Key Concepts Corporate finance The corporate Cash flow between Investors and Firms i Role of the financial manager ■ Financial markets Valuation of investment Two important Characteristics of Cash Flows d Opportunity Cost of Capital ■ Net presentⅤ alue and Investment rules Role of financial markets Objective of Financial manager 2013-2-25 1-42013-2-25 1-4 Key Concepts • Corporate Finance „ The corporate „ Cash flow between Investors and Firms „ Role of The Financial Manager „ Financial Markets • Valuation of Investment „ Two important Characteristics of Cash Flows „ Opportunity Cost of Capital „ Net Present Value and Investment Rules • Role of Financial Markets • Objective of Financial Manager