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25905 Capital Budgeting and Valuation (Advanced)
6cp; prerequisite(s): 25906 Portfolio Theory and Investment Analysis (Advanced); 25620 Derivative Securities; 25556 The Financial System
Undergraduate

This subject presents the technical tools to master capital budgeting and valuation. Both the traditional and real-options viewpoint is presented. The theory of the financing and investment decisions of the firm is also discussed and empirical evidence and applications are considered.