This course is designed for junior students with Finance major. It will introduce important issues in corporate finance. The topics that will be covered are as follows.
1. Present value
2. Capital budgeting
3. The tradeoff between risk and return: CAPM and APT
4. Valuation of stock and debt
5. Cost of capital
6. Capital structure
7. Dividend policy
8. Options
9. Financing Decisions
10. Mergers and acquisition

703-30600
何憲章 財務管理 Fall 2010


I. Textbook: Ross, Westerfield, Jaffe, and Jordan, Corporate Finance,9th ed.,2010. (華泰書局:北市辛亥路3段5號, Tel:2377-3877)

II. Course Schedule

9/15 Ch.1 Introduction to Corporate Finance
9/22 Holiday
9/29 Ch.2 Financial Statements and Cash Flow
10/6 Ch.3 Financial Statements Analysis and Financial Models Ch.4 Discounted Cash Flow Valuation
10/13 Ch.5 Net Present Value and Other Investment Rules
10/20 Ch.6 Making Capital Investment Decisions
10/27 Ch.7 RiskAnalysis, Real Options, and Capital Budgeting
11/3 Ch.8 Interest Rates and Bond Valuation
11/10 Ch.9 Stock Valuation
11/17 Mid-Term Exam
11/24 Ch.16 Capital Structure: Basic Concepts
12/1 Ch. 17 Capital Structure: Limits to the Use of Debt
12/8 Ch.18 Valuation and Capital Budgeting for the Levered Firm & Ch.19 Dividends and Other Payouts
12/15 Ch.21 Leasing & Ch.24 Warrants and Convertibles
12/22 Ch.27 Cash Management & Ch.28 Credit and Inventory Management
1/2/29 Ch.29 Mergers , Acquisitions, and Divestitures & Ch.30 Financial Distress
1/5/2011 Final Exam

III. Evaluation
Mid-term Exam 50%
Final Exam 50%
Total 100%
IV. Notes
1. Students are expected to attend all the class meetings. No make-up Exams.
2. The course syllabus provides a general plan for the course; deviations may be
necessary.