FINAN506-23B (HAM)

Corporate Finance

15 Points

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The University of Waikato
Academic Divisions
Division of Management
School of Accounting, Finance and Economics

Staff

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Convenor(s)

Lecturer(s)

Administrator(s)

: denise.martin@waikato.ac.nz

Placement/WIL Coordinator(s)

Tutor(s)

Student Representative(s)

Lab Technician(s)

Librarian(s)

: em.pooley@waikato.ac.nz

You can contact staff by:

  • Calling +64 7 838 4466 select option 1, then enter the extension.
  • Extensions starting with 4, 5, 9 or 3 can also be direct dialled:
    • For extensions starting with 4: dial +64 7 838 extension.
    • For extensions starting with 5: dial +64 7 858 extension.
    • For extensions starting with 9: dial +64 7 837 extension.
    • For extensions starting with 3: dial +64 7 2620 + the last 3 digits of the extension e.g. 3123 = +64 7 262 0123.
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What this paper is about

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Three key important questions are answered in this course: What long-term investments should the firm take on? Where will the firm get the long-term financing to pay for the investment? How will the firm manage its everyday financial activities?

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How this paper will be taught

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Activities

1. Read teaching materials and other relevant resources;

2.Presentations

3. Complete assignments and

4. Participate in class discussions

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Required Readings

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Textbook: Fundamentals of Corporate Finance by Ross, Westerfield, and Jordan. Standard 12th Edition

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Learning Outcomes

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Students who successfully complete the course should be able to:

  • Conceptually understand, the Capital Budgeting Techniques and Analysing and Evaluating Projects
    Linked to the following assessments:
  • Discuss and explain how agency theory pervades decision making in corporate finance
    Linked to the following assessments:
  • Explain dividend policy and demonstrate the relationship between dividend policy and stock value and Short term Finance and Planning
    Linked to the following assessments:
  • Identify the difference between bonds and stocks. Gaining insights into the bond features. Explain and show how stock prices affect dividend growth
    Linked to the following assessments:
  • Illustrate the basics of risk and return and security market line
    Linked to the following assessments:
  • Understand how to determine a firm's cost of equity capital, cost of debt and overall cost of capital and Explain the effects of financial leverage on cash flows and the cost of equity
    Linked to the following assessments:
  • Understand the differences between cash flows and earnings, the relevance of market values over book values
    Linked to the following assessments:
  • Understanding the governance and ownership models of Maori Businesses and their relevance to the capital structure decisions
    Linked to the following assessments:
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Assessments

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How you will be assessed

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The assessments are individually worked components.

It is very important to keep track of the hours suggested as necessary for the various components of this Paper, including assessments. The standard of competency expected to be demonstrated through each assessment is closely related to what an average student can achieve in the hours indicated.

In practical terms, this means that a short response is unlikely to indicate hours of research going into the preparation of an answer. Similarly, up-to-date media-based examples (real-world business examples) are essential to demonstrate an in-depth understanding of concepts and techniques.

The Assessment components are internal assessments only. This paper doesn't have an exam.

Note: Typed answers or diagrams copied from the web or Panopto will be marked as zero. Turnitin (or a similar index) shouldn't be > 60%.

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The internal assessment/exam ratio (as stated in the University Calendar) is 100:0. There is no final exam. The final exam makes up 0% of the overall mark.

The internal assessment/exam ratio (as stated in the University Calendar) is 100:0 or 0:0, whichever is more favourable for the student. The final exam makes up either 0% or 0% of the overall mark.

Component DescriptionDue Date TimePercentage of overall markSubmission MethodCompulsory
1. Individual Assignment 1
6 Aug 2023
5:00 PM
20
  • Online: Submit through Moodle
2. Individual Assignment 2
10 Sep 2023
5:00 PM
20
  • Online: Submit through Moodle
3. Individual Assignment 3
1 Oct 2023
5:00 PM
20
  • Online: Submit through Moodle
4. Class Presentations
9 Oct 2023
1:00 PM
15
  • Hand-in: In Lecture
5. Individual Assignment 4 (Project)
23 Oct 2023
5:00 PM
25
  • Online: Submit through Moodle
Assessment Total:     100    
Failing to complete a compulsory assessment component of a paper will result in an IC grade
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