This six session corporate finance class was taped in January 2013.
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
Project Workbook (used extensively through the sessions)
Session (Click here) | Topics covered | Lecture notes |
Session
1a
|
Corporate Finance: First Principles The Objective in Corporate Finance The Classical Objective Function |
Lecture note packet: 1 -7 |
Session 1b
|
What can go wrong? |
Lecture note packet: 8-22 |
Session
2a |
Defining Risk Risk and return models in finance The CAPM Getting the risk free rate |
Lecture note packet: 23-38 |
Session
2b |
Equity Risk Premiums |
Lectue note packet: 39-62 |
Quiz 1 |
Take the quiz and check the solution | |
Session 3a |
The Beta Regression: Beta |
Lecture note packet: 62-71 |
Session
3b |
Determinants of betas Bottom up Betas |
Lecture note packet: 72-88 |
Session
4a |
More on bottom up betas Estimating betas for private businesses |
Lecture note packet: 89-100 |
Session
4b |
From beta to cost of equity Debt and the cost of debt Cost of capital First steps in measuring investment returns |
Lecture note packet: 101-125 |
Session
5a |
From earnings to cash flows From cash flows to incremental cash flows Time weighting cash flows Currency invariance |
Lecture note packet: 126-148 |
Session
5b Webcast, streamed (need a good internet connection) |
Uncertainty in investment analysis |
Lecture note packet: 149-179 |
Session
6a Webcast, streamed (need a good internet connection) |
Optimizing the debt mix From actual to optimal: Finding a path The right debt for your company |
Lecture note packet: 180-221 |
Session
6b Webcast, streamed (need a good internet connection) |
More on the right debt Facts about dividends Assessing actual versus potential dividends |
Lecture note packet: 222-253 |
Add on session Video podcast (downloadable) |
Finishing the dividend policy assessment | Lecture note packet: 254-268 |
Add on session Valuation and Corporate Finance |
The determinants of value Connecting value to corporate finance |
Lecture note packet: 269-289 |