FINC 712 - Capital Budgeting

Credit(s): 3
Prerequisite(s): MBAA 501, MBAA 502, MBAA 507, MBAA 601, MBAA 602, MBAA 604 and ACCT 742.
The theory of capital budgeting and risk management of long-term funds is explored. Topics include: capital structure management, cost of capital and the effects of the balance sheet of the corporation, theory and measurement of capital costs, value theory, capital rationing, cash management and inventory policy. Attention is given to the effects capital budgeting has on the stockholders’ return on investments.