1999
Wisconsin Insurance Report Card
"The Office of the Commissioner of Insurance defines a complaint as "a written communication received by the Commissioner's
Office that indicates dissatisfaction with an insurance company or agent." In 1999, the office received 9,559 complaints.
Complaints are categorized both by the type of coverage and the reason for the complaint."
Managerial
Finance BUS 465 At
Mount Mary College
Accelerated
Program 2000 Term 2
Instructor:
Jack
Muryn Class Hours:
6:00 – 9:00 PM
Mondays
Office:
Office Hours:
half hour before & after class
Telephone:
email:
jmuryn@uwc.edu
or jmuryn@execpc.com
Web
Site:
http://washington.uwc.edu/about/faculty/muryn_j/Default.htm
Text:
Fundamentals of Financial Management by Eugene. F. Brigham and
Joel F. Houston, 8th Edition, 1998.
Class
Lecture Slides: Ch. 9
Ch.
10 Ch.11
Ch. 13
Ch. 14
Ch. 16
Ch. 17
Ch. 18
Completed Sample Exams: Exam One.
Exam Two
Completed solutions for problems in the Mid Term Exam:
Answers
for Mid Term.
Objectives:
1.
Gain a comprehensive knowledge and
understanding of the field of investment finance,
2.
Apply the concepts of managerial finance
learned in the lectures, discussions, readings and problems to personnel
financial management.
3.
Understand the current and popular
literature of finance and financial institutions.
Grading
Criterion:
Participation
10%
Problems
10%
Stock Project
20%
Mid Term Exam
30%
Final Examination
30%
Master
Schedule:
|
Date
|
Chapter
|
Readings
|
Problems
|
Stock Project
|
Exams
|
|
Oct. 23
|
9
|
The Cost of Capital
|
9-11; 9-20
|
|
|
|
Oct. 30
|
10 & 11
|
The Basics of Capital Budgeting &
Cash Flow Estimation
|
10-17;
10-22
11-5
|
Report Part 1
|
|
|
Nov. 6
|
13
|
Capital Structure & Leverage
|
13-7; 13-12
|
|
|
|
Nov. 13
|
14
|
Dividend Policy
|
14-9
|
Report Part 2
|
Mid Term
|
|
Nov. 20
|
16
|
Managing Current Assets
|
16-9
|
|
|
|
Nov. 27
|
17
|
Financing Current Assets
|
17-8; 17-17
|
|
|
|
Dec. 4
|
18
|
Multinational Financial Management
|
18-12;
18-14
|
Final Report
|
|
|
Dec. 11
|
|
Review
|
|
|
Final Exam
|
Solutions
to assigned Problems: 10-17
10-22
13-7
14-9
16-9
17-7 & 17-17
18-12 & 18-14
Document:
Use
the internet to find the daily, weekly, monthly, or yearly quotes.
Stock Project's
Procedure using current technology: The INTERNET
Stock
Project:
Reference:
http://www.contemporarybusiness.com/student/bkstock.htm
Your
Uncle Duane died and left you $25,000. He
specifically requested that you use the money to purchase at least three
different stocks. One of the stocks
purchased must be a company, which has gone public sometime in the past 4 years
(Initial Public Offering IPO]). Also,
one stock must be on the list of stocks used to calculate the DOW Jones
Industrial Average (DJIA). Stocks
must be purchased in 100 share blocks. You
will pay a $50 commission for each 100 shares purchased.
You must spend at least $25,000 on your stocks.
If you want, you can add your own money to the purchases but do not spend
more than $30,000 in total.
You
should buy your stocks during the first week of class using the closing price in
the Wall Street Journal (WSJ). If
you want, you may sell your stock and then buy other stock during the semester.
Remember that you will pay a $50 commission for every 100 shares sold or
purchased. You must make sure to
keep track of all sales and the resulting gains or losses. Any money you receive from selling your stock must be
reinvested in new stock.
As soon
as you know what stock you want to purchase from the DJIA list please let me
know. I'd like each person to
purchase a different company so it will be done on a first come basis.
Twice a
week you need to check the closing prices of your stocks.
A table of the closing prices and dates should be prepared along with a
graph of the prices. Do a separate
graph for each holding. On the same
date, look at the DJIA and graph that on a separate graph.
You
also need to do some research on your DJIA & IPO stocks. As discussed in
class, you can find information regarding the company in Value Line, Standard
and Poors, Business Week, Forbes, WSJ, other business publications, and on the
Internet. You will be writing a two
to three page paper summarizing this information.
In addition, you will be presenting your stock portfolio and information
on your companies to the class. Also
obtain, as soon as possible the most recent annual reports for your DJIA and IPO
companies. Any articles that you
cut out should be mounted on 8 1/2" by 11" paper.
Put together a folder
of the information listed above so it can be easily handed in during the Term.
The following is a schedule of when I will be collecting your folders to review
your holdings. Also listed are
items I will be looking for in your folder.
This project counts for 20% of your grade
Stock
Report Part 1: Monday, October 30, 2000
*List of your purchases
and date of purchases
*Cost per share before and
including commissions
*Total amount spent on
your portfolio including commissions
*4 closing prices for each
holding and their graphs
*DJIA graph
*Two to three page typed
paper discussing your stock portfolio and why you chose the stocks.
Also summarize the information you found regarding the DJIA and IPO
stocks purchased including when the company was established, product line(s),
dividend policies, markets they are in, performance during 1999, and how
analysts view your stock as an investment for the future.
Stock Report Part 2:
November 13, 2000
*10 closing prices for
each holding and their graphs
*Updated DJIA graph
*Annual report for your
DJIA and IPO companies (or letter showing it has been requested)
*Any trades during the
last month? If so, applicable
information
*Net worth of portfolio at
the last closing date used, calculate the gain or loss.
*Any recent developments
that have affected your stock prices?
*At least two recent WSJ
articles regarding your companies (If not WSJ then other sources dated after
12/31/99)
Final
Report, November 27, 2000
*10 closing prices for
each holding and their graphs
*Updated DJIA graph
*Annual report for DJIA
and IPO companies
*Any trades during the
last month? If so, applicable
information.
*Two more recent WSJ
articles regarding your companies (dated after 12/31/99)
*Using November 22, 2000
closing prices, what is the net worth of your portfolio?
*What is the gain or loss
since you first purchased your stocks?
*Article from any business
publication regarding the foreign markets your DJIA stock or IPO stock is
involved in or plans to expand into foreign markets.
I would like a one to two
page typed summary analyzing how your stocks performed compared to the DJIA that
we have been plotting. Remember beta? Check
on what that is for each of your companies and sees if is seems to be accurate.
Also, what have you learned about the companies you owned during the
semester? Did any of the
information you learned affect the stock price?
What did you learn from the project and do you have any suggestions about
what else we could have done?
