Financial Institutions, Investments and Management An Introduction

by Mayo, Herbert B.

• ISBN13: 9780030312984
• ISBN10: 0030312981
• Format: Paperback
• Copyright: 2000-05-19
• Publisher: South-Western College Pub

Summary

A well-written, well-illustrated survey of the field of finance covering the three major components of the discipline: financial institutions, investments, and financial management. The text is designed for the beginning student with minimal or no background in finance or related topics. Relevant economic and accounting concepts are either reviewed or treated as if the student has no prior exposure. The text is paperback and less expensive than competitors.

Table of Contents

Preface	vii
Introduction to Finance	1	(12)
Part I Financial Institutions	13	(126)
The Creation of Financial Assets	15	(20)
Financial Intermediaries	35	(25)
The Federal Reserve and the Supply and Cost of Credit	60	(29)
International Finance	89	(23)
The Role of Security Markets	112	(27)
Part II Investments	139	(278)
The Time Value of Money	141	(38)
Risk and Its Measurement	179	(31)
Investing in Long-Term Debt (Bonds)	210	(31)
Equity: Preferred and Common Stock	241	(31)
Valuation of Stock	272	(22)
Analysis of Financial Statements	294	(49)
Derivatives	343	(49)
Investment Companies	392	(25)
Part III Corporate Finance	417	(262)
The Forms of Business and Federal Income Taxation	419	(23)
Leverage and the Cost of Capital	442	(57)
Capital Budgeting	499	(31)
Capital Budgeting: Extensions and Applications	530	(18)
Planning: Forecasting and Budgeting	548	(34)
Management of Short-Term Assets	582	(40)
Sources of Short- and Intermediate-Term Funds	622	(38)
Mergers, Divestitures, and Overview of Finance	660	(19)
Appendix A Interest Factors for the Future Value of One Dollar	679	(1)
Appendix B Interest Factors for the Present Value of One Dollar	680	(1)
Appendix C Interest Factors for the Future Value of an Annuity of One Dollar	681	(1)
Appendix D Interest Factors for the Present Value of an Annuity of One Dollar	682	(1)
Appendix E Answers to Selected Problems	683	(14)
Index	697