[FIN 300] - Final Exam Guide - Comprehensive Notes fot the exam (27 pages long!)

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29 Mar 2017
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Goal of the ceo of a public company. 3 decisions manager makes to achieve goal of maximizing shareholder value. 3. dividends (profs third decision, use dividend for the midterm) Short-term nancial management operating nwc (textbooks third decision, use this for the test. Market value of the assets (v) equals the present value of the expected (future) cash. Ow from the assets (cfa) from year 1 to in nity. Market value of the debt (d) equals present value of the expected (future forecasted) cash ow to bondholders (cfb) from year 1 to in nity. Market value of equity (e) equal to the present value of the expected cash ow to shareholders (cfs) from year 1 to in nity. Mv of assets = mv of debt + mv of equity. Cash flow from assets (cfa) = operating cash flow (ocf) investments in addition to operating nwc capital spending. Cfa = 3020 500 capital spending. Cfb = interrest + principle repaid - new loans.

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