To
use financial statements to evaluate an
organisations
Financial performance
Financial position.
To
have a means of comparative analysis across
time in terms of:
Intra-company basis (within the company itself)
Intercompany basis (between companies)
In
20-Nov-13
1.
2.
3.
4.
1.
2.
3.
4.
Understand the nature of the Capital
Structure
Understand the effect of financial leverage
on the cost of equity
Understand M&M Propositions I and II with
corporate taxes
Understand the impact of corporate taxes
and bankr
20-Nov-13
1.
2.
3.
4.
Understand the nature of the Dividend
Policy decision
Understand issues surrounding dividend
policy decisions
Understand difference between cash and
stock dividends
Understand share repurchases as an
alternative to dividends
Cash
Di
20-Nov-13
Making Capital Investment
Decisions
Know
how to determine the relevant cash flows
for a proposed project
Know how to determine if a project is
acceptable
1
Project Cash Flows: A First Look
Incremental Cash Flows
Project Cash Flows
More on Proj
20-Nov-13
1.
2.
3.
4.
5.
Understand the methods used to
estimate a firms cost of equity capital
Know how to determine a firms cost of
debt
Know how to determine a firms overall
cost of capital (the weighted average
cost of capital or WACC)
Divisional and
20-Nov-13
Introduction to
Corporate Finance
0
1. Know the basic types of financial
management decisions and the role of the
financial manager
2. Know the financial implications of the
different forms of business organization
3. Know the goal of financial
FINANCIAL MARKETS & PRODUCTS
FIXED-INCOME DERIVATIVES
DR NGUYEN THI THUY LINH
LINH.NGUYEN@UEH.EDU.VN
WWW.BANKINGFINANCE.INFO
Agenda
1.
2.
3.
4.
5.
2
Introduction
Derivatives and Risks
Types of derivatives
Participants in the derivatives world
Uses of der
Understand
interest rates
bond features
Know how to evaluate bond
Understand
Interest
rates and Bond Features
Different Types of Bonds
Valuing bonds
Bond Ratings
Inflation and Interest Rates
Determinants of Bond Yields
Some
A bond is a debt (borr
20-Nov-13
Net Present Value and
Other Investment Criteria
Be
able to compute payback and discounted
payback and understand their shortcomings
Understand accounting rates of return and
their shortcomings
Be able to compute the Profitability Index
and un
READING
Discounted Cash Flow Applications
by Richard A. DePusco, CPA, Dennis W. McLeavey, CPA, Jerald P. Pinto,
CPA, and David E. Runkie, CPA
LEARNING OUTCOMES
Mastery The candidate should be able to:
D a calculate and interpret the net present value (N
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CHAPTER 20
SPSS Hierarchical Clustering
The following are the detailed steps for running hierarchical cluster analysis on
attitudinal data (V1 to V6) of Table 20.1.
CHAPTER 20
SPSS K-Means Clustering
The following are the detailed steps for running nonhierarchical (K-Means) cluster
analysis on attitudinal data (V1 to V6) of Table 20.1.
CHAPTER 20
SPSS TwoStep Clustering
The following are the detailed steps for running TwoStep cluster analysis on attitudinal
data (V1 to V6) of Table 20.1.
Corporate Finance
UNIT GUIDE
May 2015 Semester
Lecture Information
Time & Venue: AM: 08:00-11:15. Mondays and Wednesdays. 17 Pham Ngoc Thach Street,
District 3; Rooms: 1.01, 2.01, 3.01
Pre-requisites: Microeconomics, and Principles of Accounting
Teaching
Topical Review for Final Exam in Corporation Finance Fall 2012
Fundamental Concepts in Finance Financial Statements, Financial Markets, Financial Ratios, Taxes
and Time Value of Money
Differences between an Income Statement versus a Balance Sheet
Advantag
CORPORATE FINANCE
REVIEW FOR FIRST QUIZ
Aswath Damodaran
Basic Skills Needed
What are the potenDal conicts of interest that underlie a business
and how do they manifest themselves in pracDce?
Can you read a regressi
1.
2.
3.
4.
5.
6.
7.
8.
Know how to calculate the return on an investment
Understand that different asset classes earn a level of
return which reflect their level of risk: risk-return
trade-off
Understand that variability of returns (risk) means
there is
Tutorial Exercise
Facts:
Bill Gates
Life expectancy: 82 years of age
He spends half his wealth on charitable causes, half on himself
Assume he owns 20% of Microsoft Corporation
Task:
How much can he spend on himself each year for the rest of his life if h
Subject Name
Lecturers Name
Title of Assignment
Class
Group Number
Student Number and Name
Corporate Finance
Leslie Moyan
Group Assignment
BBUS
2
1. 31131022342 Pham Minh Hieu
2. 31131023424 Tran Mai Minh Hoa
3. 31131023357 Dang Hoang Long
Contact Number
CHAPTER 2
FINANCIAL STATEMENTS AND CASH
FLOW
Answers to Concepts Review and Critical Thinking Questions
1.
True. Every asset can be converted to cash at some price. However, when we are referring to a liquid
asset, the added assumption that the asset can
Week 12 M&M Tutorial Questions.
Discussion Questions
1. M & Ms dividend irrelevance proposition is based on what four assumptions?
2. Why is dividend policy relevant?
3. Demonstrate your knowledge of M & Ms three (3) propositions. Use graphs and equations
1
Instructor
Leslie Moyan
lesliemoyanisb@gmail.com
Assessment
See Syllabus
Mid-Term - Week 7 - 20% MCQs
Group Assignment Week 14 - 20%
Final Exam - Week 15 50% - MCQs, short
answer, problems written and calculations
Class attendance 10%
Why study fin
CHAPTER 9
FINANCIAL STATEMENT
ANALYSIS
LEARNING OUTCOMES
Aer completing this chapter, you will be able to do the fbllowing:
o Interpret common-size balance sheets and common-size income statements and demon-
strate their use by applying either vertical an
LM
Chapter 15
Tutorial Questions
Capital surplus
Question 1.
Suppose 100 shares of common stock have a par value of $2 each and are
sold to shareholders for $10 per share.
Calculate the capital surplus.
What difference does it make if the total capital co
Topic 4
Capital Budgeting - part 1
What is capital budgeting?
Analysis of potential additions to fixed assets.
Long-term decisions; involve large expenditures.
Very important to firms future.
Methods of Project Evaluation
1. Non-discounted
cash flow m
VALUATION BONDS
Question 1
A debt security has four years to maturity, pays $1000 in annual interest and has a
face value of $10,000. The required rates of return are 4% for the first year, 6% for
the second year, 3% for the third year and 5% for the four
Subject Name
Lecturers Name
Title of Assignment
Class
Group Number
Student Number and Name
Corporate Finance
Leslie Moyan
Group Assignment
BBUS
2
1. 31131022342 Pham Minh Hieu
2. 31131023424 Tran Mai Minh Hoa
3. 31131023357 Dang Hoang Long
Contact Number