Final Exam 2.5 Hours To Be Done Today!

The exam includes multiple choice, short answer, and questions or problems that you will actually need to work out and submit your answer (plus the work showing how you arrived AT your answer) Pick the "best" answer for the multiple choice questions. There is only one correct answer per multiple choice question. Note: For all short answer/problem questions, complete and detailed calculations must be shown (submit the excel spreadsheets with appropriate references). Please note that answers without evidence of calculations and process (in appendices or excel spreadsheets) will not be given any credit and will receive zero marks. In addition to the content, presentation will be taken into account in determining your grade on the final exam. Topics Covered Below: W1 Introduction Issues in Corporate Finance – the scope and activities of corporate finance, principles roles of corporate finance manager and the key objective of financial management. W2 Valuation of Future Cash Flows and Valuing Bonds – introduction to the time value of money and valuation of bonds. W3 Valuing Shares - introduction to shares and valuation of shares. W4 Capital Budgeting – introduction to various capital budgeting criteria, application of criteria to investment proposals, advantages and disadvantages of each criteria. W5 Cash Flow Estimation and Analysis of Risk – determination of relevant cash flows for investment analysis, sources of risk in cash flow forecasting, assessment of forecasting risk and the implications of management options in project evaluation. W6 Cash Flow Estimation and Analysis of Risk – determination of relevant cash flows for investment analysis, sources of risk in cash flow forecasting, assessment of forecasting risk and the implications of management options in project evaluation. W7 Risk and Return, and Capital Market Efficiency – introduction to the concept of historical returns and volatilities for individual assets and for portfolio of assets; and a brief discussion about efficient market hypotheses. W8 Portfolio Management and Asset Pricing – introduction to the concept of diversification strategy and Capital Asset Pricing Model. W9 Cost of Capital – determination of cost of equity, cost of preference share, cost of debt and weighted average cost of capital (WACC). W10 Capital Structure and Leverage – introduction to common types of long term capital, Modigliani and Miller capital structure decision, effects of corporate taxes and effects of financial distress.