Life Cycle Model
1
Life Cycle Model is a conceptual paradigm that instructs us to understand how to spend
& save our income & assets each year
The expected path: you save when you are young and workin
Human Capital
Human Capital (HC)
measuring the value of one's life
the largest asset, tangible or intangible for most people
measures your income generation potential
occupation
education
health - lon
Keeping Score
Organizing your finances
Types of Financial Records
Receipts
Billing statements
tax records
insurance policies
investment info
bank account statements
legal docs (marriage certificates,
Southern Methodist University
The Cox School of Business
FINA 6205
Dr. Darius P. Miller
Finance
Midterm Exam Version A
Name (Print)_
Date_
Instructions:
1. Please Do Not Unstaple your exam.
2. Remove
Lectures 16: More Bayesian Games
1
Recap
each player has a set of possible types; a player knows his own type, but the other players have a
(common) belief, i.e. probability distribution, about it
eac
Finishing Lecture 22: Recap
we were looking at a game where the incumbent, P1, already has a
business
if he remains alone in the market, he gets monopoly prot 5 each
period
but in each of periods 1 an
Optional Handout: Strictly Dominated Strategies = Never-Best
Responses
This handout provides a proof of our claim in class: an action is strictly dominated
if and only if it is a never-best response.
Econ 459: Problem Set 1
due Friday, Feb 3
1. In each of the games below, calculate each players best response correspondence, and nd
all NE.
0
1
H
D
0; 0 3; 1 N A
(a) @ H
D 1; 3 N
1; 1
Answer: P1s bes
Econ 459: Problem Set 1
due Friday, Feb 3
1. In each of the games below, calculate each players best response correspondence, and nd
all NE.
0
1
H
D
(a) @ H 0; 0 3; 1 A
D 1; 3 1; 1
0
1
C
D
2; 2
1; 3 A
Writing Assignment #4
Collin Weilage
Business Communication
1 April 2017
First we were broken up into 4 groups of 4 and then went to our workstations. Next we
had to get together and figure out what t
MyFinanceLab
Student Guide
Illustration by Lauren Rolwing
MAKING THE MOST OF YOUR MYLAB EXPERIENCE
Welcome to Pearsons MyFinanceLab! Did you know that over 42 million students have
used a Pearson MyLa
Formula Sheet
(Midterm)
Class 1-A (Introduction to Finance)
Balance Sheet Identity:
Class 1-B (Time Value of Money)
Future Value of a Cash Flow:
1
Present Value of a Cash Flow:
1
Present Value of a Ca
Bond Valuation
Professor Amar Gande
FINA 6201: Class 3-A
Outline
Bond Valuation
Zero Coupon Bonds
Yield to Maturity
Terminology
Coupon Bonds
Premiums and Discounts
Interest Rate Changes and Bond Pric
Bond Valuation - Continued
Professor Amar Gande
FINA 6201: Class 3-B
Outline
Bond Valuation - Continued
Yield Curve and Bond Arbitrage
Yield Curve and Forward Rates
Interest Rate Changes and Bond Pri
Time Value of Money - Continued
Professor Amar Gande
FINA 6201: Class 2-A
Outline
Time Value of Money - Continued.
Perpetuities & Annuities.
Next: Interest Rates.
Gande (Class 2-A)
2
4.3 Valuing a
Interest Rates
Professor Amar Gande
FINA 6201: Class 2-B
Outline
Interest Rates.
EAR versus APR
Equivalent n-period (e.g., 1-month) discount rate
How to derive EAR given APR
Investment and interest r
Investment Decision Rules
Professor Amar Gande
FINA 6201: Class 4-A
Outline
Investment Decision Rules
Net Present Value (NPV)
Internal Rate of Return (IRR)
Payback
Profitability Index
Optimal combin
FINA 4325
Firm Valuation
Professor Nathan Walcott
November 18, 2013
FINA 4325
Objective of managers at a firm
Maximize Shareholder Wealth
Maximize Firm Value (Debt + Equity)
Where:
Firm Value = PV of
FINA 4325
Capital Structure Theory
Professor Nathan Walcott
October 7, 2013
FINA 4325
Objective of managers at a firm
Maximize Shareholder Wealth
Maximize Firm Value (Debt + Equity)
FINA 4325
Financin
FINA 4325
Cost of Capital
Professor Nathan Walcott
October 28, 2013
FINA 4325
Objective of managers at a firm
Maximize Shareholder Wealth
Maximize Firm Value (Debt + Equity)
FINA 4325
Maximizing firm
FINA 4325
Payout Policy Theory
Professor Nathan Walcott
September 25, 2013
FINA 4325
Payout Policy
What do we mean when we say payout policy?
How firms distribute cash back to
shareholders
There are m
FINA 4325
Capital Budgeting
Professor Nathan Walcott
September 16, 2013
FINA 4325
What is capital budgeting?
Debt
Assets
Financial
Manager
Equity
Capital Budgeting
Decision
Financing
Decision
FINA 432
FINA 4325
Pro-forma financial statements
Professor Nathan Walcott
September 4, 2013
FINA 4325
Using FSA as a planning tool
FSA allows us to gauge the performance, health, and
management of a firm thro
FINA 4325
Financial Statement Analysis (2)
August 28, 2013
Professor Nathan Walcott
Fall 2013
FINA 4325
Performance Ratios
Return
on Equity (ROE): profit generated per dollar
of equity investment
Pro
FINA 4325
Advanced Financial Management
Professor Nathan Walcott
Fall 2013
FINA 4325
Financial Statement Analysis (FSA)
What is financial statement analysis?
FINA 4325
Who might use FSA?
Investors:
Midterm Exam #2
Finance 3320
July 22, 2015
Name:
Exam Instructions:
This exam should have 8 pages (including this one) and 7 questions. The point
value is given for each problem. The entire exam is w
11:00am
Midterm Exam #2
Finance 3320
March 29, 2016
Name:
Exam Instructions:
This exam should have 8 pages (including this one) and 6 questions. The
point value is given for each problem. The entire