教學內容選擇與安排

1、教學內容選擇與安排教學內容與具體安排：本課程共54學時，其中講課46學時、實踐8學時。內容如下：第1章 公司理財導論（講課1學時、實踐1學時）1.1公司理財與財務經理1.2企業(yè)組織形態(tài)1.3財務管理的目標1.4代理問題與公司控制1.5金融市場與公司1.6概要與總結Chapter 1 Introduction to Corporate Finance1.1 Corporate Finance and the Financial Manager1.2 Forms of Business Organization1.3 The Goal of Financial Management1.4 The

2、Agency Problem and Control of the Corporation1.5 Financial Markets and the Corporation1.6 Summary and Conclusions第2章 財務報表、稅和現金流量（講課2學時） 2.1資產負債表 2.2利潤表 2.3稅 2.4現金流量 2.5概要與總結Chapter 2 Financial Statements,Taxes,and Cash Flow 2.1 The Balance Sheet 2.2 The Income Statement 2.3 Taxes 2.4 Cash Flow 2.5 S

3、ummary and Conclusions第3章 利用財務報表（講課2學時）3.1現金流量與財務報表：更進一步的觀察3.2標準財務報表3.3比率分析3.4杜邦恒等式3.5利用財務報表信息3.6概要與總結Chapter 3 Working With Financial Statements3.1 Cash Flow and Financial Statements: A Closer Look3.2 Standardized Financial Statements3.3 Ratio Analysis3.4 The DuPont Identity3.5 Using Financial Stat

4、ement Information3.6 Summary and Conclusions第4章 長期財務計劃與增長（講課3學時） 4.1什么是財務計劃 4.2制定財務計劃模型：初步探討 4.3銷售收入百分比法 4.4外部籌資與增長4.5關于財務計劃制定模型的幾點告誡4.6概要與總結Chapter 4 Long-Term Financial Planning and Growth4.1 What is Financial Planning?4.2 Financial Planning Models: A First Look4.3 The Percentage of Sales Approach

5、4.4 External Financing and Growth4.5 Some Caveats Regarding Financial Planning Models4.6 Summary and Conclusions第5章 估價導論：貨幣的時間價值（講課2學時）5.1終值與復利5.2現值與貼現5.3現值與終值的進一步講解5.4概要與總結Chapter 5 Introduction to Valuation: The Time Value of Money5.1 Future Value and Compounding5.2 Present Value and Discounting5.

6、3 More on Present and Future Value5.4 Summary and Conclusions第6章 貼現現金流量估價（講課2學時、實踐1學時） 6.1多期現金流量的現值與終值6.2評估均衡現金流量：年金與永續(xù)年金6.3比較利率：復利的影響6.4貸款種類與分期償還貸款6.5概要與總結Chapter 6 Discounted Cash Flow Valuation 6.1 Future and Present Values of Multiple Cash Flows6.2 Valuing Level Cash Flows: Annuities and Perpetu

7、ities6.3 Comparing Rates: The Effect of Compounding6.4 Loan Types and Loan Amortization6.5 Summary and Conclusions第7章 利率與債券估價（講課3學時、實踐1學時） 7.1債券與債券估價7.2債券的其他特點7.3債券評級7.4一些不同類型的債券7.5債券市場7.6通貨膨脹與利率7.7債券收益率的決定因素7.8概要與總結Chapter 7 Interest Rates and Bond Valuation 7.1 Bonds and Bond Valuation7.2 More on

8、Bond Features7.3 Bond Ratings7.4 Some Different Types of Bonds7.5 Bond Markets7.6 Inflation and Interest Rates7.7 Determinants of Bond Yields7.8 Summary and Conclusions第8章 股票估價（講課1學時、實踐1學時）8.1普通股估價8.2普通股和優(yōu)先股的一些特點8.3股票市場8.4概要與總結Chapter 8 Stock Valuation8.1 Common Stock Valuation8.2 Some Features of C

9、ommon and Preferred Stocks8.3 The Stock Markets8.4 Summary and Conclusions第9章 凈現值與其他投資準繩（講課3學時、實踐1學時）9.1凈現值9.2回收期法則9.3貼現回收期9.4平均會計報酬率9.5內含報酬率9.6獲利能力指數9.7資本預算實務9.8概要與總結Chapter 9 Net Present Value and Other Investment Criteria9.1 Net Present Value9.2 The Payback Rule9.3 The Discounted Payback9.4 The A

10、verage Accounting Return9.5 The Internal Rate of Return9.6 The Profitability Index9.7 The Practice of Capital Budgeting9.8 Summary and Conclusions第10章 資本性投資決策（講課2學時、實踐1學時）10.1項目現金流量：初步考察10.2增量現金流量10.3預計財務報表與項目現金流量10.4項目現金流量的進一步講解10.5經營現金流量的其他定義10.6貼現現金流量分析的一些特殊情況10.7概要與總結Chapter 10 Making Capital In

11、vestment Decisions10.1 Project Cash Flows: A First Look10.2 Incremental Cash Flows10.3 Pro Forma Financial Statements and Project Cash Flows10.4 More on Project Cash Flow10.5 Alternative Definitions of Operating Cash Flow10.6 Some Special Cases of Cash Flow Analysis10.7 Summary and Conclusions第11章 項

12、目分析與評估（講課3學時）11.1評估NPV估計值11.2情境分析與其他條件分析11.3保本點分析11.4經營現金流量、銷售量和保本點11.5經營杠桿11.6資本限額11.7概要與總結Chapter 11 Project Analysis and Evaluation11.1 Evaluating NPV Estimates11.2 Scenario and Other What-If Analyses11.3 Break-Even Analysis11.4 Operating Cash Flow, Sales Volume, and Break-Even11.5 Operating Leve

13、rage11.6 Capital Rationing11.7 Summary and Conclusions 第12章 資本市場歷史的一些啟示（講課3學時） 12.1 報酬 12.2 歷史記錄 12.3 平均報酬率：第一個啟示 12.4 報酬率的變動性：第二個啟示 12.5 關于平均報酬率的更多講述 12.6 資本市場效率 12.7 概要與總結Chapter 12 Some Lessons from Capital Market History 12.1 Returns 12.2 The Historical Record 12.3 Average Returns:The First Less

14、on 12.4 The Variability of Returns:The Second Lesson 12.5 More on Average Returns 12.6 Capital Market Efficiency 12.7 Summary and Conclusions 第13章 報酬、風險與證券市場線（講課5學時、實踐1學時） 13.1 期望報酬率與方法 13.2 投資組合 13.3 宣告、意外事項與期望報酬率 13.4 風險：系統(tǒng)的和非系統(tǒng)的 13.5 分散化與投資組合風險 13.6 系統(tǒng)風險與貝塔系數 13.7 證券市場線 13.8 證券市場線與資本成本：預覽 13.9 概要

15、與總結Chapter 13 Return,Risk,and the Security Market Line 13.1 Expected Returns and Variances 13.2 Portfolios 13.3 Announcements,Surprises,and Expected Returns 13.4 Risk:Systematic and Unsystematic 13.5 Diversification and Portfolio Risk 13.6 Systematic Risk and Beta 13.7 The Security Market Line 13.8

16、The SML and the Cost of Capital:A Preview13.9 Summary and Conclusions 第14章 期權與公司理財（講課4學時、實踐1學時） 14.1 期權：基礎知識 14.2 期權股價基礎 14.3 看漲期權估價 14.4 員工股票期權 14.5 作為企業(yè)資產看漲期權的權益 14.6 期權與資本預算 14.7 期權與公司證券 14.8 概要與總結Chapter 14 Options and Corporate Finance 14.1 Options:The Basics 14.2 Fundamentals of Option Valuati

17、on 14.3 Valuing a Call Option 14.4 Employee Stock Options 14.5 Equity as a Call Option on the Firms Assets 14.6 Options and Capital Budgeting 14.7 Options and Corporate Securities 14.8 Summary and Conclusions第15章 資本成本（講課2學時）15.1資本成本：一些預備知識15.2權益成本15.3 債務成本和優(yōu)先股成本15.4 加權平均資本成本15.5 部門與項目資本成本15.6 發(fā)行成本與加

18、權平均資本成本15.7 概要與總結Chapter 15 Cost of Capital15.1 The Cost of Capital: Some Preliminaries 15.2 The Cost of Equity15.3 The Costs of Debt and Preferred Stock15.4 he Weighted Average Cost of Capita15.5 Divisional and Project Costs of Capital15.6 Flotation Costs and the Weighted Average Cost of Capital15.

19、7 Summary and Conclusions第16章 籌集成本 （講課2學時）16.1公司的籌資生命周期：早期籌資和風險成本16.2公開發(fā)售證券：基本程序16.3 其他放行方式16.4 承銷商16.5 IPO與低定價16.6 新權益發(fā)售與公司價值16.7 發(fā)行證券的成本16.8 認股權16.9 稀釋16.10 發(fā)行長期債務16.11 擱置注冊16.12 概要與總結Chapter 16 Raising Capital16.1 The Financing Life Cycle of a Firm: Early-Stage Financing and Venture Capital16.2 S

20、elling Securities to the Public: The Basic Procedure 16.3 Alternative Issue Methods16.4 Underwriters16.5 IPOs and Underpricing16.6 New Equity Sales and the Value of the Firm16.7 The Cost of Issuing Securities16.8 Rights16.9 Dilution16.10 Issuing Long-Term Debt16.11 Shelf Registration16.12 Summary an

21、d Conclusions第17章 債務杠桿與資本結構政策 （講課2學時、實踐1學時）17.1資本結構問題17.2財務杠桿效應17.3 資本結構與權益資本成本17.4 有公司稅的MM第一定理和第二定理17.5 破產成本17.6 最優(yōu)資本結構17.7 重談餅圖17.8 觀察到的資本結構17.9 破產程序一瞥17.10概要與總結Chapter 17 Financial Leverage and Capital Structure Policy17.1 The Capital Structure Question17.2 The Effect of Financial Leverage17.3 Ca

22、pital Structure and the Cost of Equity Capital17.4 M&M Propositions I and II with Corporate Taxes17.5 Bankruptcy Costs17.6 Optimal Capital Structure17.7 The Pie Again17.8 Observed Capital Structures17.9 A Quick Look at the Bankruptcy Process17.10 Summary and Conclusions第18章 股利與股利政策 （講課2學時、實踐1學時）

23、18.1現金股利與股利派發(fā)18.2股利政策起作用嗎18.3 偏愛低股利的真實世界因素18.4偏愛高股利的真實世界因素18.5真實世界因素的一個解答？18.6 制定股利政策18.7 股票回購：現金股利的替代方案18.8 股票股利和股票分拆18.9概要與總結Chapter 18 Dividends and Dividend Policy18.1 Cash Dividends and Dividend Payment18.2 Does Dividend Policy Matter?18.3 Some Real-World Factors Favoring a Low Payout18.4 Some Real-World Factors Favoring a High Payout18.5 A Resolution of Real-World Factors18.6 Establishing a Dividend Policy18.7 Stock Repurchase: An Altern