This week’s topics
Equity and Debt Securities
- Ordinary and preference shares
- Sovereign and corporate bonds
- Commercial paper and treasury bills
- Capital structure priority ranking
- Capital Structure: Debt vs. Equity Explained
- Preference Shares - ACCA Financial Accounting (FA) lectures
What you will be able to do
- 1.1 Explain types of securities and associated concepts.
- 1.2 Analyse key characteristics of each type of security.
Activity
Start with this week’s 2 videos, then: Seminar, guided reading and a short written task: explain types of securities and associated concepts.
Study materials
Videos
- Capital Structure: Debt vs. Equity Explained · YouTube · Corporate Finance Institute · 4 min · for registered students
- Preference Shares - ACCA Financial Accounting (FA) lectures · YouTube · OpenTuition · 11 min · for registered students
- Session 17: First steps on capital structure · YouTube · Aswath Damodaran · 82 min · for registered students
- Overview of the Discussion Paper: Financial Instruments with Characteristics of Equity · YouTube · IFRS Foundation · 11 min · for registered students
Further resources
- Money and Banking, ch. 2: The Financial System · PDF · Saylor Academy, textbook chapter; pp. 12–36 · for registered students
- MIT 15.401 Finance Theory I, lecture notes: Fixed-Income Securities · PDF · Other, slides · for registered students
- MIT 15.401 Finance Theory I, lecture notes: Equities · PDF · Other, slides · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
