Corporate Finance 2600-ERSM1CF

• Introduction
• Area of Finance
• Agency Problems
• Value and Options
• Capital Budgeting under Conditions of Certainty
• Time Value of Money
• Capital Budgeting Criteria: Net Present Value, Internal Rate of Return, Payback Period, …
• Cash Flow Valuation
• Non-profit Investment
• Cost of Capital
• Cost of Capital Component
• Debt
• Common Equity, Preferred, WACC
• Capital Structure Decisions
• Overview Capital Structure Effects
• Business versus Financial Risk
• Capital Structure Theory
• Option Pricing with Application to Real Options
• Introduction to Option Pricing Models
• Introduction to Real Option
• Flexibility and Value
• Financial Statement Analysis
• Quality of Assets, Quality of Earnings,
• Ratio Analysis,
• Economic Value Added (EVA, MVA)
• Working Capital Management
• Alternative Working Capital Policies
• Criteria of Evaluation of Short-term Borrowing
• Preparation of Cash Budget
• Mergers & Acquisitions
• Types of Mergers
• Synergy Valuation, Merger Analysis
• Leveraged Buyout
• Company Valuation