This course evaluates how the financing choices the firm makes influence the creation of firm value and allocation of firm risks among investors. Course presents the debt vs. equity trade-off, tax effects of financing, dividend vs. share repurchases, and the impact on managerial incentives and agency problems.
prereq: FINA 3001 or FINA 3001H; CSOM mjr or NONM or Management minor or Math/Actuarial Science major.