AEM 3240 Finance (also PAM 5620)
Fall and spring. 4 credits. Priority given to CALS majors. Prerequisites: AEM 2100, 1200, and 2210, or equivalents. Three evening prelims. R. Curtis.
Focuses on the mathematics of finance, valuation, and the economics of managerial decisions, corporate financial policy, risk management, and investments. Topics include the time value of money, bond and stock valuation, capital-budgeting decisions, financing alternatives, the cost of capital and the capital-structure decision, distribution policy, mergers and acquisitions and restructuring, options, forward and futures contracts, market efficiency and market anomalies, strategies of successful investors, and personal finance.