Lectures on Valuation and Security Analysis

Abstract

This document contains my lecture notes on Valuation and Security Analysis developed over 25 years while teaching at Cornell, University of Chicago, and Northwestern University. There are twelve lecture notes in this document covering cash flows, valuation, cost of capital, and security analysis. Additional teaching material including EXCEL valuation templates are available for download at my personal website: www.sharingfin.com. All of these are provided as is for anyone to use. They could be useful for teaching Valuation, Security Analysis, and Financial Statement Analysis.

Keywords: Valuation, cost of capital, security analysis, teaching, lecture notes

JEL Classification: G32, G34