This is the first in a two-course sequence that introduces the theory of financial decision-making within firms. Topics include capital budgeting, cost of capital, security issuance, capital structure, payout policy and dividends, short term finance, and risk management, among others. [Note: Formerly AFM 271] Prereq: One of STAT 211, 230, 240, or ECON 221; Accounting and Financial Management, Science Biotechnology/Chartered Accountancy. Antireq: ACTSC 291/AFM 272, ACTSC 371, ECON 371(Cross-listed with AFM 273)
