Sumários
The capital Structure decision in the perfect world of MM and with corporate taxes. Valuation with corporate Taxes: methods WACC and APV. Problem Set 3 (1-5)
22 Novembro 2024, 09:30 • Clara Raposo
Capital Structure in the Modigliani Miller perfect world setting.
Problem Set 3 (1-2).
Capital Structure in the MM world with corporate taxes.
Problem Set 3 (3-5).
Valuation in the presence of corporate taxes: WACC and APV methods.
Examples.
Problem Set 2 (1-3). Financial Options foundations for Corporate Finance. Problem Set 2 (4-6).
11 Novembro 2024, 09:30 • Clara Raposo
Cost of Equity and Cost of Debt: Problem Set 2 (part 1).
Financial Options: types, payoffs at maturity, put-call parity, Binomial Model,Black-Scholes Model, examples.
Problem Set 2 (part 2).
Investment Decision: Problem Set 1 solving. Financing: Cost of Equity and Cost of Debt.
4 Novembro 2024, 09:30 • Clara Raposo
1. Investment Decision: Problem Set 1.
2. Financing:
Cost of Equity: Dividend Discount Model, Total Payout Model, Capital Asset Pricing Model (CAPM)
Cost of Debt: Adjusted yield-to-maturity, CAPM.
Examples.
Introduction to the Course Unit. The Investment Decision.
28 Outubro 2024, 09:30 • Clara Raposo
Introduction to the FMM course unit: syllabus, bibliography, assessment.
The Investment Decision: basic concepts in finance (time value of money, compounding and future values, discounting and present values), fundamentals of accounting (the balance sheet and the income statement), accounting rates of return, from earnings to cash flows, cash-flow based investment rules (payback period, net present value, profitability index, internal rate of return, incremental irr, nominal versus real analysis, equivalent annuities when comparing projects with different lives), sensitivity and scenario analysis.
Examples.