Corporate Finance Syllabus Spring 2009 Prof. Anna Scherbina UC Davis Graduate School of Management Office: 126 AOB IV Tel: 530.754.8076 e-mail: ascherbina@ucdavis.edu Course Focus We will explore how corporations make financial decisions through the analysis of Harvard Business School cases. Should a firm undertake a new investment opportunity‚ raise equity‚ acquire another firm‚ or conduct an IPO? How should small firms manage their working capital? How fast should a firm grow
Premium Cash flow Corporate finance Finance
CHAPTER 3 Arbitrage and Financial Decision Making Chapter Synopsis 3.1 Valuing Decisions When considering an investment opportunity‚ a financial manager must systematically compare the costs and benefits associated with the project in order to determine whether it is worthwhile. Determining the cash value today of the costs and benefits is one way to make such a comparison. In a competitive market‚ a good can be bought and sold at the same price‚ so the market price can be used to determine
Premium Net present value Financial markets Rate of return
Chapter 14 Multiple Choice—CPA Adapted 1. On July 1‚ 2012‚ Spear Co. issued 3‚000 of its 10%‚ $1‚000 bonds at 99 plus accrued interest. The bonds are dated April 1‚ 2012 and mature on April 1‚ 2022. Interest is payable semiannually on April 1 and October 1. What amount did Spear receive from the bond issuance? a. $3‚045‚000 b. $3‚000‚000 c. $2‚970‚000 d. $2‚895‚000 2. On January 1‚ 2012‚ Solis Co. issued its 10% bonds in the face amount of $4‚000‚000‚ which mature on January 1‚ 2022. The
Premium Stock Bonds Bond
1 PART A MULTIPLE CHOICE: ANSWER ALL QUESTIONS Answer all questions. Write in your answer book the number of the question and ONE letter. Question 1 Consider a bond with a 10% coupon and with yield to maturity = 8%. If the bond’s yield to maturity remains constant‚ then in 1 year the bond’s price will be: a. Higher b. Lower c. Unchanged d. Cannot answer based on given information Question 2 The yield to maturity on a bond is: a. Below the coupon rate when the bond sells at a discount
Premium
HOW FAYOL ’S 14 PRINCIPLES OF MANAGEMENT ARE USED IN A MILITARY ENVIRONMENT By Mark Culligan "The process of coordinating and integrating work activities so that they are completed efficiently and effectively with and through other people". (Henri Fayol "General and Industrial Management."(1916)) Introduction Management is a very complex field. Not only must managers pay attention to what is best for the organization‚ but they also have to do what is best for their customers. At
Premium Management Army Henri Fayol
Financial Management Assignment (10 Sep‚ 2012) ------------------------------------------------- Ch. 5: 1 (a-e)‚ 4‚ 5‚ 7‚ 10‚ 11‚ 12‚ 15 ------------------------------------------------- FM1 Takumi KAWAI‚ Pham NGUYEN‚ Yang CHEN‚ Bi CHAO #1 a. What is the payback period on each of the following projects? Payback period: A 3 years‚ B 2 years‚ C 3years b. Given that you wish to use the payback rule with a cutoff period of two years‚ which projects would you accept? “B” Only B meetsthe
Premium Net present value Internal rate of return
Consider a project to produce solar water heaters. It requires a $10 million investment and offers a level after-tax cash flow of $1.75 million per year for 10 years. The opportunity cost of capital is 12 percent‚ which reflects the project’s business risk. Suppose the project is financed with $5 million of debt and $5 million of equity. The interest rate is 8 percent and the marginal tax rate is 35 percent. The debt will be paid off in equal annual installments
Premium Net present value Finance Interest
Deming’s 14 Principles Case Study After reviewing the video‚ I had a much better understanding of Deming’s 14 principles. Throughout the viewing‚ I found that although Deming’s principles‚ when implemented‚ can bring great return‚ it is also a very timely process that requires every individual in an organization to be a catalyst of change. All together‚ these principles represent a philosophy of life. They can be implemented in an organization‚ as well as one’s personal life—as they gave the
Premium Employment Steve Jobs Improve
Psychology 101: Introduction to Psychology Chapter 14: Practice Questions 1. ______ is the process by which we come to form an understanding of our social environment. A) Social psychology B) Social perception C) Self-fulfilling prophecy D) Stereotyping E) Impression formation 2. Regarding impression formation‚ which of the following statements is FALSE? A) People tend to form first impressions quickly. B) Our impressions of others are influenced by the amount of information they choose
Premium Social psychology Attribution theory
Chapter 14-15 Summary In chapter 14‚ it is really clear that Ender doesn’t like Eros. This is from the moment they arrive. Everything feels weird and off. He is surrounded by people he does not know. He is isolated as he received private teaching from the teachers. Since he is alone‚ Ender starts studying and quickly begins to learn. His favored thing to do is the simulation. He calls it the best video game. Ender first controls a fighter ship‚ but is later put in charge of a squadron. This squadron
Premium Ender's Game Speaker for the Dead Ender's Shadow