融跃教育

教材精讲班

• 1. Introduction

  • Introduction

    

  • Professional Marks

    

• 2.Part A Investment appraisal

  • 00 Part A Introduction

    

  • 01 NPV format

    

  • 02 Relavant CF

    

  • 03 CA and Tax

    

  • 04 Investment in WC

    

  • 05 Discussion about investment appraisal

    

  • 01 oversea NPV format

    

  • 02 PPPT

    

  • 03 Addditional tax

    

  • 04 Discussion about international investment

    

  • 03 APV format

    

  • 01 Basicc option pricing-BSOP

    

  • 02 BSOP-practice

    

  • 03 BSOP-计算过程中的特殊情况

    

  • 04 BSOP-practice

    

  • 05 Limitation of the Black Scholes Model

    

  • 01 Delta hedging

    

  • 02 Delta-practice

    

  • 03 comment on delta hedging

    

  • 04 Real option-Greeks

    

  • 05 Real option-real option prcing

    

  • 01 Investment appraisal focus on profitability

    

  • 02 Investment appraisal focus on liquidity

    

  • 03 Investment appraisal focus on risk

    

  • 04 Discussing

    

  • 05 Capital rationing

    

• 3.Part B Financing

  • 00 Part B Introduction

    

  • 01 Source of financing

    

  • 02 Considerations when choosing source of finance

    

  • 01 Cost of debts

    

  • 01 Cost of debts-practice

    

  • 02 Valuation

    

  • 03 Bond duration

    

  • 04 Modified duration and convexity

    

• 4.Part C Merger and acquisition

  • 00 Part C Introduction

    

  • 01 M&A additional value

    

  • 02 Cnsideration calculation&Max Consideration and max premium

    

  • 01 Effcient market

    

  • 02 Asset valuation model

    

  • 03 Relative valuation model

    

  • 04 Flow valuation model

    

  • 05 BSOP method for valuation

    

  • 05 Discussion ablout M&A

    

• 5.Part D Reconstruction

  • 00 Part C Introduction&Credit agencies

    

  • 02 Business reconstruction and finance reconstruction

    

  • 00 WACC复习

    

  • 01 Impact on WACCRisk adujsted WACC

    

  • 02 Impact on statement of financial position

    

  • 03 Impact on EPS and gearing

    

  • 04 Impact on stakeholder

    

• 6.Part E Risk management

  • 01 Discussions ablout risk management

    

  • 01-FRA

    

  • 02 Future

    

  • 03 Option on futures

    

  • 04 Collar

    

  • 05 Swap

    

  • 00 types of risk

    

  • 01 Forward &02 Future

    

  • 03 Option on forward

    

  • 04 Option on future

    

  • 05 Netting

    

  • 06 Swaps

    

  • 07 Money market hedging

    

• 7.Part F Dividend

  • 01 Dividends irrelevant theory

    

  • 02 Dividends policy analysis

    

  • 03 Dividend capacity=FCFE

    

  • 04 Ethical issues

    

• 8.Part G Performance evaluating

  • 01 Performance evaluating

    

• 9.Part H Current issues

  • 01 Current issues