PV = Σ CFₜ / (1 + r)ᵗE[Rᵢ] = r_f + βᵢ (E[Rₘ] − r_f)WACC = (E/V)·rₑ + (D/V)·r_d·(1 − T)P₀ = D₁ / (r − g)C = S·N(d₁) − K·e^(−rT)·N(d₂)EV = Σ FCFFₜ / (1 + WACC)ᵗ + TVβₗ = β_u · [1 + (1 − T)·(D/E)]PV = Σ CFₜ / (1 + r)ᵗE[Rᵢ] = r_f + βᵢ (E[Rₘ] − r_f)WACC = (E/V)·rₑ + (D/V)·r_d·(1 − T)P₀ = D₁ / (r − g)C = S·N(d₁) − K·e^(−rT)·N(d₂)EV = Σ FCFFₜ / (1 + WACC)ᵗ + TVβₗ = β_u · [1 + (1 − T)·(D/E)]PV = Σ CFₜ / (1 + r)ᵗE[Rᵢ] = r_f + βᵢ (E[Rₘ] − r_f)WACC = (E/V)·rₑ + (D/V)·r_d·(1 − T)P₀ = D₁ / (r − g)C = S·N(d₁) − K·e^(−rT)·N(d₂)EV = Σ FCFFₜ / (1 + WACC)ᵗ + TVβₗ = β_u · [1 + (1 − T)·(D/E)]PV = Σ CFₜ / (1 + r)ᵗE[Rᵢ] = r_f + βᵢ (E[Rₘ] − r_f)WACC = (E/V)·rₑ + (D/V)·r_d·(1 − T)P₀ = D₁ / (r − g)C = S·N(d₁) − K·e^(−rT)·N(d₂)EV = Σ FCFFₜ / (1 + WACC)ᵗ + TVβₗ = β_u · [1 + (1 − T)·(D/E)]PV = Σ CFₜ / (1 + r)ᵗE[Rᵢ] = r_f + βᵢ (E[Rₘ] − r_f)WACC = (E/V)·rₑ + (D/V)·r_d·(1 − T)P₀ = D₁ / (r − g)C = S·N(d₁) − K·e^(−rT)·N(d₂)EV = Σ FCFFₜ / (1 + WACC)ᵗ + TVβₗ = β_u · [1 + (1 − T)·(D/E)]PV = Σ CFₜ / (1 + r)ᵗE[Rᵢ] = r_f + βᵢ (E[Rₘ] − r_f)WACC = (E/V)·rₑ + (D/V)·r_d·(1 − T)P₀ = D₁ / (r − g)C = S·N(d₁) − K·e^(−rT)·N(d₂)EV = Σ FCFFₜ / (1 + WACC)ᵗ + TVβₗ = β_u · [1 + (1 − T)·(D/E)]PV = Σ CFₜ / (1 + r)ᵗE[Rᵢ] = r_f + βᵢ (E[Rₘ] − r_f)WACC = (E/V)·rₑ + (D/V)·r_d·(1 − T)P₀ = D₁ / (r − g)C = S·N(d₁) − K·e^(−rT)·N(d₂)EV = Σ FCFFₜ / (1 + WACC)ᵗ + TVβₗ = β_u · [1 + (1 − T)·(D/E)]PV = Σ CFₜ / (1 + r)ᵗE[Rᵢ] = r_f + βᵢ (E[Rₘ] − r_f)WACC = (E/V)·rₑ + (D/V)·r_d·(1 − T)P₀ = D₁ / (r − g)C = S·N(d₁) − K·e^(−rT)·N(d₂)EV = Σ FCFFₜ / (1 + WACC)ᵗ + TVβₗ = β_u · [1 + (1 − T)·(D/E)]

Financial Economics · Expert Witness

Professor Mark Zmijewski

(zmee‑yev‑skee)

The Charles T. Horngren Professor of Accounting Emeritus at The University of Chicago Booth School of Business and Senior Consultant at Econic Partners. During his more than 30-year tenure at Booth, he previously held the Charles T. Horngren Professorship, the Leon Carroll Marshall Professorship, as well as serving as the Deputy Dean, Associate Dean for PhD Studies, and Faculty Director of the Center for Research in Security Prices (CRSP).

Professor Zmijewski is a leading consultant and testifying expert specializing in accounting, economics, and finance, applied to valuation, financial analysis, and security analysis. He brings decades of experience on mergers and acquisitions, antitrust proceedings, bankruptcy and solvency matters, securities litigation, and corporate transactions.

Professor Mark Zmijewski, University of Chicago Booth School of Business — Professor Mark Zmijewski · Chicago Booth