Evolving Investment Opportunities Investable assets are generally defined as those assets which produce cash flows. “Intrinsic value” of asset represents the present value of futu… 2024-12-20 Evolving Investment Opportunities Equity Equity is the least protected asset in a capital structure. The rights of shareholders are basically limited to the following three types of rights: … Equity Debt/Bond “Kill not the goose that lays the golden egg” Seeking for stable predictable cash flows is the principle investment objective. In this strategy, … Debt/Bond