Tuesday, February 27, 2007

Getting Good

My corporate finance class is finally getting to the good stuff.

After a month of doing what amount to math problems (for example, finding the present value of securities) we are getting to the substance: capital budgeting and raising capital. Granted, capital budgeting is also like applied math, but it's more clearly applicable in a business setting than finding the present value of a growing perpetuity. And raising capital is somehow dramatically interesting.

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