FIN 3000 Business Finance 
Military Term April 2004 
Professor: Michael A. S. Guth, Ph.D., J.D. 

Office: Oak Ridge, TN 
Office Telephone: 8654838309 
Office Hours: Monday – Saturday, 9 AM – 7 PM (Eastern time – New York City time) 
Office Fax: 425number changing 
Web Site Address: http://michaelguth.com/economist.htm 
Email Address: mike@michaelguth.com Please do not send correspondence to me via the WebCT email system or campus pipeline, because they will not forward to my external email account and will not reach me. 
This
course is the backbone course for financial techniques and quantitative
financial analysis. The course poses
some challenges for most students due to (1) practical use of concepts that
rely heavily on basic accounting principles (without taking any accounting
courses prior to this one, students find the material hard), and (2) rather
difficult mathematical equations that must be solved. Up to now, business students have largely relied on simple
algebraic formulas to complete the math content of their business courses. Here, students will be exposed to equations
that have terms, e.g., raised to the exponent 13, and it will be impossible to
try to solve the equations without a financial calculator. NOTE:
You do not need to buy a financial calculator to hold in your hand just
for this course. Financial calculator
software now abounds on the Internet for free.
However, if you plan to do financial analysis in your professional career,
then it may be wise to purchase a financial calculator with which you are comfortable
inputting. If you elect to use an
Internetbased financial calculator, then you must find a web page with inputs
and outputs that you can understand and deploy quickly. Just remember, not all webbased financial
calculators are created equally, and the authors of free Internet programs do
not guarantee their programs are accurate.
So you will need to verify the results.
This course aims to give you the tools you will need to assist with financial decisions in the corporate environment. Major topics areas covered in the course include the time value of money; valuation of stocks, bonds, and the firm; capital budgeting; financial statement analysis; ratio analysis; discounting, and net present value. Students will be expected to demonstrate proficiency in the HPU core theme of Communication: working in teams and thinking critically about the financial strategies of firms.
I will try to give you hints throughout the course that will assist you with problems and alleviate some of the stress you will feel when you spend hours on a problem and still cannot solve it. However, there are several policies that will be followed:
Assignments: 
Points: 
Date: 
GRADING SCALE: 
Midterm Exam 
TBD 
TBD 
A+,A,A: 90 – 100% 
Final Exam 
TBD 
TBD 
B+,B,B: 80 – 89 % 
Homework 
TDB 

C+,C,C: 70 – 79% 



D+,D,D: 61  240 points 



F: 60% and below 
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Week 1: Chapters One and
Two:
Week 2: Chapters Three and Four:
Week 4: Chapters Five and Six:
Week 5: Midterm Exam study, practice, complete
exam
Week 6: Chapters Seven and Eight:
Week 7: Read Chapter 9  Making Capital Investment Decisions
and
Chapter Eleven: Risk
and Returns.
Week 8: Read Chapter Twelve  Cost of Capital, and Chapter Thirteen  Leverage and Capital Structure.
Week 9: Read Chapters Fourteen  Dividends and Dividend Policy; and Seventeen  Working Capital Management.
Week 10: Final Exam study, practice, complete exam
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Lecture Notes:FIN 3000:The following files are the PowerPoint presentations to which I may refer in this course. Please feel free to download them or view them in your web browser. If you do not have PowerPoint on your computer, please download the PowerPoint viewer file, which is located on the instructions page listed below. These files will allow you to:
The Lecture Notes and quizzes used in this course were developed by Professor Mark Lane. We are covering the exact content as his groundbased course, so that no student will feel he or she is getting less out of the online course than what is taught on the ground. Thus Prof. Lane’s lecture notes should be germane to each of the chapters assigned from the textbook.


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This area will contain various reference items for FIN 3000.
Calculating NPV in Microsoft Excel
Calculator Usage Instructions:
For Calculator Instructions, Simply Click on the Calculator.
· How to do Regressions on your Calculator
·
Running Regressions using Microsoft Excel (HTML Document)
· Animated Calculator Instructions
New Software:
Web Sites of Interest:Please click here to go to the Web Sites page for FIN 3000. Exams from Previous Semesters:
FinCoach Software: (If you are accessing this site using a 28.8 modem, this file may take an hour or more to download.) (This software is only intended for those students who did not receive a copy of it with their book.)
Directions:
3. Save the file. RIGHT click on the above link and choose "Save Target As." This will save a file called FinCoach.exe to your hard drive in a directory that you choose.
4. Run the file. You may do this by using the Run command in the Start Menu or by double clicking on the file in My Computer.
5. Go to the C:\FinCoach subdirectory.
6. Run the file called Setup.exe. You may also do this by using the Run command in the Start menu. You will probably type "C:\FinCoach\setup.exe" in the box.
7. Enter the following for the serial number: 131PRENHALL064 (Type it EXACTLY the way it appears. The last three letters are zero, six, four.)
8. If you have any problems, call me, email me, or come by and pick up the disk.
Directions:
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CHAPTERS, TOPICS, AND RESOURCES
Please Select the Chapter you wish to view from the following list.

MICHAEL A. S. GUTH, Ph.D., J.D. 
Financial Economics Homepage  Attorney at Law Homepage