Principles of corporate finance 6th brealey myers chapter 35

Principles of Corporate Finance Brealey and Myers  Sixth Edition Conclusion: What We Do and Do Not Know about Finance Slides by Matthew Will Irwin/McGraw Hill Chapter 35 ©The McGraw-Hill Companies, Inc., 200 35- Topics Covered  What We Do Know  What We Do Not Know Irwin/McGraw Hill ©The McGraw-Hill Companies, Inc., 200 35- Most Important Ideas in Finance  Net Present Value  Capital Asset Pricing Model (CAPM)  Efficient Capital Markets  Value Additivity & Law Conservation of Value  Capital Structure Theory  Option Theory  Agency Theory Irwin/McGraw Hill ©The McGraw-Hill Companies, Inc., 200 35- 10 Unsolved Problems In Finance  How major decisions are made?  What determines project risk and PV ?  Risk and return - What have we missed?  How important are the exceptions to the Efficient Market Theory?  Is management an off-balance-sheet liability? Irwin/McGraw Hill ©The McGraw-Hill Companies, Inc., 200 35- 10 Unsolved Problems In Finance  How can we explain the success of new markets and new securities?  How can we resolve the dividend controversy?  What risks should a firm take?  What is the value of liquidity? Irwin/McGraw Hill ©The McGraw-Hill Companies, Inc., 200 ...  Is management an off-balance-sheet liability? Irwin/McGraw Hill ©The McGraw-Hill Companies, Inc., 200 35- 10 Unsolved Problems In Finance  How can we explain the success of new markets and... & Law Conservation of Value  Capital Structure Theory  Option Theory  Agency Theory Irwin/McGraw Hill ©The McGraw-Hill Companies, Inc., 200 35- 10 Unsolved Problems In Finance  How major.. .35- Topics Covered  What We Do Know  What We Do Not Know Irwin/McGraw Hill ©The McGraw-Hill Companies, Inc., 200 35- Most Important Ideas in Finance  Net Present Value