Dr. P.V. Viswanath

pviswanath@pace.edu

P.V . Viswanath's Notes on Finance

Corporate Governance, Strategy and General Issues

• The Objective Function in Corporate Finance
• Efficient Capital Markets and Corporate Finance
• Innovations in Corporate Finance

Valuation

• Present Value
• Risk and Return
• The Capital Asset Pricing Model
• Estimation of Discount Rates
• Perspectives on Diversification
• Overview of Equity Valuation
• Equity Valuation Example
• A State Space Approach to Valuation

Capital Structure

• Capital Structure: Tradeoffs and Theory
• Capital Structure: Models and Applications
• Asset Based Financing: The case of Leasing
• Debt-Equity Ratio Computation
• Debt Overhang

Dividends

• The Determinants of Dividend Policy

Capital Budgeting

• Alternative Investment Rules

Financial Statements

• Understanding Financial Statements
• Earnings Manipulation

Statistical Issues

• A primer on Probability
• A note on Regression Analysis

Portfolio Analysis

• Optimal Portfolio Construction and Selection
• Techniques for Constructing Efficient Portfolios
• Portfolio Performance Evaluation

Investments

• Financial Markets
• Introduction to Bonds
• Valuing Bonds
• Options
• Fixed Income Portfolio Management
• The Determination of Interest Rates
• Types of Orders
• Short Sales and Margin Purchases
• The Term Structure of Interest Rates

International Economics and Finance

• Why Countries Trade
• Operating Exposure
• Exchange Rate Exposure
• The Determination of Exchange Rates
• Foreign Exchange Market Quotes and Inferring Cross Quotes
• Foreign Exchange Market Intervention
• Effects of Devaluation
• Computing the Cost of Capital for Foreign Projects
• Arguments for and against Capital Account Convertibility: The case of India

Financial Strategy

• Capital Structure and Myopia
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