Class Meeting Days

Topics

Projects and other Deadlines

Meeting 1
September 4

Chap. 2: Firm Objectives (Slides)

UN Global Compact: Third World Way, July 20, 2007, The Economist (under Firm Objectives)
Making Sense of the Risks Posed by Governance Issues, May 26, 2007, The Economist, p. B3 (under Firm Objectives)

Meeting 2
September 11

Chap. 4: Understanding Financial Statements (Slides)

Chap 4: Problems 11, 14

Meeting 3
September 18

Chap. 5: Value and Price: An Introduction (Slides)

How Much to Invest Overseas? Wall Street Journal, July 21, 2007; Page B2 (In the Risk and Return section)
Chapter 5: 11, 12

Meeting 4
September 25

Chapter 3; Chap. 6: Equity Risk and Expected Return (Slides)

Project on Capital Governance due by email by midnight, Monday, September 29

Meeting 5
October 2

Chapter 6: Equity Risk and Expected Return (Slides; Excel file on diversification);Chapter 7: Estimating Hurdle Rates for Firms (Using the CAPM; Slides)

The Hedge Fund Clones: Wall Street Concocts Products With Fewer Barriers, but Will Returns Match? Wall Street Journal, July 21, 2007; Page B1 (In the Risk and Return section)
Chapter 6: 12, 15

Meeting 6
October 16

Chapter 7: Estimating Hurdle Rates for Firms (Using the CAPM; Slides) (Excel file on Beta Computation)

Equity Valuation Assignment due by email by October 20
Chapter 7: 15, 19

Meeting 7
October 23

Midterm Exam

Exam based on Chapters 2-7

Meeting 8
October 30

Chapter 16: An Overview of Financing Choices

Meeting 9
November 6

Chapter 17: The section on Financing Choices and a Firm's Life Cycle (Slides)

Co-Financing Doesn't Make Movies More Profitable, Business Wire, Dec 13, 2005; see also Choosing to Co-finance -- An Analysis of Project Specific Alliances in the Film Industry (Click on Film Finance)

Meeting 10
November 13

Chapter 18:  The Financing Mix: Tradeoffs and Theory (slides)
Chapter 19: Cost of Capital Approach (Slides)

Venture Loan Gives Software Firm Needed Funding with Fewer Strings, July 30, 2007, Wall Street Journal (Under Capital Structure)
The Cash-Back Mortgage, June 10, 2007, New York Times (Under Capital Structure)

Meeting 11
November 20

Chapter 21: Dividend Policy (slides on Dividend Theory; slides on Dividend Practice)

"Qantas to Create Freight Company, Review Options," WSJ, May 25, 2007.
Chapter 19: 5, 12
Capital Structure Assignment due by email before midnight