Corporate Finance

Lectures, in sequence

The following are preliminary, subject to changes. Final versions appear closer to the lecture start.

Introduction to the teaching by Bernt Arne Ødegaard.
- Introduction - Read this before the first lecture.
Fixed Income
- Interest Rates (25 jan)
- Bond Pricing (28 jan)
Extras
- Norwegian Government Debt (supplementary)
Equity
- CAPM (8 feb)
- Cost of Capital estimation (8 feb)
Extras
- Valuation parameters for Norway (annual survey)
- NHY Using Equity data for Norsk Hydro (NHY) (supplementary)
- Yara Using equity data for Yara (supplementary)
Raising Capital
- Raising Capital (8 feb)
Extras
- Egenkapitalutvidelser ved Oslo Børs (in Norwegian) (supplementary)
Capital Structure Decisions (10 feb)
- Capital Structure decisions - debt/equity
Payout Decisions (22 feb)
- Dividend issues
Extras
- Case: Dividend cuts in DnB (spleiselaget) (in Norwegian) (supplementary)
Risk Management (26 feb)
- Exposure
- Corporate risk management using financial derivatives
Extras
- Cycling VM Bergen 2018 (Some links for the example in class)
- Exposure of some OSE companies (More details about the example used in the lecture)
- Risikostyring med derivater (norwegian, supplementary)
- Currency Risk Management in Norwegian Companies (supplementary)
Company Valuation (8 mar)
- Company Valuation
Corporate Restructurings (22 mar)
- Company restructuring