(University of Vaasa, Finland)
UNIVERSITY OF VAASA, FINLAND
Faculty of Business Studies
Department of Accounting and Finance



THEORY OF CORPORATE FINANCE 2007
Timo Rothovius

Note:

- TCF 2008 WILL START ON WEDNESDAY, 10.9.2008 IN B201! More information later.

- You ARE ALLOWED to participate at the course even without registration at weboodi!
- You can check your (own) exam results by visiting the advising assistant Emilia Peni.
- There will be three exams, not any more!

Exam:
- Financial calculator (non-programmable) allowed, NOT financial tables etc.
- Exam: An example of an old exam.


Most study notes from the book Principles of Corporate Finance.

Desc: Description of the Course.
Index: Contents of the Course.
Intro: Introduction to Corporate Finance.
Math: Time value of money.
Bonds/stocks: The value of bonds and common stocks.
NPV: Investment criteria.
Inv: Making investment decisions.
Risk: Risk.
CAPM: Risk and return.
Cap. Bud.: Capital Budgeting and risk.
Analysis.: Project Analysis and Evaluation.
Analysis.: Financial Leverage.
Analysis.: Dividend Policy.
Efficiency.: Market Efficiency.


Some other books worth considering:

- Brealey - Myers - Allen: Principles of Corporate Finance, McGraw Hill.
- Ross - Westerfield - Jordan: Fundamentals of Corporate Finance, McGraw Hill.
- Pike - Neale: Corporate Finance and Investment, Prentice Hall Europe.
- Niskanen - Niskanen: Yritysrahoitus. (Corporate finance text book in Finnish).



FAQ:

- In the exam, may I give the answers in Finnish? - Yes, either in English or in Finnish, guestions will be in English only.
- Is the electronic translator allowed? - No, only an electronic calculator (non-programmable) is allowed.
- Will there be extra exams in the summertime? - No, only the three official exams.
- Are there negative points in calculations? - No, only in the multiple choice guestions.
- How many points are required to pass the exam? - It depends on the exam (e.g. how many guestions there are), but usually about 3-4.
- Can I have some personal assistance to solve the exersises in the book/study notes/old exams? - No. Please ask the other students.
- Can I have the access to the Instructors pages of the book. - Not from me, those are for instructors only.
- Is it possible to get any points if the calculation is not perfectly correct? - Yes, if the idea is correct it is possible.