Dividend & Stock Repurchases
U.S. Data 1980 - 2003
The Declining Use of Dividends
This figure shows the percentage of U.S. firms each year that made payouts to
shareholders. The shaded regions show the firms that used dividends exclu
From the above table, we could see beta could be different from weekly to
monthly(frequency), or the length of the year(length). The riskiness of the CITI
group Inc. could be positive proportional c
Practice Problems (2)
1.You want to buy a new sports coupe for $43,950, and the finance office at
the dealership has quoted you a 14.3 percent APR (Annual Percentage Rate)
loan for 60 months to buy the car. What will your monthly payments be?
What is the
The Corporation and
The Financial Manager
The Role of the Financial Manager
What is a Corporation?
Who is the Financial Manager?
Careers in Finance
Goals of the Corporation
The Role of The Financial Manager
1. Capital Bu
Investment Decision II
- under Uncertainty
Decision under Uncertainty
Break Even Analysis
Real Options and the Value of Flexibility
Option to expand
Option to de
Why Does Market Exist?
Functions of Financial Markets
The Introduction of Financial Markets
The Flow of Savings to Corporations
(Direct Financing and Indirect Financing)
Market definition: Marketing is the process by which companies create value for customers and society, resulting in strong
customer relationships that capture value from the customers in return.
Marketing process: Understand the marketplace and customer n