TAILIEUCHUNG - Lecture Principles of Managerial finance (4th edition): Chapter 5 - Lawrence J. Gitman

Chapter 5 - Risk and return. Chapter 5 lays the groundwork, defining the terms risk and return and explaining why investors think about risk in different ways depending on whether they want to understand the risk of a specific investment or the risk of a broad portfolio of investments. | Chapter 5 Risk and Return Learning Goals Understand the meaning and fundamentals of risk, return, and risk aversion. Describe procedures for assessing and measuring the risk of a single asset. Discuss the measurement of return and standard deviation for a portfolio and the concept of correlation. Understand the risk and return characteristics of a portfolio in terms of correlation and diversification, and the impact of international assets on a portfolio. Learning Goals (cont.) Review the two types of risk and the derivation and role of beta in measuring the relevant risk of both a security and a portfolio. Explain the capital asset pricing model (CAPM) and its relationship to the security market line (SML), and the major forces causing shifts in the SML. Risk and Return Fundamentals If everyone knew ahead of time how much a stock would sell for some time in the future, investing would be simple endeavor. Unfortunately, it is difficult—if not impossible—to make such predictions with .

• Tài chính doanh nghiệp
• Managerial finance
• Principles of managerial finance
• Lecture Principles of managerial finance
• Environment of managerial finance
• Risk and Return Fundamentals
• Financial services
• Career opportunities
• Financial statements
• Financial analysis
• Cash flow
• Financial planning
• Time value of money
• Future calue
• Interest rates
• Bond valuation
• Stock valuation
• Equity capital
• International managerial finance
• Capital budgeting cash flow
• Incremental cash flows
• Capital budgeting techniques
• Net present value
• The cost of capital
• Cost of long term debt
• Marginal cost
• Breakeven analysis
• Capital structure
• Operating breakeven point
• Working capital
• Current asset management
• Spontaneous liabilities
• Accounts payable management
• Short term loans
• Lecture Managerial finance
• Financial options
• Corporate finance
• Option terminology
• Dividend policy
• The financial market environment
• Corporate governance
• Managerial behavior
• Stock options
• Capital budgeting cash flows
• Payout policy
• Current liabilities management
• Business organization
• Maximize wealth
• Financial securities
• Free cash flows
• Future value
• Present value
• Rates of return
• Balance sheet
• Personal taxes