FINANCE 225
Business Finance
Spring 2006

Instructor:
Stephen G. Buell
steve@lehigh.edu
http://www.lehigh.edu/~sgb2/sgb2.html
321 Rauch Business Center
610-758-3436

Office Hours:
Mondays 1:00 - 3:00 and Wednesdays 1:00 - 3:00

Teaching Assistants:
Celene Hadeed (cbh304@lehigh.edu) (Rauch 207-211)
Jason Hockenberry (jmhc@lehigh.edu) (Rauch 207-211)

Recitations:
Fridays 9:10, 10:10, 11:10, 12:10, 1:10 and 2:10 (All in Rauch 71)

Text:
Besley, Scott and Eugene Brigham, Essentials of Managerial Finance, 13th Ed., Dryden Press, 2005.

Web Page:
The web page http://www.lehigh.edu/~sgb2/sgb2.html contains 24 semesters worth of X-Problems, required notes on five key topics and a tutorial on how to use the HP 12C financial calculator.

Grade:
85% of the course grade is determined by the equal weighting of your three highest curved scores on the three in-class 75-minute exams and the two-hour final exam. If you miss an exam for any reason, you forfeit the opportunity to have your lowest exam score dropped and your average will be based on the other three exams. If you are satisfied with your grade after the three in-class exams, you do not need to take the final exam. Therefore, you should make every effort to take all three in-class exams.

15% of the course grade is determined by a required FSL (Financial Services Lab) assignment (5%) and participation and attendance in recitation and lecture (10%).

Course Policies:
The final exam is comprehensive in nature and is required of any student who misses an hour exam. In the unlikely event that two hour exams are missed, a grade of zero will be recorded for one of them. There are no make-ups for missed hour exams. If you need to miss an hour exam due to an athletic contest, you must notify the instructor at least one week prior to the exam with a letter from your coach. To ensure consistency, all questions regarding the grading of an exam question must be raised within one week following the return of the exam and will be decided by the TA who graded the question. There are no exceptions to this rule.

Assignments:
The reading assignments should be completed prior to lecture, and the written problem assignments must be completed prior to recitation.

Calculators:
All students are required to bring and be able to use a financial calculator for exam problems. If you do not already have a financial calculator, the Hewlett-Packard 12C or 10BII is recommended.

Course Learning Objectives:
The four primary learning objectives of the course are: