Expected Returns and Variances Portfolios Announcements, Surprises, and Expected Returns Risk: Systematic and Unsystematic Diversificatioand Portfolio Risk Systematic Risk and Beta The Security Market Line The SML and the Cost of Capital: A Preview
Returns The Historical Record Average Returns: The First Lesson The Variability of Returns: The Second Lesson More oAverage Returns Capital Market Efficiency
Project Cash Flows: A First Look Incremental Cash Flows Pro Forma Financial Statements and Project Cash Flows More oProject Cash Flow Alternative Definitions of Operating Cash Flow Some Special Cases of Cash Flow Analysis
Finance: A Quick Look Business Finance and The Financial Manager Forms of Business Organization The Goal of Financial Management The Agency Problem and Control of the Corporation Financial Markets and the Corporation
