AFC2140

Business finance

(BUS)

Ms Karen Alpert

6 points + Two 1-hour lectures and one 1-hour tutorial per week + Second semester + Clayton + Prerequisites: AFC1021/2 and AFC1031/2 (Pass) or ECC1000 and ECC1010 or first year maths or by permission

Synopsis: The impact of financing and investment decisions on business enterprises, with particular focus on public companies. Topics include the goals of the firm and investors, investment evaluation models, valuation of equity and debt instruments, fixed interest securities, sources and types of available finance, issues in risk and return, portfolio theory, asset pricing models, issues in capital structure and dividend policy, and the efficiency of capital markets.

Assessment: Examination (3 hours): 80% + Mid-semester examination (1 hour): 20%