subsequent deterioration of the airline industry, We will use data of 60 trading days
