Author Profile
Schill, Michael
Credit Analysis Basics
F-1898 | Published March 09, 2020 | 11 pages Technical Note
Collection: Darden School of Business
Capital markets facilitate the appropriate exchange of money. For lenders and borrowers, the interest rate is the primary pricing mechanism that markets use in this exchange. For borrowers deemed to h... Read More
A Primer on Risk-Free Bonds
F-1861 | Published February 01, 2019 | 14 pages Technical Note
Collection: Darden School of Business
This note explores the first principles of pricing financial contracts. Debt contracts go by many names, but the term bond is used in this note to denote any market-traded debt contract. The note is ... Read More
Discounted Cash Flow Analysis
F-1728 | Published January 16, 2015 | 11 pages Technical Note
Collection: Darden School of Business
This technical note outlines the principles and application of proper discounted cash flow (DCF) analysis in the context of evaluating business investment projects. The note provides several specific ... Read More
Business Performance Evaluation: Approaches for Thoughtful Forecasting
F-1490 | Published December 08, 2005 | 17 pages Technical Note
Collection: Darden School of Business
This note provides an introduction to financial ratios and financial forecasting. It examines principles in the art and science of thoughtful financial forecasting. In particular, it reviews the impor... Read More