Principals of Finance

by Besley, Scott

• ISBN13: 9780030252532
• ISBN10: 0030252539
• Edition: 1st
• Format: Paperback
• Copyright: 1999-03-11
• Publisher: South-Western College Pub

Summary

Succeed in finance with PRINCIPLES OF FINANCE! With coverage of the principles of financial systems and business organizations, managerial finance, and investment fundamentals, this finance text provides you with the tools you need to be successful in this course. Student-friendly and easy to understand, PRINCIPLES OF FINANCE is the perfect way to learn financial principles.

Table of Contents

Preface	v
PART I General Finance Concepts	1	(176)
CHAPTER 1 An Overview of Finance	3	(14)
CHAPTER 2 Financial Markets, the Investment Banking Process, and Interest Rates	17	(46)
CHAPTER 3 Financial Intermediaries and the Banking System	63	(32)
CHAPTER 4 Financial Assets (Instruments)	95	(42)
CHAPTER 5 Business Organizations and the Tax Environment	137	(40)
APPENDIX 5A: Tax Rate Schedules	174	(3)
PART II Fundamentals of Valuation	177	(148)
CHAPTER 6 The Time Value of Money	179	(52)
CHAPTER 7 Valuation Concepts	231	(44)
CHAPTER 8 Risk and Rates of Return	275	(50)
APPENDIX 8A: Calculating Beta Coefficients	321	(4)
PART III Corporate Decision Making	325	(306)
CHAPTER 9 Capital Budgeting	327	(62)
APPENDIX 9A: Computing NPV and IRR Using a Financial Calculator	382	(1)
APPENDIX 9B: Depreciation	382	(3)
APPENDIX 9C: Comparing Projects with Unequal Lives	385	(4)
CHAPTER 10 The Cost of Capital	389	(34)
CHAPTER 11 Capital Structure and Dividend Policy Decisions	423	(50)
CHAPTER 12 Working Capital Management	473	(52)
CHAPTER 13 Analysis of Financial Statements	525	(52)
CHAPTER 14 Financial Planning and Control	577	(54)
APPENDIX 14A: Projected Financial Statements--Including Financing Feedbacks	627	(4)
PART IV Investor Decision Making	631
CHAPTER 15 Investment Concepts	633	(44)
CHAPTER 16 Security Valuation and Selection	677
Appendixes
APPENDIX A Mathematical Tables	A-1
APPENDIX B Solutions to Self-Test Problems	B-1
APPENDIX C Answers to End-of-Chapter Problems	C-1
APPENDIX D Selected Equations	D-1
Index	I-1