Financial Management

  1. Valuation of Financial Assets
    1. General Valuation Principles
      1. Intrinsic Value Concept
        1. Present Value Framework
          1. Required Rate of Return
            1. Risk and Return Relationship
              1. Market Efficiency Considerations
              2. Bond Valuation
                1. Bond Characteristics
                  1. Par Value
                    1. Coupon Rate
                      1. Maturity Date
                        1. Call Provisions
                          1. Put Provisions
                            1. Convertible Features
                            2. Bond Pricing
                              1. Valuation Formula
                                1. Pricing at Par
                                  1. Pricing at Discount
                                    1. Pricing at Premium
                                      1. Zero-Coupon Bond Valuation
                                      2. Yield Measures
                                        1. Current Yield
                                          1. Yield to Maturity
                                            1. Yield to Call
                                              1. Yield to Put
                                                1. Realized Yield
                                                2. Bond Price Sensitivity
                                                  1. Interest Rate Risk
                                                    1. Price-Yield Relationship
                                                      1. Duration
                                                        1. Macaulay Duration
                                                          1. Modified Duration
                                                            1. Effective Duration
                                                            2. Convexity
                                                              1. Immunization Strategies
                                                              2. Credit Risk Analysis
                                                                1. Credit Ratings
                                                                  1. Default Risk Assessment
                                                                    1. Credit Spreads
                                                                  2. Preferred Stock Valuation
                                                                    1. Preferred Stock Features
                                                                      1. Dividend Rate
                                                                        1. Cumulative vs. Non-Cumulative
                                                                          1. Participating vs. Non-Participating
                                                                            1. Callable vs. Non-Callable
                                                                              1. Convertible Features
                                                                              2. Valuation Models
                                                                                1. Perpetual Preferred Stock
                                                                                  1. Callable Preferred Stock
                                                                                    1. Convertible Preferred Stock
                                                                                  2. Common Stock Valuation
                                                                                    1. Common Stock Characteristics
                                                                                      1. Voting Rights
                                                                                        1. Dividend Rights
                                                                                          1. Liquidation Rights
                                                                                            1. Preemptive Rights
                                                                                            2. Dividend Discount Models
                                                                                              1. Basic Dividend Discount Model
                                                                                                1. Constant Growth Model
                                                                                                  1. Gordon Growth Model
                                                                                                    1. Required Return Calculation
                                                                                                      1. Growth Rate Estimation
                                                                                                      2. Multi-Stage Growth Models
                                                                                                        1. Two-Stage Growth Model
                                                                                                          1. Three-Stage Growth Model
                                                                                                            1. H-Model
                                                                                                          2. Free Cash Flow Models
                                                                                                            1. Free Cash Flow to Equity Model
                                                                                                              1. Free Cash Flow to the Firm Model
                                                                                                                1. Terminal Value Calculations
                                                                                                                2. Relative Valuation Methods
                                                                                                                  1. Price-to-Earnings Multiples
                                                                                                                    1. Price-to-Book Multiples
                                                                                                                      1. Price-to-Sales Multiples
                                                                                                                        1. Enterprise Value Multiples
                                                                                                                        2. Asset-Based Valuation
                                                                                                                          1. Book Value Approach
                                                                                                                            1. Liquidation Value Approach
                                                                                                                              1. Replacement Cost Approach

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                                                                                                                          4. The Time Value of Money

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                                                                                                                          6. Risk and Return