Description
Book SynopsisCombing up-to-the-minute coverage with best practices from the field, BASIC FINANCE: AN INTRODUCTION TO FINANCIAL INSTITUTIONS, INVESTMENTS, AND MANAGEMENT, 12Eillustrates how all three primary aspects of finance -- investments, financial institutions, and corporate finance -- are interrelated to give you a solid foundation in the essentials of finance. Extremely reader friendly, each chapter offers a concise, self-contained treatment of specific concepts or institutions. Comprehensive coverage of time value of money uses equations, interest tables, and financial calculator keystrokes to ensure your understanding of this key topic that permeates finance. In addition, numerous hands-on problems, financial calculation illustrations, an Excel appendix, and the MindTap digital solution help you put what you learn into practice and maximize your success.
Table of ContentsPreface. 1. An Introduction to Basic Finance. Part I: FINANCIAL INSTITUTIONS. 2. The Role of Financial Markets and Financial Intermediaries. 3. Investment Banking. 4. Securities Markets. 5. The Federal Reserve. 6. International Currency Flows. Part II: FINANCIAL TOOLS. 7. The Time Value of Money. 8. Risk and Its Measurement. 9. Analysis of Financial Statements. Part III: INVESTMENTS. 10. The Features of Stock. 11. Stock Valuation. 12. The Features of Long-Term Debt -- Bonds. 13. Bond Pricing and Yields. 14. Preferred Stock. 15. Convertible Securities. 16. Investment Returns. 17. Investment Companies. Part IV: CORPORATE FINANCE. 18. Forms of Business and Corporate Taxation. 19. Break-Even Analysis and the Payback Period. 20. Leverage. 21. Cost of Capital. 22. Capital Budgeting. 23. Forecasting. 24. Cash Budgeting. 25. Management of Current Assets. 26. Management of Short-Term Liabilities. 27. Intermediate-Term Debt and Leasing. Part V: DERIVATIVES. 28. Options: Puts and Calls. 29. Futures and Swaps. Appendix A: Interest Factors for the Future Value of One Dollar. Appendix B: Interest Factors for the Present Value of One Dollar. Appendix C: Interest Factors for the Future Value of an Annuity of One Dollar. Appendix D: Interest Factors for the Present Value of an Annuity of One Dollar. Appendix E: Using Excel to Solve Financial Problems. Appendix F: Answers to Selected Problems. Index.
