Capital Market Theory
L0501, L0801, Tuesday 1-3 p.m. and Tuesday 3-5 p.m. in WO35
Louis Florence, M.Sc., MBA, PhD -
905 569 4852
905 569 4302
Tuesday 5-6 p.m. or by appointment - in RT117A
Course Scope and Mission
This is an introductory course of ±nance. The course provides an introduction to the capital
market as well as a framework for analyzing the major types of investment and ±nancial
decisions made by investors. Lectures and readings will provide an introduction to present value
techniques, pricing of stocks and bonds, portfolio theory, and the operation and e
The required textbook is:
L. Booth, and W. S. Cleary, Introduction to Corporate Finance, 2nd edition, John Wiley & Sons
Canada, 2010 (BC, ISBN: 978-0-470-16110-4).
Three optional texts are recommended for this course:
T. E. Copeland, J. F. Weston, and K. Shastri, Financial Theory and Corporate Policy, 4th
edition, Addison-Wesley, 2004 (ISBN: 0-32-112721-8).
C. Holden, Excel Modeling and Estimation in Corporate Finance, 3rd edition, Prentice
Hall, 2008 (ISBN: 0-13-602561-7).
B. Malkiel, A Random Walk Down Wall Street, 11th edition, Norton, 2011 (ISBN: 0-39-
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