This course reviews and extends students' understanding of methods for capital budgeting and the valuation of financial and non-financial assets. Topics include NPV, the term structure of interest rates, bond valuation, interest rate parity, the CAPM and the underlying portfolio theory, stock valuation, capital budgeting, the weighted average cost of capital, the theorems of Modigliani and Miller, and capital structure irrelevance as an application of put-call parity.
Please note: Students that have succesfully completed the courses 70614 "Corporate Finance" and/or "701134 "Introduction to Financial Economics", cannot take part in the course 70600 "Finance Theory".
J. Berk, P. DeMarzo (2017): Corporate Finance, 4th Edition, Pearson.
StO/PO MA 2016: 6 LP, Modul: "Finance Theory"
Written exam (90 min)
Die Veranstaltung wurde 6 mal im Vorlesungsverzeichnis WiSe 2020/21 gefunden: