Theory of Finance

3 credits · Undergraduate

This course is designed to complement other finance courses. Topics include time value of money, valuation of stocks, bonds, and derivative securities (including structured products such as defaultable bonds and credit default swaps), portfolio theory and equilibrium pricing models, portfolio investment and performance analysis, capital budgeting with real options, and capital structure theory. All theoretical models will be implemented using Excel. PREREQUISITES: COMM 2203.03 FORMATS: Seminar