QF 2146-1

Brief

This course offers an introduction to corporate finance, covering kep aspects of corporate decisions such as investment, financing, and payout. A solid understanding of these corporate decisions is crucial for effectively valuing corporate securities. In the first part of the course, we will develop the theory of capital structure, examining economic factors influencing optimal corporate policies and their impact on debt, equity, and asset valuation. We mostly build on financial management concepts, including the principles of valuation, cost of capital, and CAPM. In the second part, we adopt a high-level perspective, viewing firms as a collection of real options. This part focuses on developing a fundamental approach to option pricing and its application in analyzing decisions related to partially irreversible investments and risk management.

Description

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Prerequisites

Timetable

Scores

Average Percentage 80.25

Std. Deviation 8.87

Remarks

本課程為 16 週課程

Restrictions

計財系優先，第3次選課起開放全校修習

Compulsory

Elective

Cross Discipline

First Specialization

Second Specialization