2 parts:

- One short mini-case on cost of capital and capital structure (about 150-200 points)
- 2-3 open questions (problem and theory)
- Two pages of hand-written notes

Contents:

- Risk and Return

+ Systematic and non systematic
+ Average and expected return for portfolio
+ SD of the average and expected return
+ Efficient portfolio and capital market line
+ CAPM
- Capital structure and firm-value

- Cost of capital

Mini-case questions:

- Calculate cost of capital

- Value of the firm
- Consider the structure effects