Date

Topic/Text chapters

Case

Hours expected

Assignments/Readings

Feb. 25

Introduction  (BMA 1,28/RWJJ 1-3)

6

Mar. 4

Capital budgeting (BMA 2,5-6/RWJJ 4-6)

6

Mar. 11

Stock and bond valuation (BMA 3-4/RWJJ 8-9)

6

Mar. 18 

Risk & return  (BMA 7-8/RWJJ 10-11)

6

Mar. 25

Cost of capital (BMA 9/RWJJ 13)

EVA (BMA 28), Valuation

8

*Best practices in estimating the cost of capital: An update

Apr. 1

No class

Apr. 8

EVA

In-class case

6

*The real key to creating wealth

Evidence on EVA

Apr. 15

EVA

Payout Policy (BMA 16/RWJJ 19)

Valmont

(EVA)

10

Excess cash and shareholder payout strategies

Apr. 22 

Payout Policy (BMA 16/RWJJ 19)

8

*Reappearing dividends

Apr. 29

Payout Policy (BMA 16/RWJJ 19)

Capital structure (BMA 18/RWJJ 16)

Rockboro

(Payout)

10

Agency costs of free cash flow, corporate finance, and takeovers

May 6

Capital structure (BMA 18/RWJJ 16)

8

*How to choose a capital structure

May 13

Capital structure (BMA 18/RWJJ 16)

M & A (BMA 31/RWJJ 29)

Deluxe

(Leverage)

10

May 20

No class

May 27

M & A (BMA 31/RWJJ 29)

8

Creating value with mergers and acquisitions

Jun. 3

M & A (BMA 31/RWJJ 29)

Sanofi (M&A)

10

Jun. 10

IPO

3

Jun. 17

Final Exam

12