The financial decision-making process including the financing, investment, and dividend decisions of the firm. Institutional aspects of finance, with emphasis on the characteristics of various debt and equity instruments available in Canadian capital markets. The characteristics of various debt and equity instruments available in the Canadian capital market. Security analysis and portfolio management.
Emphasis is placed on an analysis of bonds and common stocks.
Analysis of derivative instruments such as futures contracts, put and call options and swaps. Emphasis is placed on the valuation of these instruments as a foundation for valuing complex securities. International Financial markets, exchange rates, forward markets, interest rate parity. International dimensions of investment, including both portfolio and foreign direct investment. International dimensions of corporate finance, including valuation and the cost of capital of foreign investments. . . . . . . . . . . . . . . . . . . . .