Characteristics of Bonds o Bonds pay fixed coupon ( interest) payments at fixed intervals(usually every 6 months)and pay the par value at maturity

Chapter 6: Objectives Inflation and rates of return How to measure risk (variance, standard deviation, beta) How to reduce risk (diversification) How to price risk (Security market line, CAPM)

The Time value of money Compounding and Discounting Single Sums

Financial forecasting 1) Project sales revenues and expenses

Financial statement analysis Are our decisions maximIzing shareholder wealth?

Income statement SALES EXPENSES PROFIT

Goal of the Firm 1) Profit Maximization? this goal ignores: a) TIMING of Returns (Time Value of Money Ch. 5) b) UNCERTAINTY of Returns (Risk- Ch. 6)

一、投资项目现金流量 二、投资项目评价标准 三、投资项目决策分析

一、杠杆分析 二、资本结构与公司价值 三、资本结构决定因素

复旦大学：《财务管理 Financial Management》课程教学资源_教学大纲（中文，孙琳）