Bonds

• Bonds are risky (depending on the issuer and the maturity)
• The yield to maturity or internal rate of return is the rate of retun of the bond (or of the investment) it is a value of r that give NPV=0
• The effect of changes in interest rates
In Europe, the most important place for bonds is Switzerland

Common Stocks >>

Corporate finance

PART ONE: CAPITAL EXPENDITURE
The present value
Investment decisions
Practical problems in capital budgeting
Firms evaluation

PART TWO. BASICS OF FINANCE
The financial markets
Options
The market efficiency
Risk
Mergers, Acquisitions, and Corporate Control
International Financial Management

PART THREE FINANCING DECISIONS
Corporate financing
Dividend policy and capital structure

PART FOUR FINANCIAL MANAGEMENT
Financial planning
Short-term financial management

Course created and updated by Dr David Chelly, PhD in Management sciences from the University of Tours.