eBook Description

Title: Fundamentals of Corporate Finance (13th Edition) ISBN: 9781265553609 

 

The 13th edition of Fundamentals of Corporate Finance is designed for students taking their first course in business or corporate finance, whether they are finance majors or non-majors. The text is nearly self-contained, requiring only a basic understanding of algebra and accounting concepts, with essential accounting principles reviewed early on to ensure a solid foundation. Its flexible structure allows instructors to tailor the content to their teaching needs.

This best-selling textbook is centered around three key themes:

 

• Emphasis on Intuition: The authors begin by breaking down complex principles into common-sense, intuitive concepts before diving into specifics.
• Unified Valuation Approach: Net present value (NPV) is presented as the fundamental concept that underpins all of corporate finance.
• Managerial Focus: The text highlights the role of the financial manager as a decision-maker, emphasizing the importance of managerial judgment and input in financial decisions.

 

Table of Contents

:

 

PART 1: OVERVIEW OF CORPORATE FINANCE

1. Introduction

   to Corporate Finance

2. Financial Statements, Taxes, and Cash Flow

PART 2: FINANCIAL STATEMENTS AND LONG-TERM FINANCIAL PLANNING

3. Working with Financial Statements

4. Long-Term Financial Planning and Growth

PART 3: VALUATION OF FUTURE CASH FLOWS

5.

Introduction

to Valuation: The Time Value of Money

6. Discounted Cash Flow Valuation

7. Interest Rates and Bond Valuation

8. Stock Valuation

PART 4: CAPITAL BUDGETING

9. Net Present Value and Other Investment Criteria

10. Making Capital Investment Decisions

11. Project Analysis and Evaluation

PART 5: RISK AND RETURN

12. Some Lessons from Capital Market History

13. Return, Risk, and the Security Market Line

PART 6: COST OF CAPITAL AND LONG-TERM FINANCIAL POLICY

14. Cost of Capital

15. Raising Capital

16. Financial Leverage and Capital Structure Policy

17. Dividends and Payout Policy

PART 7: SHORT-TERM FINANCIAL PLANNING AND MANAGEMENT

18. Short-Term Finance and Planning

19. Cash and Liquidity Management

20. Credit and Inventory Management

PART 8: TOPICS IN CORPORATE FINANCE

21. International Corporate Finance

22. Behavioral Finance: Implications for Financial Management

23. Enterprise Risk Management

24. Options and Corporate Finance

25. Option Valuation

26. Mergers and Acquisitions

27. Leasing