Description
TABLE OF CONTENTS
1. The Financial Manager and the Firm
2. The Financial System and the Level of Interest Rates
3. Financial Statements, Cash Flows, and Taxes
4. Analyzing Financial Statements
5. The Time Value of Money
6. Discounted Cash Flows and Valuation
7. Risk and Return
8. Bond Valuation and the Structure of Interest Rates
9. Stock Valuation
10. The Fundamentals of Capital Budgeting
11. Cash Flows and Capital Budgeting
12. Evaluating Project Economics
13. The Cost of Capital
14. Working Capital Management
15. How Firms Raise Capital
16. Capital Structure Policy
17. Dividends, Stock Repurchases and Payout Policy
18. Business Formation, Growth, and Valuation
19. Financial Planning and Managing Growth
20. Options and Corporate Finance
21. International Financial Management
Appendix A Future Value and Present Value Tables
Appendix B Solutions to Odd Problems
Appendix C The 2017 Tax Cuts and Jobs Act: Implication for Cash Flow to Investors, the Cost of Capital, and Capital Structure
