Assignment 3 assesses students’ understanding of capital structure and dividend policy.Students are expected to identify and to explain relevant concepts and principles of debt/equity structure and payout policies, to apply relevant techniques in estimating cost of capital and determining optimal capital structure, and to explain a range of finance theories. Students are also expected to calculate dividend payments and to interpret dividend policies.
In preparation for Assignment 3, students are expected to read the textbook chapters, case studies and journal articles, and to practice exercises specified in the subject planner for Modules 5 and 6. Students are strongly recommended to express their concerns, to share their thoughts, suggestions or comments, and to discuss their findings on the subject
discussion board. Assignment 3 will be marked based on the rubric below.