|The purpose of this course is to provide you with an understanding of major decisions made by corporate financial managers and to familiarize you with the tools used to make these decisions. The first part of the course covers methods used to value investment projects. Particular attention will be given to the weighted-average cost of capital (WACC) and adjusted present value (APV) methods. The next part of the course focuses on issues of corporate financial structure. The focus will be on the choice of financing through equity, debt and other types of securities and on payout policies through dividends. Specialized topics, such as mergers and acquisitions, corporate hedging, bankruptcy and real options will be covered as time permits. The format is primarily lecture, but some cases will be discussed. A detailed syllabus will be posted on my web site and on the University's Blackboard (Chalk) web site as soon as it is available.|
|Berk and DeMarzo, Corporate Finance; selected cases and readings. The syllabus along with the cases and readings will be posted on Chalk. Please read the syllabus and do the assigned readings before the first class.|
|Based on cases, problem sets, midterm exam, final exam and class participation. Cannot be taken pass/fail No auditors.|
|Business 30000, 33001, 35000 (strict), and 41000 or 41100. Business 35000 is a strict prerequisite and cannot be taken concurrently.
Description and/or course criteria last updated: 08/20/2013
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