- Item type
- Book
- Language
- English
- Publication year
- 2013
- Edition no.
- 5th ed.
- ISBN
- 978-0-273-75883-9
"Explore how finance theory works in practice with Corporate Financial Management, 5th edition. Find out how financial decisions are made within a firm, how projects are appraised to make investment decisions, how to evaluate risk and return, where to raise finance from and how, ultimately, to create value". - from publisher.
Topics covered in the book --- Introduction to the book --- Guided tour --- Guided tour of MyFinanceLab --- PART 1: INTRODUCTION --- 1. The financial world --- PART 2: THE INVESTMENT DECISION --- 2. Project appraisal: net present value and internal rate of return --- 3. Project appraisal: cash flow and applications --- 4. The decision-making process for investment appraisal --- 5. Project appraisal: capital rationing, taxation and inflation --- PART 3: RISK AND RETURN --- 6. Risk and project appraisal --- 7. Portfolio theory --- 8. The Capital Asset Pricing Model and multi-factor models --- PART 4: SOURCES OF FINANCE --- 9. Stock markets --- 10. Raisin equity capital --- 11. Long-term debt finance --- 12. Short-term and medium-term finance --- 13. Stock market efficiency --- PART 5: CORPORATE VALUE --- 14. Value-base management --- 15. Value-creation metrics --- 16. The cost of capital --- 17. Valuing shares --- 18. Capital structure --- 19. Dividend policy --- 20. Mergers --- PART 6: MANAGING RISK --- 21. Derivatives --- 22. Managing exchange-rate risk --- APPENDICES --- I. Future value of £1 at compound interest --- II. Present value of £1 at compound interest --- III. Present value of an annuity of £1 at compound interest --- IV. The future value of an annuity of £1 at compound interest --- V. Areas under the standardised normal distribution --- VI. Answers to the mathematical tools exercises in Chapter 2, Appendix 2.1..