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Presentation
Presentation
The main objective of this curricular unit course is to introduce students to the fundamental concepts related to corporate finance.
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Class from course
Class from course
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Degree | Semesters | ECTS
Degree | Semesters | ECTS
Master Degree | Semestral | 4
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Year | Nature | Language
Year | Nature | Language
1 | Mandatory | Português
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Code
Code
ULHT6233-11765
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Prerequisites and corequisites
Prerequisites and corequisites
Not applicable
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Professional Internship
Professional Internship
Não
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Syllabus
Syllabus
S1. Introduction to corporate finance
S2. Valuing bonds and common stocks
S3. Risk, return, and cost of capital
S4. Capital structure and payout policy
S5. Valuing businesses and companies
S6. Mergers and acquisitions
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Objectives
Objectives
Learning outcomes (LO) - At the end of this unit, the students will be able to:
LO1 - Define the main concepts and scope of corporate finance
LO2 - Evaluate bonds and common stocks
LO3 - Understand the concepts of risk, return, and cost of capital; Explain the portfolio theory and the Capital Asset Pricing Model; Compute the WACC (Weighted Average Cost of Capital)
LO4 - Explain the main theories of capital structure (Modigliani & Miller, trade-off, and pecking order); Understand the effects of corporate taxes, financial distress, and agency costs; Identify the main aspects and implications of payout policy
LO5 - Prepare the elements and apply suitable techniques for valuing businesses and companies.
LO6 - Understand the motives for mergers; Estimate merger gains and costs
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Teaching methodologies and assessment
Teaching methodologies and assessment
The following teaching methodologies (TM) will be used:
TM1 - Expositional: presentation of the concepts and techniques related to the syllabus contents
TM2 - Participative: analysis and resolution of cases
TM3 - Self-study: utonomous work by the student
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References
References
Brealey, R., Myers, S., Allen, F, & Edmans, A. (2023). Principles of Corporate Finance 14e, MCGraw Hill. ISBN 978-1265074159
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Office Hours
Office Hours
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Mobility
Mobility
No
