Topics Covered SCalls and puts sWhat Determines Option values SPotting the Option Irwin McGraw-Hill CThe McGraw-Hill Companies, Inc, 2001

一、企业决策与信息内容 二、企业的经营活动 三、会计的概念 四、会计信息的使用者 五、财务会计与管理会计

一、评价企业或管理过去的财务业绩，与评价标准相比较。 二、确认问题之所在及实力- 尤其在经营成果、资源运用和资金活动方面。 三、预测企业的生存能力和成长状况- 在战略性计划和外部投资决策上很重要，尤其在吸收合并方面

Topics Covered SHow Dividends are Paid SHow Do Companies Decide on Dividend Payments OWhy Dividend Policy Should Not Matter OWhy Dividends May Increase Firm Value OWhy Dividends May Reduce Firm Value Irwin/McGraw-Hill OThe McGraw-Hill Companies, Inc., 2001

Bond Characteristics reading the financial pages Bond Prices and Yields Bond prices and interest rates YTM vs. current yield Rate of Return Interest Rate Risk The Yield Curve Nominal and Real Rates of Interest Default Risk

Stocks and the Stock Market Book Values, Liquidation Values and Market Values Valuing Common Stocks Simplifying the Dividend Discount Model Growth Stocks and Income Stocks

Future values Present values Multiple Cash Flows Perpetuities and Annuities Inflation Time value Effective Annual Interest Rate

The Market for Corporate Control Sensible Motives for mMergers Dubious Reasons for Mergers Evaluating Mergers Merger Tactics Leveraged Buy-Outs Mergers and the Economy

Call Option Right to buy an asset at a specified exercise price on or before the exercise date. Put Option Right to sell an asset at a specified exercise price on or before the exercise date

Venture Capital The Initial Public Offering The Underwriters General Cash Offers The Private Placement