1. Risk:
Discuss the risk and return characteristics of a portfolio in terms of correlation and diversification, and the impact of international assets on a portfolio.
2. Time Value of Money
Discuss the concept of future value and present value, their calculation for single amounts, and the relationship between them.
3. Working Capital
Discuss the management of receipts and disbursements, including floats, speeding collections, slowing payments, cash concentration, zero-balance accounts, and investing in marketable securities.
4. Capital Structure
Discuss the return and risk of alternative capital structures, their linkage to market value, and other important considerations related to capital structure.