Throughout
Principles of Corporate Finance, Concisethe 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: Value1: Goals and Governance of the Firm2: How to Calculate Present Values3: Valuing Bonds4: The Value of Common Stocks5: Net Present Value and Other Investment Criteria6: Making Investment Decisions with the Net Present Value RulePart Two: Risk7: Introduction to Risk and Return8: Portfolio Theory and the Capital Asset Pricing Model9: Risk and the Cost of CapitalPart Three: Best Practices in Capital Budgeting10: Project AnalysisPart Four: Financing Decisions and Market Efficiency11: Efficient Markets and Behavioral FinancePart Five: Payout Policy and Capital Structure12: Payout Policy13: Does Debt Policy Matter?14: How Much Should a Corporation Borrow?15: Financing and ValuationPart Six: Options16: Understanding Options17: Valuing OptionsPart Seven: Financial Planning and Working Capital Management18: Financial Analysis19: Financial PlanningAppendixGlossaryIndex