Verified Certificate

Supported by the following organizations

This is to certify that Silvio Omar Palmeira Brandão successfully completed and received a passing grade in CORPFIN3x: Risk and Return and the Weighted Average Cost of Capital a course of study offered by ColumbiaX, an online learning initiative of Columbia University.

Noted by

Daniel Wolfenzon

Daniel Wolfenzon

Stefan H. Robock Professor of Finance and Economics, Columbia Business School Columbia University