Principles of Corporate Finance(R) + Student CD + Corporate Governance Trade Book + Standard & Poor's + Ethics in Finance PowerWeb

by Brealey, Richard A.

• ISBN13: 9780072940435
• ISBN10: 0072940433
• Edition: 7th
• Format: Hardcover
• Copyright: 2003-07-02
• Publisher: McGraw-Hill/Irwin

Summary

Brealey/Myers' Principles of Corporate Finance is the worldwide leading text that describes the theory and practice of corporate finance. Throughout the book the authors show how managers use financial theory to solve practical problems and as a way of learning how to respond to change by showing not just how but why companies and management act as they do. The text is comprehensive, authoritative, and modern and yet the material is presented at a common sense level. The discussions and illustrations are unique due to the depth of detail blended with a distinct sense of humor for which the book is well known and highly regarded. This text is a valued reference for thousands of practicing financial managers.

Table of Contents

Part I. Value

1. Finance and the Financial Manager

2. Present Value and the Opportunity Cost of Capital

3. How to Calculate Present Values

4. The Value of Common Stocks

5. Why Net Present Value Leads to Better Investment Decisions Than Other Criteria

6. Making Investment Decisions with the Net Present Value Rule

Part II. Risk

7. Introduction to Risk, Return, and the Opportunity Cost of Capital

8. Risk and Return

9. Capital Budgeting and Risk

Part III. Practical Problems in Capital Budgeting

10. A Project is Not a Black Box

11. Where Positive Net Present Values Come From

12. Making Sure Managers Maximize NPV

Part IV. Financing Decisions and Market Efficiency

13. Corporate Financing and the Six Lessons of Market Efficiency

14. An Overview of Corporate Financing

15. How Corporations Issue Securities

Part V. Dividend Policy and Capital Structure

16. The Dividend Controversy

17. Does Debt Policy Matter?

18. How Much Should a Firm Borrow?

19. Financing and Valuation

Part VI. Options

20. Understanding Options

21. Valuing Options

22. Real Options

23. Warrants and Convertibles

Part VII. Debt Financing

24. Valuing Debt

25. The Many Different Kinds of Debt

26. Leasing

Part VIII. Risk Management

27. Managing Risk

28. Managing International Risks

Part IX. Financial Planning and Short-Term Financial Management

29. Financial Analysis and Planning

30. Short-Term Financial Planning

31. Cash Management

32. Credit Management

Part X. Mergers, Corporate Control, and Governance

33. Mergers

34. Control, Governance, and Financial Architecture

Part XI. Conclusions

35. Conclusion: What We Do and Do Not Know About Finance