98年第1學期-1313 公司理財(一) 課程資訊

評分方式

評分項目	配分比例	說明
Midterm Exam (M)	30
Final Exam (F)	30
Assignments (including quizzes) (A)	40	Final Grade = 0.4A+0.6max(F, 0.5F+0.5M)

教育目標

Corporate finance is a course across two semesters. This is the first part of this course. The objective of this course is to provide a rigorous training to the fundamental principles of asset valuation and corporate financing in competitive financial markets. The course is designed to provide the student with the tools and knowledge that are necessary to analyze the financial issues presented in real world. The course is organized around the three main ideas in Finance: (A) The time value of money; (B) Diversification and risk; (C) Arbitrage and hedging. Students completing this course are expected to be fully conversant with the time value of money and will be able to value income streams of all forms. The time value of money is a basic determinant in the valuation of assets such as bonds, stocks, futures, and options. The classes on diversification and risk provide a thorough grounding in the trade off between risk and return given by modern portfolio theory. In discussing arbitrage and hedging, we demonstrate how to hedge market risk, interest rate risk, and foreign exchange risk. This involves using futures and options. The uses and valuation of futures and options by arbitrage are considered in some detail.

課程概述

本課程為財金所的財務理論課程，希望透過一學期的時間，使學生對財務理論有一個較為完整的學習，同時也對相關主題之期刊發表論文做一研討，使同學可以進一步瞭解與熟悉財務理論的發展現況。

基本資料

必修課，學分數：3-0
上課時間：一/5,二/5,6,7[M233]
修課班級：財金系2B
修課年級：年級以上
選課備註：修過會計學上學期

參考書目

1. Ross, S., R., Westerfield, J., Jaffe, and B., Jordan, 2008, Modern Financial Management, 8th Edition, McGraw-Hill;

2. Berk, J., and P., DeMarzo, 2009, Corporate Finance: the Core, Pearson.