Weighted Average Cost of Capital

 

 

In class discussion:

This section trains the student to calculate the cost of financing from the firm's point of view.  It assumes the student is experienced at valuing different securities from the investors point of view.  With slight modifications, the valuation techniques used by investors can be used by firms issuing securities to calculate the annual costs associated with a particular type of firm financing.  Once the costs of individual types of financing are known, the firms weighted average cost of capital can be calculated. 

 

Text Readings and Assignments:

 

Fundamentals of Financial Management, by Eugene F. Brigham & Joel F. Houston, 11th. edition, (Thomsom - South-Western)

ISBN: 0324319800

Student Textbook Website

 

Assigned Readings:                Chapter 10 (pp. 328-349)

Component Chapter Sections:

Pages

Questions

Self Test

Problems

Topics 10.1 - 10.10 328 - 349      
Assignments     1,2,3,4,5 1,2 1,2,3,4,5,6,7,8,9,10,13,14,17,19

 

Solutions to assigned Questions and Problems are available in MS WORD format here.

 

Dr. Constand's Online Readings:

There are no online readings for this topic.  Focus on the textbook assignments.

 


Return to

home page for FIN 3403

 

or jump to another topic in this module:

Overview of Entire Module

Time Value of Money

Analyzing Financial Statements

Risk and Return in Finance

Interest Rates

Debt - Valuation and Rates of Return

Equity - Valuation and Rates of Return

Calculating the Weighted Average Cost of Capital

Capital Budgeting - Valuation of Investment Projects