This is an introductory course in finance focusing on corporate applications in the international environment. It covers the basic theories of interest rates, valuation of streams of cash flows, pricing of risk, and it draws practical implications for capital structure, project valuation, financing, and risk management.
More specifically, the course contains a basic introduction to topics such as: The main characteristics of corporations The relationship between accounting information and the information analysed in corporate finance Interest rates and the time value of money The valuation of bonds and stocks The investment decision The financing decision including capital structure theory and the cost of capital Payout policy |