Day 1 Guided Notes:
1. What are the five Big Themes for the course?
a.
2. Describe in your own words what capital structure means. Include examples of how funds flow
from Capital Markets to the firm and how funds are returned to stock and bond holders.
a.
3. Trends show equity is increasingly held by large block holders. However, are large block holders
always good? What are some of the pros and cons to this type of governance?
a.
4. What are the tax considerations of debt versus equity for a firm?
a.
Suggested Articles:
Look for articles related to a firm being active in capital markets, think bond or stock issuance, dividend
decisions, buyback or debt repayment plans. What macroeconomic or internal factors may have caused
this decision?
Look for articles that discuss how revolutions in the “Fin Tech” space are changing financial markets? Is
it a good thing or bad thing? What are the risks and are they being fully factored in?