FY07FY Financial Management and Policies
FY07FY Financial Management and Policies
FY07FY Financial Management and Policies
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
4 5
Credit Markets, Bond Math Equity Pricing, Capital Asset Pricing Model
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
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 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
Capital Structure
Capital Structure
Foreign Currency Exchange and Interest Rate Parity Hedging Exchange Rate Exposure Risk Management
6 7
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
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
15
Exam