Web Casts: Executive Corporate Finance - January 2008

This six session corporate finance class was taped in January 2008 and the lectures will be available as Real Player files (You can download Real Player for free by going to http://www.real.com). You can get the supporting lecture notes by clicking on the pdf files below - the pages covered by each lecture are provided next to each lecture. The quality of the video and audio leaves much to be desired but it will get better over time. For the syllabus and other details, visit the home page for the class. This page will include the webcasts from the current class and clicking on the link below will allow you to print off the lecture notes that are used for this class.
Lecture notes for these sessions

Session (Click here) Topics covered Lecture notes
1 (1/16/08: am) Introduction to Class
The Objective Function in Corporate Finance
Baby steps with risk
- What is risk?
- The basic risk and return models

Page 1-20

2 (1/16/08: pm) Using risk and return models
- The riskfree rate
- The equity risk premium
- Betas and the return regression
Page 21-55
3 (1/17/08: am) More on regression betas
Determinants of betas
Bottom up betas
Page 56-76
4 (1/17/08: pm) Betats and costs of equity for private companies
What is debt?
The cost of debt and capital
Investment Analysis
- Basis for measuring returns
- Accounting returns for projects
Page 77-111
5 (1/18/08): am From earnings to cash flows
From cash flows to incremental cash flows
Time weighted incremental cash flows (NPV and IRR)
Sensitivity analyses and side costs
The trade off on debt
Optimizing the financing mix: The cost of capital approach
Page 112- 156
6 (1/18/08): pm Determinants of the optimal
Moving to the optimal debt ratio
The Right Type of debt for your company
Dividend Policy
- Broad trends
- The trade off on dividends
- The FCFE framework for assessing dividends
Valuation fundamentals and the link to corporate finance
Page 157-215