★ 3 (fi 6)(EITHER, 3-1S-0)
Types of securities and basic methods of valuation. Valuation and selection of physical and intellectual assets. Operation of asset markets and market efficiency. Risk measures and risk reduction methods. Financing policy, including choices between debt and equity financing. Note: Students are expected to have basic familiarity with microcomputer applications. Prerequisite: STAT 151, SCI 151 or equivalent. Pre- or corequisite: MGTSC 312, ACCTG 300 or 311.