What is Corporate Finance
· The goal of financial management
· The agency problem and control of the corporation
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Financial statement analysis and financial models:
· Financial statement analysis
· Financial performance analysis
Financial models Valuation and capital budgeting:
· Discounted cash flow valuation
· Loan amortization
Valuation and capital budgeting:
· Net present value and other investment rules
· The practice of capital budgeting
Valuation and capital budgeting:
· Making capital investment decision
· Inflation and capital budgeting
Interest rates and bond valuation:
· Bond features
· Valuation of bonds
· Types of bond
· Determinants of bond yields.
Stock valuation :
· Dividend versus capital gains
· Dividend discount model
· Comparing with PE and enterprise value ratios
Return and risk:
· Return and its classification
· CAPM
Return and risk:
· The Arbitrage Pricing Theory
· Risk, cost of capital and valuation
Raising Capital:
· Early stage financing and venture capital
· The announcement of new equity and value of the firm
· The rights and its puzzle
· Dilution
· Shelf registration
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Raising Capital:
· The rights and its puzzle
· Dilution
· Shelf registration
· Leasing
Options, Futures and Corporate Finance:
● Options
● Call options
● Put options
● An option pricing formula
● Option and corporation decision
Options, Futures and Corporate Finance:
● Derivatives and hedging
● Forward contracts
● Future contracts
● Duration hedging
● Swaps
Mergers, Acquisitions and Divestitures:
· The basic forms of acquisitions
· Synergy
· Side effects of acquisition
Mergers, Acquisitions and Divestitures:
· The NPV of a merger
· Friendly versus hostile takeover
· Defensive tactics