• logistics of course and assessment details,
• introduction to corporate finance,
• three important financial management decisions,
• three types of business organizations,
• goal of financial management,
• agency problem and potential solutions, and
• primary vs secondary markets.

Today's marked notes can be found in the DOWNLOADS section.

• venture capital characteristics,
• issuing public securities,
• crowdfunding,
• ways to issue new securities,
• underwriting vs best effort vs dutch auction,
• green shoe provisision and lockup period,
• IPO underpricing,
• why share price decline after new issuance,
• six issuance costs,
• rights issues and calculation,
• dilution,
• issuance of long term debt, and
• shelf registration.

Today's marked notes can be found in the DOWNLOADS section.

• calculation questions on rights and dilution from Chapter 15,
• introduction to leverage and effects on firm value,
• leverage and ROE and EPS,
• break even EBIT calculation,
• 3 conclusions from leverage,
• homemade leverage, and
• homemade leverage calculations.

Today's marked notes can be found in the DOWNLOADS section.

• practice question on ROE and EOS with and without debt,
• break-even EBIT calculation,
• homemade leverage to simulate levered firm,
• homemade leverage to simulate un-levered firm,
• Proposition I on firm value under Case 1 with no tax and no bankruptcy cost, and
• Proposition II on WACC under Case 1 with no tax and no bankruptcy cost.

Today's marked notes can be found in the DOWNLOADS section.

• review of effects of leverage on ROE and EPS,
• calculation of break-even EBIT,
• homemake leverage by investor and shareholder,
• M&M theory case I with no tax and bankruptcy cost and resulting firm value and WACC,
• separation of business risk and financial risk when using leverage,
• Case II with tax and resulting firm value and WACC concluding that high debt will result in lower WACC and higher firm value,
• calculation of equity value using unlevered firm value, PV of tax benefits, and levered firm value,
• Case III with tax and bankruptcy cost and resulting optimal capital structure,
• marketed vs nonmarketed claims by stakeholders,
• Pecking order vs tradeoff theory in financing,
• business failure, liquidation, and reorganization,
• types of dividends,
• declaration, ex-dividend, record, and payment dates of dividends,
• reasons for low and high dividend payout policy,
• signaling by dividends,
• clientele effect,
• stock repurchases vs cash dividends,
• small and large stock dividends, and
• stock split.

Today's marked notes can be found in the DOWNLOADS section.

• review of dividends and dates,
• reasons for low and high dividend payout policy,
• ex-dividends share price change if taxes, and if tax withheld at source,
• signaling by dividends,
• clientele effect on dividend policy,
• signaling by stock repurchase,
• stock repurchases vs cash dividends on balances, share price, EPS, and PE,
• small and large stock dividends,
• stock split and reverse stock split, and
• affects on firm value, net income, shares outstanding, EPS, share price, PE ratio, and shareholder wealth for cash dividend, stock repurchase, small and large stock dividends, and stock split and reverse stock split.

Today's marked notes can be found in the DOWNLOADS section.

• midterm review on chapters 1, 15, 16, and 17.

Today's marked notes can be found in the DOWNLOADS section.

• reasons to hold cash,
• cash collection delays,
• calculation of disbursement, collection, and net float,
• calculation of cost of float,
• using lock box system to accelerate collection,
• calculation of benefits and costs to accelerate collection,
• investing temporary or seasonal excess cash,
• characteristics of short term securities as investments, and
• review of midterm test questions.

Today's marked notes can be found in the DOWNLOADS section.

• mergers / consolidation vs stock acquisition vs assets acquisition,
• differences between merger and consolidation,
• tender offer to acquire shares,
• horizontal, vertical, and conglomerate acquisition
• takeovers, proxy contest, going private,
• LBO and MBO,
• strategic alliance and joint venture,
• pooling of interest vs purchase accounting method to record acquisition,
• benefits from acquisition,
• costs and potential problems with acquisition,
• cash or shares to pay for acquisition,
• target company defensive tactics, and
• divestitures and restructuring.

Today's marked notes can be found in the DOWNLOADS section.

• lessee and lessor relationship and arrangements,
• operating vs financial / capital lease,
• direct lease, leveraged lease, sale and leaseback,
• tax-oriented lease, captive finance companies,
• lease accounting and taxes,
• NAL calculation, and
• good and dubious reasons for leasing.

Today's marked notes can be found in the DOWNLOADS section.

• FX quotation,
• triangle arbitrage,
• spot and forward transactions,
• spot, future, and expected future spot rates,
• absoluate purchasing power parity (APPP),
• relative purchasing power parity (RPPP),
• covered interest arbitrage,
• home and foreign currency approaches to capital budgeting,
• long and short run FX transactional vs translational exposure, and
• political risk.

• assignment #2 inquiries,
• FX quotation,
• calculation of cross rates,
• triangle arbitrage,
• determination of forward exchange rates,
• covered interest rate parity, and
• interest rate parity arbitrage.

Today's marked notes can be found in the DOWNLOADS section.

• practice questions on Chapter 19 cash and liquidity management.

• practice questions on Chapter 26 on M&A, Chapter 21 on International Corporate Finance, Chapter 16 on Leverage, and Chapter 17 on Dividends.