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FINANCE 100  Section 001-002

A. Craig MacKinlay                                                                                   Fall 2019

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Final exams can be picked up at my office.

Pick up times:

(1) Wednesday January 22 from 2:30 pm to 3:30 pm

(2) Thursday January 23 from 1 pm to 2 pm

Exam solution is posted in the sample exams folder

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Fall 2019 book:

Corporate Finance (12th edition)

by Ross, Westerfield, Jaffe, and Jordan,

McGraw-Hill Education, 2019..

[A paperback version of the course text (with selected chapters) will be available

in the university bookstore at a discounted price.]

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Syllabus

 

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Important Dates for Fall 2019:

Midterm Exam I:    Thursday, September 26 - in class

Midterm Exam II:    Thursday, October 31 - in class

Final Exam:   Monday, December 16 - 6 pm to 8 pm

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Readings:

Term Structure Appendix

Yield Curve reading

 

 Common Stock Valuation

  Solution

 

McKinsey Article on IRR (optional reading)

 

Statistics Review (For risk-return analysis)

 

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Sample Exams (password required)

 

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Suggested Problems: 

Below are suggested problems from the course text (RWJJ 12th edition). 

However, one need not limit themselves to these problems -- most

of the end-of-chapter problems in the "Questions and Problems" section are appropriate.

Chapter 4 - Discounted Cash FLow Valuation - 1, 2, 3, 9,

15, 21, 26, 32, 33, 54.

Chapter 8 - Interest Rates and Bond Valuation - 3, 6, 8,

19, 20, 23, 31.

Chapter 9 - Stock Valuation - 2, 5, 14, 17, 21, 25, 26.

Chapter 5 - NPV and Alternative Rules- 5, 6, 7, 11, 12, 26, 28, 30.

Chapter 6 - Making Capital Investment Decisions- 3, 5, 8, 9, 12, 14, 15, 17, 23, 26, 30.

Chapter 10 - Lessons from Market History - 4, 5, 7, 9, 15, 20, 22, 28.

Chapter 11 - Risk, Return, and the CAPM - 2, 6, 7, 9, 10, 12, 17, 18, 26, 27, 29, 32.

 

Chapter 13 - Risk, Cost of Capital, and Valuation - 1, 3, 5, 19, and 20.

 

Chapter 14 - Efficient Capital Markets - concept questions - 5, 9, 10, 11 - problems - 1, 2, 3, 4, and 5.

 

Chapter 16 - Capital Structure - 1, 8, 10, 14, 20, and 21.

Chapter 17 - Capital Structure - Use of Debt - concept questions - 1, 2, 3, 4, 5 - problems - 1, 3, 8, and 10.

 

Chapter 18 - Valuation and Capital Budgeting - 1, 2, 3, 4, 8, 9, and 10.

Chapter 19 - Dividends and Other Payouts - 5, 6, 10, 11, and 17.

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Teaching Assistants Office Hours