UC IRVINE, Winter 2012
Course Code: 62320
Time: TR 5:00 – 6:20 PM
|Instructor: George Sarraf | TAs: Gates Wess: firstname.lastname@example.org | |Email: email@example.com | Licata David: firstname.lastname@example.org | |Office: SSPB 3297 | | |Office Hours: T & R 2:45 – 4:00 pm | | | Or by appointment | (Office hours posted on course website) | | | |
Required Textbook & Materials:
1. Textbook: Ross, Stephen A., Randolph W. Westerfield and Bradford D. Jordan, Fundamentals of Corporate Finance, McGraw-Hill, Ninth Edition, 2010.
2. Access to McGraw-Hill Connect. Connect is the homework software we will be using for all assignments, and possibly a midterm, in this class. All assignemnts will be posted, submitted, and graded using Connect. - Connect Online Registration Instructions: Go to the following Web address: http://connect.mcgraw-hill.com/class/g_sarraf_corporate_finance Click the "Register Now" button, then follow the instructions to enter the access code you purchased or to buy one online.
3. Financial Calculator. If you do not already have a financial calculator, you can use on of the following: Hewlett Packard 12C (including the HP l2C Platinum), Texas Instruments BAII Plus, Hewlett Packard 10-B. Learning how to use your calculator is your responsibility. There are many types of financial calculators and each one has different instructions on how to use. Consult the user’s manual to learn how to perform different computations using your calculator. You will need to bring your calculator to the exam, but user’s manuals are NOT allowed. Course Description & Objectives:
This course provides an overview of the modern theory and practice of financial management and focuses on two fundamental financial decisions; investment as well as financing. Beginning with discounted cash flow analysis, basic theory will be applied to the valuation of stocks, bonds, and individual capital budgeting projects. Students will subsequently learn to price assets under uncertainty, including the tradeoff between risk and return, portfolio diversification and Capital Asset Pricing Model. Next, the course will address the elements involved in financing decisions, such as, capital markets, financing sources, debt and dividend policy. Alternative financial instruments, like warrants and convertibles, will be introduced as well. Finally, the course will conclude with a survey of current issues in finance, including mergers and acquisitions which require joint decisions of investment and financing.
Lectures are designed to clearly explain the concepts covered in the textbook and how they apply to real world situations. Outlines of the lecture notes will be made available to students prior to class on the course website (https://eee.uci.edu/12w/62320).
Due to the applied nature of the class and topics covered, it’s very important to attend discussion sessions. This is essential for mastering the concepts covered during lectures. This is worth 10% of your grade. The sessions will give you the chance to have a close interaction with the TAs and ask questions. The schedule for the discussion sections is the following:
|Section |Day/Time |Instructor...