FY07FY Financial Management and Policies

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Financial Management and Policies Course Outline Quarter II, 2006

Class

Materials

Topic

Module I: Markets 1 Walt Disney Productions, June 1984 2 Bill Miller and Value Trust BMA, Chapter 13.1, 13.2 Valuing Risk-Free Bonds BMA, Chapter 3.4, 4.1, 14.2, 14.3, 14.4 WorldCom, Inc.Corporate Bond Issuance Darden Capital Management: The Monticello Fund Applying The Capital Asset Pricing Model BMA, Chapters 7, 8.1 & 8.2 Nike, Inc. Cost of Capital The Corporations Cost of Capital and the Weighted Average Cost of Capital BMA, Chapters 4.3, 4.4 Teletech Corporation, 2005

Theme-setting Market Efficiency

Bond Markets: Interest rates

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Credit Markets, Bond Math Equity Pricing, Capital Asset Pricing Model

Cost of Capital

Divisional Cost of Capital

Module II: Forecasting and Financial Analysis 8 Value Line Publishing, October 2002 The Thoughtful Forecaster 9 10 Horniman Horticulture Marina Electronics Company

Financial Forecasting

Financial Forecasting Financial Forecasting

Module III: Discounted Cash Flow: Valuation 11 Worldwide Paper Company "Investment Decision and Cash Flows" 12 13 14 15 Exam Aurora Textile Company Diamond Chemicals, Ltd. (A) Ludding Woodyard Ludding Woodyard

Capital Investment Analysis

Capital Investment Analysis Capital Investment Analysis Comprehensive case Comprehensive case

Financial Management and Policies Course Outline Quarter III, 2007 Class Materials Topic

Module IV: Financial Policies and Tactics 1 Gainesboro Machine Tools Corporation BMA, Chapter 16 2 Introduction to Debt Policy and Value BMA, Chapters 17 and 18.1 Debt Financing, Firm Value and Cost of Capital Tonka Corporation The Effects of Debt-Equity Policy on Shareholder Return Requirements and Beta MCI Communications Corporation: Capital Structure Theory Carrefour S.A. BMA, Chapters 28-1 and 28-1 Baker Adhesives J&L Railroad

Dividend Policy and Capital Structure Capital Structure

Capital Structure

Capital Structure

Foreign Currency Exchange and Interest Rate Parity Hedging Exchange Rate Exposure Risk Management

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Module V: Firm Valuations: Mergers and Acquisitions 8 Hope Enterprises Methods of Valuation for Mergers and Acquisitions 9 10 Hershey Foods Corporation JetBlue Airways: IPO Valuation

Company Valuation

Company Valuation/Governance Valuing an IPO (Initial Public Offering) Company Valuating Using Multiples

Course Outline Quarter III, 2007 (continued)

11 12 & 13 14

Jaguar plc, 1989 Merger Simulation General Foods Corporation: Entenmanns Bakery Acquisition General Foods Corporation: Entenmanns Bakery Acquisition

Cross-Border Valuation Merger Simulation Valuation of an Acquisition Candidate Valuation of an Acquisition Candidate

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Exam

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