logo about writing tools
teaching data blog

 

 

Corporate Finance: The Compressed, Speeeded up but not Compromised Version

 

This is a compressed corporate finance class, but I will try to cover the entire subject matter in 3 days. I know that this sounds intimidating, especially if you have never taken a corporate finance class before. However, trust me, it is doable. In fact, read this before you go on.

Before you begin

In Class

Session
Readings & Problem Sets
Project Update Quizzes
1,2,3 (Management Objectives & Hurdle Rates) Readings: Chapters 1,2,3,4

Problem Sets:
Management Objectives
(Download solutions in pdf file)
Risk, Return and Hurdle Rates (Download solutions in pdf file)

Parts I-II
Regression
Practice Quiz
Download solution (pdf)
4 (Measuring Investment Returns) Readings: Chapters 5,6

Problem Sets:
Measuring Investment Returns (Download solutions in pdf file)

Parts III
Check your numbers
Rating
Debt value
Levered Beta
WACC
Practice Quiz
Download solution (pdf)
4,5 (Capital Structure) Readings: Chapters 7,8,9

Problem Sets:
Capital Structure: The Choices (Download solutions in pdf file)
Capital Structure: The Optimal Mix (Download solutions in pdf file)

Parts IV-VI

Spreadsheets:
capstru.xls (Unconstrained)
capstruenhanced.xls (Constrained)

Practice Quiz
Download solution (pdf)
6 (Dividend Policy and Valuation) Readings: Chapters 10,11,12

Problem Sets:
Dividend Policy: Framework for Analysis (Download solutions in pdf file)

Parts VII-IX
dividends.xls (Dividends)
fcffginzu.xls (Valuation)
Practice Quiz
Download solution (pdf)
      Practice Final Exam (You don't have one but take this if you want to check whether you get the big picture)

The Project

For examples from the applied corporate finance book as well as solutions, try the supporting sites. The latest edition of the book, which ties in most closely with the notes is the third edition:

ACF3ed

However, if you have the second editiion, it should be close:


And if you don't have the book, the lecture notes will do.