Security valuation In general, the intrinsic value of an asset= the present value of the stream of expected cash flows discounted at an appropriate required rate of return

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

复旦大学：《财务管理 Financial Management》课程教学资源（案例）13.理财环境和房地产业融资——以万科为例

复旦大学：《财务管理 Financial Management》课程教学资源（案例）12.家电业并购——以国美并购永乐为例

复旦大学：《财务管理 Financial Management》课程教学资源（案例）11.企业并购——吉利与沃尔沃

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)

复旦大学：《财务管理 Financial Management》课程教学资源（案例）8.四川长虹“收入造假门

The Time value of money Compounding and Discounting Single Sums

复旦大学：《财务管理 Financial Management》课程教学资源（案例）6.资本市场和创业板

复旦大学：《财务管理 Financial Management》课程教学资源（案例）4.企业融资——以国美融资为例