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Lecture #  Date                                                    Subject                                                   Assignment    

    1.         1/19                Syllabus                                                                                     

    2.         1/24                Introduction, Present Value                                                           Chaps. 1, 2

    3.         1/26                PV                                                                                              Chaps. 2, 3

    4.         1/31                Financial Statement Analysis                                                         Chap. 29

    5.         2/2                  Financial Statement Analysis, Stock Valuation                                Chap. 4

    6.         2/7                  Stock Valuation                                                                            Chap. 4

    7.         2/9                  Inv. Decision Rules                                                                       Chap. 5

    8.         2/14                Using the NPV Rule                                                                       Chap. 6

    9.         2/16                Using the NPV Rule                                                                       Chap. 6

  10.         2/21                Risk, Return and the CAPM                                                            Chaps. 7, 8

  11.         2/23                Risk, Return and the CAPM                                                            Chaps. 7, 8 

  12.         2/28                Midterm # 1

  13.         3/2                  Risk, Return and the CAPM, Capital Budgeting and Risk                  Chaps. 7, 8, 9

  14.         3/7                  Cap. Budgeting & Risk                                                                   Chap. 9

  15.        3/9                  Sensitivity Analysis, Decision Trees                                                Chap. 10

  16.         3/14                Decision Trees , Practical Issues in Cap. Budgeting                         Chaps. 10, 11, 12

  17.         3/16                Market Efficiency and Corporate Financing                                     Chap. 13

  18.         3/28                Market Efficiency and Corporate Financing, Dividend Policy             Chaps. 13, 16

  19.         3/30                Dividend Policy                                                                              Chaps. 16, 17

  20.         4/4                  Midterm # 2

  21.         4/6                  Debt Policy in PCM                                                                        Chap. 17

  22.         4/11                Debt Policy in PCM, Debt Policy with Imperfections                          Chaps. 17, 18

  23.         4/13                Debt Policy with Imperfections                                                         Chap. 18

  24.         4/18                Debt Policy with Imp., Impact of Debt Policy on Capital Budgeting      Chaps. 18, 19

  25.         4/20                Impact of D. Policy on Cap. Budgeting, Discussion of Group Project  Chap. 19                       

  26.         4/25                Real Options                                                                                   Chap. 22

  27.         4/27                Real Options                                                                                   Chap. 22

  28.         5/2                  Real Options                                                                                   Chap. 22

  29.         5/4                  Mergers                                                                                          Chap. 33