This six session corporate finance class was taped in January 2013.
You can get the supporting lecture notes by clicking on the pdf files
below - the pages covered by each lecture are provided next to each
lecture. The
quality of the video and audio leaves much to be desired but it will
get better over time. For the syllabus and other details,
visit the home
page for the class. This page will include the webcasts from the current
class and clicking on the link below will allow you to print off the lecture
notes that are used for this class.
Lecture notes for these sessions
| Session (Click here) | Topics covered | Lecture notes |
Session
1
|
Introduction to Class The Objective Function in Corporate Finance Baby steps with risk - What is risk? - The basic risk and return models |
Page 1-20 |
Session
2 |
Using risk and return models - The riskfree rate - The equity risk premium - Betas and the return regression |
Page 21-55 |
Session
3 |
More on regression betas Determinants of betas Bottom up betas |
Page 56-76 |
Session
4 |
Betats and costs of equity for private companies What is debt? The cost of debt and capital Investment Analysis - Basis for measuring returns - Accounting returns for projects |
Page 77-111 |
Session
5 |
From earnings to cash flows From cash flows to incremental cash flows Time weighted incremental cash flows (NPV and IRR) Sensitivity analyses and side costs The trade off on debt Optimizing the financing mix: The cost of capital approach |
Page 112- 156 |
Session
6 |
Determinants of the optimal Moving to the optimal debt ratio The Right Type of debt for your company Dividend Policy - Broad trends - The trade off on dividends |
Page 157-215 |
| Add on session Webcast |
Assessing Dividend Policy |
Page |