Corporate Finance
（许志）
课程概述
Students study the following broad questions. How should a firm decide whether to invest in a new project? How much debt and equity should a firm use to finance its activities? How should a firm pay its investors? How do taxes affect a firm’s investment and financing decisions? What determines the value of a firm? After studying this course, students will have the capabilities to answer those questions and issue valuation reports for a company.
课程大纲
1.Introduction
1.1 What is the Corporate Finance?
1.2 What is the goal of a corporation?
Quiz 1
2. Introduction of Investment Decisions
2.1 Time Value of Money
2.2 The Application of Time Value of Money
3.Methods of Investment Decisions
3.1 Investment Criteria
3.2 Some Special Cases
Quiz 3
4. Applications of Investment Decisions
4.1 Identifying and Estimating a Project's Cash Flows
4.2 Estimating the Cost of Capital
Quiz 4
5.Theory of Financing Decisions I
5.1 The Introduction of Capital Structure Problems
5.2 Modigliani-Miller Theorem Without Taxes
5.3 Modigliani-Miller Theorem With Taxes
Quiz 5
6.Theory of Financing Decisions II
6.1 Financial Distress and the Trade-off Theory
6.2 Agency Problems and the Trade-off Theory
6.3 Information Asymmetry and the Pecking Order Theory
Quiz 6
7.Capital Budgeting and Valuation with Leverage
7.1 The Weighted Average Cost of Capital Method (WACC)
7.2 The Adjusted Present Value Method (APV)
7.3 The Flow-to-Equity Method (FTE)
7.4 Summary
Quiz 7
课程链接：点击进入
