Geothermal's Cost of Capital Weighted Average Cost of Capital (WACC) Capital Structure Required Rates of Return Big Oil's WACC SInterpreting WACC Flotation Costs

When there are no taxes and capital markets function well, it makes no difference whether the firm borrows or individual shareholders borrow. Therefore, the market value of a company does not depend on its capital structure

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

Common Stock Preferred Stock Corporate Debt Convertible Securities Patterns of Corporate Financing Irwvin/McGraw-Hill

SInvestment Decision vs. Financing Decision OMarket Efficiency →Weak form efficiency →Semi -strong- form efficiency >Strong form efficiency OLessons of Market Efficiency Irwvin/McGraw-Hill

《幼儿园管理》课程教学资源（授课教案）第七章 幼儿园财务与档案管理

Market Portfolio-Portfolio of all assets in the economy. In practice a broad stock marke index, such as the S&P Composite, is used to represent the market. Beta- Sensitivity of a stock's return to the return on the market portfolio

Topics Covered The Market for Corporate Control Sensible Motives for mMergers Dubious Reasons for Mergers SEvaluating Mergers Merger Tactics SLeveraged Buy-Outs Mergers and the Economy IrwinMcGraw-Hill The McGraw-Hill Companies, Inc., 2001

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

复旦大学：《财务管理 Financial Management》课程教学资源（课件）Chapter 02 How to Calculate Present Values