Finance 553

Capital Investment Planning

Capital Investment Planning is a case course examining corporate investment decisions and related issues in financial strategy including business valuation, corporate restructuring, buyouts, and mergers and acquisitions.  The course is intended as a continuation of Finance 552, Corporate Planning and Financing, and is suitable for generalists and finance specialists seeking a solid grounding in corporate financial management.

Proceed to Class Notes
COURSE SYLLABI  (All files in Word.)
Winter 2005 Winter 2004 Winter 2003 Spring 2002

CLASS INFORMATION
LINKS TO CASE EXHIBITS Winter  2005 

CLASS NOTES
Valuation A four-page description of four alternative discounted cash flow approaches to valuing a business.
Asset betas A two-page note on levering and unlevering betas
BW buyout article  Article from Feb. 9, 2004, Business Week, "Those Bulging Buyouts."
Realized returns Chapter from new book, "Triumph of the Optimists" by Dimson and Marsh with authoritative data on realized returns on stocks, bonds and bills in 16 countries during the 20th century.  14 pages in pdf format.
Buffett A one-page musing by the 'Oracle of Omaha' on  reasons for high premiums in corporate acquisitions.
Leases A two-page note on analyzing financial leases.

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