Discounting of certain future cash flows. Principles of evaluation of investment projects. Demand and supply of investment funds. Risk and the valuation of asset prices. Analysis of a firm's debt and dividend policies;the effect of taxes and inflation on these policies.

Prerequisites: Economics 100B or 104B, and 140A.

4

Units

Letter

Grading

1, 2, 3

Passtime

None

Level Limit

Letters and science

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