Managerial Finance Test
Using the first three chapters of the text and the assigned articles as your bibliography, write a paper that explains the development of finance theory from MPT to CAPM to EMH to Behavioral Finance. If the unifying theme of financial management is building value for stakeholders, explain how each development moves the ball forward to accomplish that goal. At each point of development, explain the theory, assumptions, evidence and practical significance of the contributions made by Markowitz, Sharpe, Fama, Thaler and the other researchers that have shaped the field of finance.
You may use other sources if you like but the primary information should come from your reading and understanding of the text and readings. Part of critical thinking is organizing information and making connections in ways that create new knowledge and that's really what this assignment asks you to do.So don't be afraid to take chances or to make this material your own; your ideas and the relationships you discover are as valid as anyone elses' provided you can make a well - reasoned argument in support. Make those arguments!
Book link - Here's a link to "IntermediateFinancialManagement12.pdf" in my Dropbox:
https://www.dropbox.com/s/m8g5u94jrxwqo35/IntermediateFinancialManagement12.pdf?dl=0
Word count: 1200 words