|
Class Meeting Week and Days |
Topics
|
Projects
and other Deadlines |
Week 1
September 3, 8 |
Chapter 29 Corporate Governance (Slides) |
Making
Sense of the Risks Posed by Governance Issues, May
26, 2007, The Economist, p. B3 |
Week 2
September 10, 15 |
Chap. 2 Financial Statement Analysis (Slides) |
Analysts
Like Hologic + Cytyc, But Market is Wary
Look at Hologic's Financial Statements (latest 10K can be found
by going to http://finance.yahoo.com and looking at HOLX's SEC filings),
particularly its operating leases (p. 56 of 10K filing for year
ending Sept. 2006).
|
Week 3
September 17, 22 |
Chapter 4: The Time Value of Money (Slides) |
Try to compute cashflows for Hologic, using financial data from
Yahoo or 10Ks.
|
Week 4
September 24, 29 |
Chapter 7: Fundamentals of Capital Budgeting |
Currency
Funds Spur Indexes, WSJ article, May 30, 2007.
|
Week 5
October 1 (no class), October 6 |
Chapter 9, Chapter 10, Valuing Stocks; Capital Markets and the Pricing of Risk (Slides; Excel file on diversification ) |
|
Week 6
October 8, 13 |
Chapter 12 The Capital Asset Pricing Model |
Project
on Capital Governance due by email by midnight |
Week 7
October 15 (no class), October 20 |
Chapter 13 Alternative Models of Systematic Risk
(Slides; Excel file on Beta Computation) |
Exam
based on Chapters 2-7 |
Week 8
October 22 (no class), October 27 |
Estimating Hurdle Rates for Firms (contd.) |
Latest
Trend in Big Buyouts: Blend of Public, Private Traits, Wall Street
Journal, May 22, 2007; Page C1 |
Week 9
October 29, November 3 |
Estimating Hurdle Rates for Firms (contd.) |
What's
so great about private equity? WSJ article, Nov. 27, 2006
|
Week 10
November 5, 10 |
Chapter 23 The Mechanics of Raising Equity Capital |
|
Week 11
November 12, 17 |
Chapter 24 Debt Financing |
"Qantas
to Create Freight Company, Review Options," WSJ, May 25, 2007.
Capital Structure
Assignment due by email before midnight |
Week 12
November 19, 24 |
Chapter 14, 15 Capital Structure in a Perfect Market; Debt and Taxes (slides) |
Exam
(Chapters 16, 17, 18 and 21) based on Capital
Structure
and Dividend Policy.
|
Week 13
November 26, December 1 |
Chapter 16 Financial Distress, Managerial Incentives, and Information (slides) |
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Week 14
December 3, 8 |
Chapter 17: Payout Policy |
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Final Exam |
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