ESCP Europe

"This new short text by the authors of "Investment Appraisal and Financial Decisions" focuses on investment appraisal decisions. "Fundamentals of Investment Appraisal" examines the internal workings of a company rather than covering the much broader subject of financial management. Theory is illustrated with numerous worked examples, followed by a chapter summary, quick questions - all answered at the end of the book - and more detailed practice questions." - from back cover.

Preface --- Introduction --- 1. Corporate objectives, management objectives and corporate governance --- 2. Strategic planning and the finance function --- 3. Traditional methods of investment appraisal --- 4. The single period investment consumption decision model --- 5. The discounted cash flow approach --- 6. Net present value and internal rate of return developed --- 7. Project appraisal cash flows --- 8. Capital market imperfections --- 9. Uncertainty, risk, diversification and returns --- 10. Traditional and technological approaches to risk --- 11. Overseas capital investments --- Tables --- Answers to quickie questions --- Index..