Financial Economics

by Bodie, Zvi; Merton, Robert; Cleeton, David

• ISBN13: 9780130151025
• ISBN10: 0130151025
• Edition: CD
• Format: Paperback
• Copyright: 2009-01-01
• Publisher: Pearson College Div

Summary

This significant new guide to finance has a broader scope and greater emphasis on general principles than most other books of its kind, which typically focus exclusively on corporate finance. Acclaimed authors Bodie and Merton offer an approach balanced among the three "pillars" of financeoptimization over time, asset valuation, and risk management.Encompasses all subfields of finance within a single unifying conceptual framework. Offers the "big picture" of resource allocation over time under conditions of uncertainty. Focuses on personal finance topics, such as saving and investing, as well as asset valuation. Provides spreadsheet modeling exercises in the accompanying Prentice Hall Finance Center CD.MARKET: Ideal for executives or for anyone seeking a solid understanding and overview of the field of finance.

Table of Contents

I. FINANCE AND THE FINANCIAL SYSTEM.

1. What Is Finance?
2. The Financial System.
3. How to Interpret and Forecast Financial Statements.

II. TIME AND RESOURCE ALLOCATION.

4. The Time Value of Money and Discounted Cash Flow Analysis.
5. Life-Cycle Financial Planning.
6. How to Analyze Investment Projects.

III. VALUATION MODELS.

7. Principles of Asset Valuation.
8. Valuation of Known Cash Flows: Bonds.
9. Valuation of Unknown Cash Flows: Stocks.

IV. RISK MANAGEMENT AND PORTFOLIO THEORY.

10. An Overview of Risk Management and Portfolio Selection.
11. Hedging, Insuring, and Diversifying.
12. Choosing an Investment Portfolio.

V. ASSET PRICING.

13. The Capital Asset Pricing Model.
14. Forward and Futures Prices.
15. Options and Contingent Claims.

IV. CORPORATE FINANCE.

16. Capital Structure.
17. Finance and Corporate Strategy.