Monday 16 January 2017

FIN 450 Full Course – (All Discussions and All Chapters Problems)





FIN 450 Full Course – (All Discussions and All Chapters Problems)

Topics

Topic 1: Basic Concepts in Finance

1.     Principles of Managerial Finance

Assignments      Chapters 10 and 11 Practice Problems

Complete the following problem from chapter 10 in the textbook:



P10-25

Complete the following problems from chapter 11 in the textbook:



P11-4

P11-8

P11-17

P11-23

Follow these instructions for completing and submitting your assignment:

Do all work in Excel. Do not submit Word files or *.pdf files.

Submit a single spreadsheet file for this assignment. Do not submit multiple files.

Place each problem on a separate spreadsheet tab.

Label all inputs and outputs and highlight your final answer.

Follow the directions in “Guidelines for Developing Spreadsheets.”

You are not required to submit this assignment to Turnitin.



40.0

Discussion Questions    Module 1 DQ 1

Financial theory (and the narrative in your textbook) indicates that NPV is the theoretically correct method to use to evaluate capital investments. Yet, surveys of financial managers consistently indicate that IRR is the most widely used technique by practitioners. Why do you suppose this discrepancy exists?



5.0

                Module 1 DQ 2

Capital budgeting decisions are usually made by teams of executives from various divisions within a corporation. Departmental managers, when presenting their capital budgeting proposals to the executives, are sometimes tempted to inflate the estimates of returns to be earned from their proposals, in order to increase the likelihood that the proposals will be accepted. If you were CFO of a corporation, what steps could you take to prevent this from happening?



Topic 2: Financial Performance, Planning, and Forecasting

Assignments      Chapter 12 Practice Problems

Complete the following problems from chapter 12 in the textbook:



P12-3

P12-4

P12-8

P12-12

P12-14

P12-18

Follow these instructions for completing and submitting your assignment:

Do all work in Excel. Do not submit Word files or *.pdf files.

Submit a single spreadsheet file for this assignment. Do not submit multiple files.

Place each problem on a separate spreadsheet tab.

Label all inputs and outputs and highlight your final answer.

Follow the directions in “Guidelines for Developing Spreadsheets.”

You are not required to submit this assignment to Turnitin.



40.0

Discussion Questions    Module 2 DQ 1

Several methods were described in your textbook to deal with the issue of differing levels of project risk. These include risk adjusted discount rates, simulation analysis, scenario analysis, and break-even analysis. Which of these would you favor if you were CFO of a corporation? Why? Which of the techniques seems like it would yield the most accurate results? Which would be easiest to implement?



5.0

                Module 2 DQ 2

A corporation’s policy manual states: “Our company’s policy is to use 12%, which is our cost of capital, as the discount rate for NPV calculations on all projects considered for investment.” What is wrong with this policy? In what types of projects will this company overinvest? In what types of projects will it underinvest?



Topic 3: The Time Value of Money and Fixed-Income Securities



Assignments      Chapter 13 Practice Problems (Benchmark)

Complete the following problems from chapter 13 in the textbook:



P13-2

P13-16

P13-22

P13-26

Follow these instructions for completing and submitting your assignment:



Do all work in Excel. Do not submit Word files or *.pdf files.

Submit a single spreadsheet file for this assignment. Do not submit multiple files.

Place each problem on a separate spreadsheet tab.

Label all inputs and outputs and highlight your final answer.

Follow the directions in “Guidelines for Developing Spreadsheets.”

You are not required to submit this assignment to Turnitin.



40.0

Discussion Questions    Module 3 DQ 1

The recent Great Recession of 2008-2009 has had significant impact on a wide range of corporate performance. What impact would you predict it had on leverage?  Would financial leverage have increased, decreased, or remained the same? What about operating leverage? Why?



5.0

                Module 3 DQ 2

What do you think is the relationship between a firm’s operating leverage and its financial leverage? Do you think the two measures are positively correlated, negatively correlated, or unrelated? Explain your answer.



Topic 4: Common Stock and Analysis of Risk and Return



Assignments      Chapter 14 Practice Problems

Complete the following problems from chapter 14 in the textbook:



P14-3

P14-7

P14-10

P14-17

Follow these instructions for completing and submitting your assignment:



Do all work in Excel. Do not submit Word files or *.pdf files.

Submit a single spreadsheet file for this assignment. Do not submit multiple files.

Place each problem on a separate spreadsheet tab.

Label all inputs and outputs and highlight your final answer.

Follow the directions in “Guidelines for Developing Spreadsheets.”

You are not required to submit this assignment to Turnitin.



40.0

Discussion Questions    Module 4 DQ 2

Select one of the following theories and provide an argument about why it might hold and why it might not. Once you have done this, give your personal opinion on its relevance to explaining overall corporate dividend behavior.



Residual theory of dividends

“Bird-in-the-hand” argument

Informational content of dividends

Investor preference for steady dividend payments

5.0

                Module 4 DQ 1

Are dividends relevant in determining share values? Identify one factor that indicates they are, and one that indicates they are not. Give your opinion on this question and why you hold it.



Topic 5: Capital Budgeting



Assignments      Chapter 15 and 16 Practice Problems

Complete the following problems from chapter 15 in the textbook:



P15-3

P15-9

P15-12

P15-16

Complete the following problems from chapter 16 in the textbook:



P16-6

P16-13

P16-15

P16-20

Follow these instructions for completing and submitting your assignment:



Do all work in Excel. Do not submit Word files or *.pdf files.

Submit a single spreadsheet file for this assignment. Do not submit multiple files.

Place each problem on a separate spreadsheet tab.

Label all inputs and outputs and highlight your final answer.

Follow the directions in “Guidelines for Developing Spreadsheets.”

You are not required to submit this assignment to Turnitin.



40.0

Discussion Questions    Module 5 DQ 1

During the Great Recession of 2008-2009, corporate cash conversion cycles typically increased in length by a significant amount. Why might this have occurred? Was it a good decision by corporate CFOs to allow this to happen? Explain.



5.0

                Module 5 DQ 2

In the economic environment of 2010-2014, the U.S. experienced a slow-growing economy with record low interest rates. In what ways does this type of economic environment diminish the importance of working capital management to the firm? In what ways is working capital management still important in this environment?



Topic 6: The Cost of Capital and Capital Structure



Assignments      Chapter 17 Practice Problems

Complete the following problems from chapter 17 in the textbook:



P17-4

P17-6

P17-8

P17-14

P17-19

P17-21

Follow these instructions for completing and submitting your assignment:



Do all work in Excel. Do not submit Word files or *.pdf files.

Submit a single spreadsheet file for this assignment. Do not submit multiple files.

Place each problem on a separate spreadsheet tab.

Label all inputs and outputs and highlight your final answer.

Follow the directions in “Guidelines for Developing Spreadsheets.”

You are not required to submit this assignment to Turnitin.



40.0

                CLC: Integrative Case

This is a CLC assignment.



Read Integrative Case 7: Casa de Diseno on pages 681-682 in the textbook



in your textbook and answer questions a-f at the end of the case. Keep the following in mind as your complete the assignment:

Unless otherwise noted by your instructor, question a, b, c, and e are worth 10 points. Questions d and f are worth 15.

Answer must be clear and correct.  Label all inputs and outputs.

In question d, organize and label the spreadsheet to clearly delineate parts 1-5. Highlight the answer to each part.

For question f, be sure to reviewall sources of short term financing available to the firm.

Answer all questions on an Excel spreadsheet using the attached “Guidelines for Developing Spreadsheets.”

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are not required to submit this assignment to Turnitin.



100.0

Discussion Questions    Module 6 DQ 2

What are the pros and cons of convertible bonds to a bond investor? Under what conditions would you favor buying convertibles over straight bonds? Why might you favor buying straight bonds over convertibles?



5.0

                Module 6 DQ 1

Which do you believe a firm in a weak financial condition could most easily obtain financing — through a bank loan or financing through a lease? Why?



Topic 7: Dividend Policy



Assignments      Chapter 18 Practice Problems

Complete the following problems from chapter 18 in the textbook:



P18-3

P18-11

P18-12

P18-14

Follow these instructions for completing and submitting your assignment:



Do all work in Excel. Do not submit Word files or *.pdf files.

Submit a single spreadsheet file for this assignment. Do not submit multiple files.

Place each problem on a separate spreadsheet tab.

Label all inputs and outputs and highlight your final answer.

Follow the directions in the “Guidelines for Developing Spreadsheets.”

You are not required to submit this assignment to Turnitin.



40.0

Discussion Questions    Module 7 DQ 1

A host of empirical evidence indicates that the gains from a typical merger accrue to the shareholders of the target corporation, not to the shareholders of the acquiring corporation. It seems the acquiring corporation should be in the “driver’s seat” in a typical merger. Why don’t their shareholders benefit? What do you think typically goes wrong to cause this result?



5.0

                Module 7 DQ 2

The order of priority of claims in liquidation is firmly established in legal precedent. As depicted in Table 18.9 of the textbook, common shareholders are last in priority. Yet, in bankruptcy negotiations, creditors (who have a relatively high priority) often give up their debt in exchange for shares of common stock, whose claim on liquidation proceeds are last on the list. Why might they do this? Do you believe it is a good idea? Explain.



Topic 8: Special Topics in Financial Management



Assignments      Chapter 19 Practice Problems

Complete the following problems from chapter 19 in the textbook:



P19-1

P19-3

P19-5

Follow these instructions for completing and submitting your assignment:



Do all work in Excel. Do not submit Word files or *.pdf files.

Submit a single spreadsheet file for this assignment, do not submit multiple files.

Place each problem on a separate spreadsheet tab.

Label all inputs and outputs and highlight your final answer.

Follow the directions in the “Guidelines for Developing Spreadsheets” located in the Course Materials.

You are not required to submit this assignment to Turnitin.



40.0

Discussion Questions    Module 8 DQ 1

What is a joint venture? Why is it sometimes essential to use this arrangement? What effect do joint-venture laws and restrictions have on the operation of foreign-based subsidiaries?



5.0

                Module 8 DQ 2

Corporations have both accounting exposure and economic exposure to exchange rate risk. What is the difference between these two? Which types of exposure would be most significant, and why?

No comments:

Post a Comment