Corporate Finance

3 units

This course will cover financial theory, paying particular attention to the capital structure of corporations. The initial part of the course will introduce finance theory. Concepts to be covered include: discounting, present value, portfolio theory and capital asset pricing, the efficient capital market hypothesis, and behavioral finance. Subsequent parts of the course will use the theoretical foundation to understand corporate capital structures and capitalization decisions and to suggest ways for effective corporate planning. Regular attendance and preparation are expected. Students who take this course are also eligible to take Corporate Finance Planning & Drafting. There will be an open-book final exam.