Table of Contents

• I. FINANCIAL THEORY.
• 1. Introduction to Capital Markets, Consumption and Investment.
• 2. Investment Decisions: The Certainty Case. 
• 3. Theory of Choice Under Uncertainty: Utility Theory.
• 4. State-Preference Theory.
•  5. Objects of Choice.
•  6. Market Equilibrium: CAPM and APT.
•  7. Pricing Contingent Claims: Option Price Theory and Evidence.
•  8. Futures Contracts and Markets - Term Structure - Cox, Ingersoll, Ross.
•  9. Multiperiod Aspects of Financial Theory - Real Options - Investment.
• 10. Efficient Capital Markets: Theory.
• 11. Efficient Capital Market: Evidence.
• 12. Information Asymmetry: Agency Cost Theory and Signaling.
• 13 Corporate Policy
• 14. Valuation and Tax Policy.
• 15. Capital Structure.
• 16. Dividend Policy.
• 17. Applied Issues in Corporate Finance.
• 18. External Investment Decisions.
• 19. International Finance: Theory and Evidence.
• 20. Open-Ended Issues for Research.