COURSE NUMBER: Busn. 340 Sections 3 & 4
COURSE TITLE: Principles of Finance
SEMESTER: Spring 2003
INSTRUCTOR: Paul Brown
OFFICE: Putnam 105
PHONE: 231-7681
E-MAIL: Paul.Brown@ndsu.nodak.edu
OFFICE HOURS: MWF 10:00 - 10:45am, TR 2:30 - 3:15pm
CLASS LOCATION: Section 3 (11:00am)
Dolve 10
Section 4 (9:00am) Putnam
101
CLASS DAYS & TIME: Section 3, 11:00am - 11:50am,
MWF
Section 4, 9:00am - 9:50am
MWF
TEXT:
Fundamentals of Corporate Finance, Sixth Edition, by Ross,
Westerfield and Jordan, published by McGraw-Hill/Irwin.
COURSE DESCRIPTION: Studies various concepts and analytical
tools in business finance,
including: the use of basic financial statements, the time value
of money, discounting cash flows,
valuing various securities, capital budgeting financial structure and
dividend policy.
COURSE PREREQUISITES: Accounting
201, Economics 201 and 202, Statistics 330, Junior
Standing, and have Acceptance into the Professional Program.
ATTENDANCE, IN-CLASS ACTIVITIES: Preparedness
for class and regular class attendance
are essential for success in this course. Students are expected
to come to each class. If a student
misses a class, they should arrange with a fellow student to obtain the
notes from the missed class.
Students are expected to have read any assigned material, and worked any
assigned problems
prior to coming to class. Additional problems will be worked during
the class.
QUIZZES: There will five
quizzes given during the semester. Quiz dates will be announced
at least one class period prior to the quiz. Each quiz will be worth
25 points. All students will
have their lowest quiz score dropped. There
are no make ups for missed quizzes.
EXAMS: There will be three
exams during the course of the semester, and a final exam. The final
exam is not comprehensive. Each exam will be worth 100 points. Students are expected to take the
exams in class, at the scheduled times.
GRADING: Grades will be
assigned on the following scale: 90-100% A, 80-89% B, 70-79%
C,
60-69% D, below 60% F.
TOPICAL OUTLINE:
The following dates and topics are subject to change. Students are expected to attend class, and are
responsible for keeping current on any schedule
changes.
Dates Topics Chapters to Read
January 15 -
Introduction
1
February 7
Financial Statements
2
Financial Statements (cont.)
3
Time Value of Money
5
Discounted Cash Flows
6
February 10
Exam 1
February 12 -
Interest Rates and Bonds
7
March 7
Stock Valuation
8
Investment Criteria
9
March 10
Exam 2
March 12 -
Capital Investments
10
April 9
Project Analysis
11
Risk, Return, and the SML
12 & 13
April 11 Exam 3
April 14 -
Cost of Capital
15
May 9
Leverage and Capital Structure 17
Dividends and Dividend Policy 18
Final Exams
Section 3 (11:00am):
Tuesday, May 13, 12:30pm
Section 4 (9:00am): Monday, May
12, 8:30am
NOTE: Students with disabilities or other special needs
who need
special accommodations in this course are invited to share these concerns
or requests with the instructor as soon as possible.
IMPORTANT REMINDER: Code of Academic Responsibility
and Conduct
(excerpted from the NDSU Student Handbook): Students are responsible
for
submitting their own work. Students who cooperate on oral or written
examinations
or work without authorization share responsibility for violation of academic
principles,
and the students are subject to disciplinary action even when one of the
students is not
enrolled in the course where the violation occurred.