Fundamentals of Corporate Finance Standard Edition

by Ross, Stephen; Westerfield, Randolph; Jordan, Bradford

• ISBN13: 9780073382395
• ISBN10: 0073382396
• Edition: 9th
• Format: Hardcover
• Copyright: 2009-02-24
• Publisher: McGraw-Hill/Irwin

Summary

The best-selling Fundamentals of Corporate Finance (FCF) is written with one strongly held principle that corporate finance should be developed and taught in terms of a few integrated, powerful ideas. As such, there are three basic themes that are the central focus of the book:1) An emphasis on intuition-underlying ideas are discussed in general terms and then by way of examples that illustrate in more concrete terms how a financial manager might proceed in a given situation. 2) A unified valuation approach-net present value (NPV) is treated as the basic concept underlying corporate finance. Every subject covered is firmly rooted in valuation, and care is taken to explain how particular decisions have valuation effects. 3) A managerial focus-the authors emphasize the role of the financial manager as decision maker, and they stress the need for managerial input and judgment. The Eighth Edition continues the tradition of excellence that has earned Fundamentals of Corporate Finance its status as market leader. Every chapter has been updated to provide the most current examples that reflect corporate finance in today's world. The supplements package has also been updated and improved. From a new computerized test bank that is easier than ever to use, to new narrated PowerPoint for students, to new interactive learning modules, student and instructor support has never been stronger. There is also an optional, exciting new web-based program called "McGraw-Hill's Homework Manager" that will help your students learn corporate finance by duplicating problems from each chapter in the textbook and by providing automatic grading and feedback to both students and instructors.

Table of Contents

Overview of Corporate Finance

Introduction to Corporate Finance

Financial Statements, Taxes, and Cash Flow

Financial Statements and Long-Term Financial Planning

Working with Financial Statements

Long-Term Financial Planning and Growth

Valuation of Future Cash Flows

Introduction to Valuation: The Time Value of Money

Discounted Cash Flow Valuation

Interest Rates and Bond Valuation

Stock Valuation

Capital Budgeting

Net Present Value and Other Investment Criteria

Making Capital Investment Decisions

Project Analysis and Evaluation

Risk and Return

Some Lessons from Capital Market History

Return, Risk, and the Security Market Line

Cost of Capital and Long-Term Financial Policy

Cost of Capital

Raising Capital

Financial Leverage and Capital Structure Policy

Dividends and Payout Policy

Short-Term Financial Planning and Management

Short-Term Finance and Planning

Cash and Liquidity Management

Credit and Inventory Management

Topics in Corporate Finance

International Corporate Finance (this chapter is included in both Standard and Alternate Editions) Alternate Edition also includes

Behavioral Finance: Implications for Financial Management (NEW CHAPTER)

Risk Management: An Introduction to Financial Engineering

Options and Corporate Finance

Option Valuation

Mergers and Acquisitions

Leasing

Table of Contents provided by Publisher. All Rights Reserved.