Description
Book SynopsisCorporate Finance: Core Principles and Applications wasdeveloped for the graduate (MBA) level as a concise, up-to-date, andto-the-point product, the majority of which can be realistically covered in asingle term or course. To achieve theobjective of reaching out to the many different types of students and thevarying course settings, corporate finance is distilled down to its core, whilemaintaining a decidedly modern approach. Purely theoretical issues aredownplayed, and the use of extensive and elaborate calculations is minimized toillustrate points that are either intuitively obvious or of limited practicaluse. The goal was to focus on what students really need to carry away from aprinciples course. A balance is struck by introducing and covering theessentials, while leaving more specialized topics to follow-up courses. Netpresent value is treated as the underlying and unifying concept in corporatefinance. Every subject covered is firmly rooted in valuation, and care is takenthroughou
Table of ContentsPART ONE: OVERVIEW
Chapter One: Introduction to Corporate Finance
Chapter Two: Financial Statements and Cash Flow
Chapter Three: Financial Statements Analysis and FinancialModels
PART TWO: VALUATION AND CAPITAL BUDGETING
Chapter Four: Discounted Cash Flow Valuation
Chapter Five: Interest Rates and Bond Valuation
Chapter Six: Stock Valuation
Chapter Seven: Net Present Value and Other Investment Rules
Chapter Eight: Making Capital Investment Decisions
Chapter Nine: Risk Analysis, Real Options, and CapitalBudgeting
PART THREE: RISK AND RETURN
Chapter Ten: Risk and Return: Lessons from Market History
Chapter Eleven: Return and Risk: The Capital Asset PricingModel (CAPM)
Chapter Twelve: Risk, Cost of Capital, and Valuation
PART FOUR: CAPITAL STRUCTURE AND DIVIDEND POLICY
Chapter Thirteen: Efficient Capital Markets and BehavioralChallenges
Chapter Fourteen: Capital Structure: Basic Concepts
Chapter Fifteen: Capital Structure: Limits to the Use ofDebt
Chapter Sixteen: Dividends and Other Payouts
PART FIVE: SPECIAL TOPICS
Chapter Seventeen: Options and Corporate Finance
Chapter Eighteen: Short-Term Finance and Planning
Chapter Nineteen: Raising Capital
Chapter Twenty: International Corporate Finance
Chapter Twenty-One: Mergers and Acquisitions (web only)
APPENDIXES
A: Mathematical Tables
B: Solutions to Selected End-of-Chapter Problems
C: Using the HP 10B and TI BA II Plus FinancialCalculators
D: Key Equations
