Financial Management Theory and Practice

by Brigham, Eugene F.; Ehrhardt, Michael C.

• ISBN13: 9780030329920
• ISBN10: 0030329922
• Edition: CD
• Format: Hardcover
• Copyright: 2001-08-03
• Publisher: South-Western College Pub

Summary

Continuing the four goals from the first edition, i.e. helping students to make good financial decisions, providing a solid text for the introductory MBA course, motivating students by demonstrating finance is relevant and interesting, and presenting the material clearly, this Tenth Edition promises to be the best yet. Written by a highly-acclaimed, best selling, author team, this text remains the only MBA-level text to present a balance of financial theory and applications.

Table of Contents

Preface	vii
Part One Introduction to Financial Management	1	(196)
An Overview of Financial Management	3	(27)
Financial Statements, Cash Flow, and Taxes	30	(44)
Analysis of Financial Statements	74	(39)
Financial Planning and Forecasting Financial Statements	113	(40)
The Financial Environment: Markets, Institutions, and Interest Rates	153	(44)
Part Two Fundamental Concepts in Financial Management	197	(140)
Risk and Return: The Basics	199	(48)
Risk and Return: Portfolio Theory and Asset Pricing Models	247	(38)
Time Value of Money	285	(52)
Part Three Securities and Their Valuation	337	(80)
Bonds and Their Valuation	339	(40)
Stocks and Their Valuation	379	(38)
Part Four Corporate Valuation	417	(82)
The Cost of Capital	419	(42)
Putting the Pieces Together: Corporate Valuation and Value-Based Management	461	(38)
Part Five Strategic Investment Decisions	499	(118)
The Basics of Capital Budgeting: Evaluating Cash Flows	501	(45)
Cash Flow Estimation and Risk Analysis	546	(37)
Option Pricing with Applications to Real Options	583	(34)
Part Six Strategic Financing Decisions	617	(118)
Capital Structure Decisions: The Basics	619	(43)
Capital Structure Decisions: Extensions	662	(36)
Distributions to Shareholders: Dividends and Repurchases	698	(37)
Part Seven Tactical Financing Decisions	735	(100)
Initial Public Offerings, Investment Banking, and Financial Restructuring	737	(47)
Lease Financing	784	(25)
Hybrid Financing: Preferred Stock, Warrants, and Convertibles	809	(26)
Part Eight Working Capital Management	835	(78)
Current Asset Management	837	(46)
Short-Term Financing	883	(30)
Part Nine Special Topics	913
Derivatives and Risk Management	915
Bankruptcy, Reorganization, and Liquidation	941
Mergers, LBOs, Divestitures, and Holding Companies	969
Multinational Financial Management	1015
Appendixes
A Solutions to Self-Test Problems	A-1
B Answers to End-of-Chapter Problems	A-31
C Selected Equations and Data	A-38
D Mathematical Table	A-47
Index	I-1