Advanced Corporate Finance - 4303 Words

University of Puget Sound School of Business and Leadership BUS 434 Advanced Corporate Finance Professor Alva Wright Butcher Tues-Thurs 11:00-12:20 McIntyre 107 Spring Semester 2012 Office: McIntyre 111 I Phone: 253-879-3349 FAX: 253-879-3156 Office Hours: T-Th: 1:00-1:50 Wed: 9:30-10:30 And by appointment Note that I am always willing to schedule additional office hours by appointment. I check email frequently, so that is also a good way to communicate. Do not hesitate to call me at home. If you cannot reach me, please leave a number so that I can get back to you. Email: butcher@pugetsound.edu Home: 206-285-3990 or 360-779-4706 Required Course Materials:†¦show more content†¦Click on access to free student content. Course Objectives: Valuation will be discussed as a unifying theme in this course. This includes such issues as how to value a firm that is not publicly traded, how to value a potential merger, how to value an investment project. We will examine the use of debt in a firm’s financial structure and ask if that has an impact on the value of the firm. If a firm pays dividends, does that increase the firm’s value? The key objective of this course is to build on the foundation of your introductory course in financial concepts and to apply more advanced concepts in corporate finance in a decision making context. Since computer literacy is essential to the application of finance theory, the course will incorporate a number of opportunities for the use of computer tools in a problem solving environment. After you have successfully completed this course, you will be able to: Apply value based management to guide valuation of a firm and valuation of a capital budget project. Be aware of the underlying factors that impact the value of a financial option. Understand the basic features of options contracts and how they are priced. Have an understanding of the use and misuse of derivatives. Understand how the firm’s mixture of debt and equity, the capital structure, can impact the value of the firm. Be able to apply theShow MoreRelatedAdvanced Corporate Finance Essay examples927 Words   |  4 PagesAdvanced Corporate Finance I SS 2012 Problem Set 1 Valuing Cash Flows Problem Set 1 Valuing Cash Flows Exercise 1 (Ex. 11.2 - 11.6 GT): Assume that Marriott’s restaurant division has the following joint distribution with the market return: Market Scenario Bad Good Great .25 .50 .25 Probability Market Return (%) -15 5 25 YR 1. Cash Flow Forecast $40 million $50 million $60 million Assume also that the CAPM holds. 11.2 Compute the expected year 1 restaurant cash ï ¬â€šow for Marriott. 11.3 FindRead MoreCase 2 for Advanced Corporate Finance1474 Words   |  6 Pagesï » ¿ â€Å"Case: Tianjin Plastics† Vrije Universiteit Amsterdam Course Advanced Corporate Finance Students Fatin Azear Jos Kusters Maaike van der Steen Case: Tianjin Plastics This assignment considers the case of Tianjin Plastics. Pat Johnson, project finance analyst for Maple Energy (U.S.-based international power plant developer), has to make a recommendation regarding the financial viability of the Tianjin Plastics power plant project in China. The recommendation would require a final evaluationRead MoreJet Blue Ipo Advanced Corporate Finance1654 Words   |  7 Pagesnominal terms, is imperative in understanding consumer demand over the longevity of the company’s existence. Alongside this, is analyzing a company with respect to its industry peers; which involves taking a profound look at revenue, EBITDA and corporate expenses (Kelly, 2009). The EBITDA multiple involves two primary components. First, the EV or the Enterprise valuation which is a function of summing the market value of common equity, the market value of preferred stock, the market value of debtRead MoreArticles Relating to Capital Structure-Essay1658 Words   |  7 PagesIntrodu ction on Capital Structure†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..5 Summary and Evaluation of Articles†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦6 Conclusion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..8 References/Bibliography†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.9 â€Æ' Introduction On Capital Structure :- In the field of finance capital structure means a way an organization or firms finances their assets by the way of some mix and match of Equity, Debt or Hybrid Securities. 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