New: cityuAll contenthive-129948krhive-196917hive-185836steemhive-180932hive-183959hive-166405photographyzzanhive-150122hive-144064hive-145157hive-101145hive-184714hive-183397hive-188619uncommonlabhive-193186bitcoinkrsuccesshive-193637hive-180301hive-103599hive-103393TrendingNewHotLikersjunghwan (25)in hongkong • 7 years agoStory on CityU in HongkongHi all, I'd like to share my stories on Southeast Asia here. As a South Korean, I stayed in two countries in the region for about 5 years. They are Singapore and Indonesia. From education, economy…shenje (25)in finance • 7 years agoThe Record of Success: Evidence From AcquisitionsIn this lecture, we are going to look at M&A from the perspective of financial economists rather than investment bankers. We have been heavily focused on getting the right price for the target firm.…shenje (25)in finance • 7 years agoTakeover DefensesSo far in this course, we have been heavily focused on merger strategies from the perspective of the acquiring or bidding firms. In most cases in which the merger or acquisition is friendly, the…shenje (25)in currency • 7 years agoMonetary Policy and Exchange Rate DeterminationLet us review the two exchange rate models that we have learned so far. The covered interest parity gives an understanding on how forward exchange rates should be determined. Any interest rate…shenje (25)in finance • 7 years agoStructuring Acquisition TransactionsAssuming we have our maximum willingness to pay or warranted value conditional on beliefs about the future growth of the target firm, how do we actually implement the deal? For example, how should…shenje (25)in currency • 7 years agoAn Asset Approach to the Exchange RateAsset Returns, Risk and Liquidity From last week’s homework, what you should realize is that the covered interest parity is really a model to derive the implied forward exchange rate. We take the…shenje (25)in finance • 7 years agoAcquisition ValuationThe purpose of this lecture is to discuss further the flexibility of the DCF method and to provide you with additional robustness checks to make sure the number you arrived using this method is not…shenje (25)in currency • 7 years agoExchange Rates and Foreign Exchange MarketsInvestment Implications from Global Events The goal of today’s lecture is twofold. First, I want to introduce to you some quote conventions used in the foreign exchange or Forex markets. Second, I…shenje (25)in finance • 7 years agoDiscounted Cash Flow AnalysisPossible Alternatives to DCF The goal of today’s lecture is to introduce a valuation method that is general and thus flexible that you can adapt to value almost any type of firm and…shenje (25)in finance • 7 years agoOverview of Mergers and AcquisitionsThe purpose of these blog posts is to provide commentary for my lecture slides. Lecture slides will only be provided through the university website. If you have any questions or comments, please…