Slide 1MICROFINANCE AND ROSCA S P.V. Viswanath Slide 2 ROSCAs Rotating Savings and Credit Associations (ROSCAs) are in the middle of a spectrum Informal loans from family/relatives…

Slide 1Stock Valuation P.V. Viswanath Slide 2 2 Key Concepts and Skills Understand how stock prices depend on future dividends and dividend growth Be able to compute stock…

Slide 1P.V. VISWANATH Slide 2 2 How is cash returned? The Mechanics How do we choose between dividends and Share Repurchases? Why Dividends and Share Repurchases are irrelevant…

Slide 1P.V. VISWANATH Slide 2 2 Previously, we assumed that we could write: That is, the asset return has two components – one component, a i + b i R m related to the market…

Slide 1BEYOND GROUP LENDING P.V. Viswanath Slide 2 Learning Goals  What are some problems with group lending?  What can a model of individual loans with costly debt…

Slide 1 The Foreign Exchange Market International Corporate Finance P.V. Viswanath Slide 2 2 Market Organization  The forex market is an electronically linked network…

Slide 1 Introduction to Financial Statement Analysis P.V. Viswanath Slide 2 2 Functions of Financial Statements  They provide information to the owners and creditors of…

Slide 1 The Corporation and How it Functions P.V. Viswanath Slide 2 2 What is corporate finance?  Every decision that a business makes has financial implications, and…

Slide 1 P.V. VISWANATH Slide 2 P.V. Viswanath 2 They provide information to the owners and creditors of the firm about the company’s current status and past financial performance…

Slide 1 Stock Valuation P.V. Viswanath Slide 2 2 Key Concepts and Skills  Understand how stock prices depend on future dividends and dividend growth  Be able to compute…