ࡱ> >@=#` bjbj .($!n$h::, 3X  t,0!.}:}0},HL6+,W3!$> D>  FIN 411 Corporate Finance/ Spring 2008 Class Time and Instructor Instructor: Sung Won Sohn/ www.DrSohn.com Classes: Monday, 9-11:50 am Course Location: Bell Tower Contact Information Phone: 805-437-2789 Email: Office Hours Tuesdays and Thursdays 9:00 to 10:30 am; By Appointment; room 2033 @Sage Hall Text Book The textbook is "Fundamentals of Corporate Finance", 5th ed. by Brealey, Meyers and Marcus, ISBN 0-07-255752-4. Learning Objective Develop understanding of financial decision making, including investment decisions, financing decisions, and their interaction. Expose students to the underlying framework of corporate finance including valuation, market efficiency, portfolio theory, agency costs, and information costs. Relate financial management to the structure of financial institutions in the U.S. Survey special topics including option pricing, mergers and acquisitions, hedging, and international finance. Basis for Evaluation The grade is based on a mid-term examduring the 10th week (40 percent), a final exam (40 percent), Adopt a Company Paper (10 percent) and class participation (10 percent) including homework assignments. What should you do to succeed in this course? Come to Class: Attendance is required. Lecture will be your best source of information for this course. Missing class means missing valuable discussion, and information regarding assignments. Read the Book: The text is an extremely valuable source of information and clarification. Do the Work: Economics is a way of thinking, but to understand it takes practice... and "practice" means homework. Working your way through problems is an excellent learning tool, especially for those who lack confidence in their mathematical skills. Academic Honesty All work that students submit as their own work must, in fact, be their own work. Verbatim language taken from other sources -- books, papers, web sites, people, etc. -- must be placed in quotation marks and the source identified. Similarly, work on tests and exams must be the student's own work, not copied or taken from other students' work. In accordance with the CSU Channel Islands policy on academic dishonesty, students in this course who submit the work of others as their own (plagiarize), cheat on tests or examinations, help other students cheat or plagiarize, or commit other acts of academic dishonesty will receive appropriate academic penalties, up to and including failing the course. Assignments or papers with plagiarized language or ideas will receive a failing grade. Plagiarism or cheating on quizzes or exams will also result in a failing grade. In cases where the cheating or plagiarism was premeditated or planned, students may receive an F for the course. Students are encouraged to consult with the instructor on when and how to document sources if they have questions about what might constitute an act of plagiarism or cheating. Course Schedule Week 1: Chapter 3 Accounting and Finance Week 2: Chapter 4 Time Value of Money Chapter 5 Valuing Bonds Week 3: Chapter 6 Valuing Stocks Chapter 7 Net Present Value Week 4: Chapter 8 Discounted Cash Flow Chapter 9 Project Analysis Week 5: Chapter 10 and 11 Risk, Return, Cost of Capital Week 6: Chapter 12 Cost of Capital and Company Valuation Chapter 13 Corporate Financing and Governance Week 7: Chapter 14 Venture Capital, IPOs and Seasoned Offerings Chapter 15 Debt Policy Week 8: Chapter 16 Payout Policy Chapter 17 Financial Statement Analysis Week 9: Mid-Term Exam Week 10: Chapter 18 Long-term Financial Planning Chapter 19 Short-term Financial Planning Week 11: Chapter 20 Working Capital Management Chapter 21 Mergers and Acquisitions Week 12: Chapter 22 International Financial Management Chapter 23 Options Week 13: Chapter 24 Risk Management Chapter 25 Other Topics Week 14: Final Exam Dates to Remember Mid-term : March 24 Final Exam: May 12   &'@ARtz|}~0 9 n p r v @ G H P 7 > }s}ŪhChCH*\hChC\ h3\ h35 hC5 hu\ hC5\hChC5\hChC\ hC\ hC\hC hC5hChC5hC5B*CJKH$aJphK$hChC5B*CJKH$aJphKhC5B*CJKH$aJphK-'Ak0 : A 8  & Fdd$If[$\$gdCdd$If[$\$gd3dd$If[$\$gdCdd$If[$\$gdC $@&IfgdC    p w jz4B`a㇀xpdޑhChCCJ\aJhCh0[\hqhq\ hq5\hqhq5\ h0[\ hH\ h4\ hC\hqhC5\#hIhq6CJOJQJ^JaJhq hq6]#h$ hq6CJOJQJ^JaJ h$\ hq\hChCH*\ hC\hChC\' w :jz:a7wdd$If[$\$gdqdd$If[$\$gdC $Ifgdq & Fdd$If[$\$gdq $Ifgdqw :s2V~dd$If[$\$gdCdd$If[$\$gdqfdd=kdQ$$If6!634a $@&IfgdCdd$If[$\$gd0[=kd$$If6!634ahChChC5CJ\aJhC5B*CJKH$aJphK,1h/ =!"#$% O$$If!vh5!#v!:V 66534 O$$If!vh5!#v!:V 66534 H@H NormalCJ\_HaJmH nHsH tHN@N C Heading 1 @&5B*CJKH$aJphKZ@Z q Heading 2$<@&56CJOJQJ]^JaJDA@D Default Paragraph FontRi@R  Table Normal4 l4a (k(No List<U@< C Hyperlink7>*S*Y(ph,SF^@F C Normal (Web)dd[$\$\*W@* CStrong5\('Ak0:A8w: j z  : a 7 w :s2V~0000000000000 0 0 0 0000 0 0 000000000000000000000000000000000000 0 000 0 00'Ak:j00Aj00j00j00j00j00j00Aj00Aj00j00Aj00Aj00 < j00 j00 j0 0j0 0  00  00   w 8@0(  B S  ?u/ub u u u 1155B*urn:schemas-microsoft-com:office:smarttagscountry-region9*urn:schemas-microsoft-com:office:smarttagsplace=*urn:schemas-microsoft-com:office:smarttags PlaceType=*urn:schemas-microsoft-com:office:smarttags PlaceName tȂVZ+/z[ _ 0:+/vZ$2fdh^`OJQJo(hHh^`OJQJ^Jo(hHohpp^p`OJQJo(hHh@ @ ^@ `OJQJo(hHh^`OJQJ^Jo(hHoh^`OJQJo(hHh^`OJQJo(hHh^`OJQJ^Jo(hHohPP^P`OJQJo(hH^`CJOJQJo(^`CJOJQJo(opp^p`CJOJQJo(@ @ ^@ `CJOJQJo(^`CJOJQJo(^`CJOJQJo(^`CJOJQJo(^`CJOJQJo(PP^P`CJOJQJo(Z$2         BLq%aLq%a  C0[.A]q~ z3C4$AHu@//5//`@UnknownGz Times New Roman5Symbol3& z Arial;|i0Batang?5 z Courier New;Wingdings"qheyFf_ _ r42QHX)?CFIN 411 Corporate Finance hq_sungwons CSUCI User  Oh+'0 ( H T `lt|FIN 411 Corporate Finance hq_sungwons Normal.dot 91Ƶ User8Microsoft Office Word@_@q{W@V%X_ ՜.+,0 hp  hanmi FIN 411 Corporate Finance Title  !"#$%&'()*+,./012346789:;<?Root Entry F 3XAData 1TableWordDocument.(SummaryInformation(-DocumentSummaryInformation85CompObjq  FMicrosoft Office Word Document MSWordDocWord.Document.89q