Respond to this The three most important concepts I learned in this course are risk assessment and management, corporate valuation, and the weighted average cost of capital (WACC). Risk assessment stands out as the most critical because it influences every financial decision from investment strategy to day-to-day operations by identifying and mitigating potential losses. Corporate valuation is second in importance, as it provides the tools to assess a company's worth, whether for investment, acquisition, or strategic planning. Finally, WACC is essential for evaluating whether a project or investment adds value, as it captures the overall cost of capital and helps determine required returns. These concepts form the foundation for smart financial decision-making in any business environment. Applying these principles, I can better manage capital allocation and investment decisions in my current or future roles. For example, I can use capital budgeting techniques like NPV and IRR to evaluate new projects, especially in resource-constrained or nonprofit settings. Additionally, understanding how external risk factors such as inflation, currency fluctuations, and geopolitical shifts impact investment strategy allows me to make more informed choices. A balanced strategy combining emerging market infrastructure investments with U.S. dividend growth stocks can offer both growth and stability. This dual approach considers risk and reward, providing diversification while aligning with l