A derivative security is a security that depends in a known nonrandom way on some other value (the underlying value). The underlying value can be a stock price, market index, interest rate, commodity price, weather, an outcome of a football game or a hors
Capital Budgeting (CB)
CB is the process of planning for companys purchases of assets whose cash ows continue beyond one year. Management engaged in CB analyzes the protability of various investment projects (e.g., replacing an assembly line, building a n
Selected Slides for First Two Lectures Please note: these are the most important slides from those lectures. Also, these are not lecture notes. These slides are designed to be used together with your lecture notes, not instead of your lecture notes.
George Washington University FINA 124 Fall 2009
Advanced Financial Management http:/savickas.net/124/ Section #: 10 CRN: 80243 Class time: Tuesday and Thursday 14:2015:35 Class room: Funger 223 Professor: Oce: Oce hours: Phone: E-mail: Robert Savickas, Ph