The purpose of this course is to provide an understanding of major decisions made by companies and the tools used to make these decisions. The first part of the course covers methods used to value investment opportunities. Particular attention is given to discounted cash flows valuation, including the methods of weighted average cost of capital (WACC) and adjusted present value (APV). The second part focuses on capital structure. We will analyze the choice of financing through equity, debt, and other types of securities, and as well as payout policies. Specialized topics, such as mergers and acquisitions, bankruptcy, and corporate hedging will be covered as time permits.