Principles of Corporate Finance

Principles of Corporate Finance

Throughout "Principles of Corporate Finance, Concise" the authors show how managers use financial theory to solve practical problems and as a way of learning how to respond to change by showing not just how but why companies and management act as they do. The first ten chapters mirror "The Principles" text, covering the time value of money, the valuation of bonds and stocks, and practical capital budgeting decisions. The remaining chapters discuss market efficiency, payout policy, and capital structure, option valuation, and financial planning and analysis. The text is modular, so that Parts can be introduced in an alternative order.

Part One: Value 1: Goals and Governance of the Firm 2: How to Calculate Present Values 3: Valuing Bonds 4: The Value of Common Stocks 5: Net Present Value and Other Investment Criteria 6: Making Investment Decisions with the Net Present Value Rule Part Two: Risk 7: Introduction to Risk and Return 8: Portfolio Theory and the Capital Asset Pricing Model 9: Risk and the Cost of Capital Part Three: Best Practices in Capital Budgeting 10: Project Analysis Part Four: Financing Decisions and Market Efficiency 11: Efficient Markets and Behavioral Finance Part Five: Payout Policy and Capital Structure 12: Payout Policy 13: Does Debt Policy Matter? 14: How Much Should a Corporation Borrow? 15: Financing and Valuation Part Six: Options 16: Understanding Options 17: Valuing Options Part Seven: Financial Planning and Working Capital Management 18: Financial Analysis 19: Financial Planning Appendix Glossary Index