UNIVERSITY OF BRISTOL 
EFIM20042: Corporate Finance and Valuation 
Final Examination Guide and Notes 2025 
 
- Part 01: About This Guide 
- Part 02: Sample Final Examination Paper 
- Part 03: Suggested Solutions to Final Exam Paper 
- Part 04: Proven Exam Strategies and Tips 
 
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EFIM20042: Corporate Finance and Valuation (Solutions)

£25.00

ACADEMIC YEAR 2025 - 2026

University	University of Bristol
Unit Name	Corporate Finance and Valuation
Unit Code	EFIM20042
Credit Points	20
Level of Study	I/5
Notes Title	Final Examination Guide and Notes
Page Length	36

These notes give you a clear route through EFIM20042: Corporate Finance and Valuation at the University of Bristol. Step-by-step explanations, practical guidance, illustrations and worked examples show how each topic is used, so harder questions become easier to manage. Once you have revised your lecture and tutorial content, you can test yourself with a realistic exam-style paper that includes solutions and full explanations.

This unit aims to equip students with the fundamental concepts and tools underlying the Corporate Finance side of modern finance.

The unit identifies the driving forces behind capital structure decisions and choices over debt and equity finance. Students will be exposed to the relevant models of corporate financial policy under market imperfections (taxes, informational asymmetries and agency problems, etc.), and analyse/discuss, among others, the implications of corporate and personal taxes for firms’ capital structure choices, the possible costs of financial distress, the incentives involved in financial decisions and the signalling impact of those for financial market participants. The unit also covers some specific topics in corporate finance, such as mergers and acquisitions, decision to go public, start-up finance, and real-option valuation approach.

✔ On successful completion of the unit, students will be able to:

Analyse the key aspects of valuation and demonstrate understanding of valuation methods including real-option approach
Evaluate the implications of market imperfections for firms’ investment and financing decisions drawing on appropriate theoretical frameworks and empirical evidence
Explain issues and institutional details surrounding corporate activities, such as mergers and acquisitions and security offerings
Critically evaluate arguments and evidence
Demonstrate independent and self-managed learning
Evaluate problems using careful analytical methods.

UNIT CODE	UNIT NAME
ACCG10052	Introduction to Accounting
ACCG20011	Management Accounting
ACFI20001	Fundamentals of Accounting and Finance
ACFI30003	Advanced Corporate Reporting
ACFI30011	Portfolio Management
ACFI30013	Derivatives and International Finance
ECON10001	Economics
ECON10003	Probability, Statistics and Econometrics
ECON10006	Statistical Methods
EFIM10008	Mathematical and Statistical Methods
EFIM10010	Economic Principles
EFIM10015	Introduction to Management
EFIM10028	Risk and Return
EFIM10029	Financial Markets, Institutions and Instruments
EFIM10030	Accounting and Finance for Managers
EFIM10050	Principles of Economics
EFIM20007	Financial Accounting
EFIM20010	Applied Quantitative Research Methods
EFIM20011	Econometrics 1
EFIM20033	Intermediate Microeconomics
EFIM20036	Econometrics 2
EFIM20038	Microeconomic Analysis
EFIM20042	Corporate Finance and Valuation
EFIM20043	Asset Markets
MATH10013	Probability and Statistics
MGRC10002	Principles of Marketing

EFIM20042: Corporate Finance and Valuation (Solutions)

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