Principles Of Finance

by Besley, Scott; Brigham, Eugene F.

• ISBN13: 9780324232622
• ISBN10: 0324232624
• Edition: 3rd
• Format: Hardcover
• Copyright: 2005-10-07
• Publisher: South-Western College Pub

Summary

The first course in finance for finance and business majors has traditionally focused solely on managerial (or corporate) finance. Now, many schools are indicating a need to introduce these students - particularly the non-finance business majors - to the other two major components of finance - institutions and investments - in this first course but at the same level of rigor as traditional financial management texts. With PRINCIPLES OF FINANCE, Scott Besley and Gene Brigham begin with a discussion of the principles of financial systems and business organizations, and move on to valuation concepts and corporate decision making (managerial finance). They conclude with coverage of investment fundamentals. Key chapters may be covered in a one-term course or supplemented with cases and outside readings for a two-term course. Chapters are written in a flexible, modular format, allowing instructors to cover the material in their favorite sequence.

Table of Contents

General Finance Concepts

An Overview of Finance

Financial Assets (Instruments)

Financial Markets, the Investment Banking Process

Financial Intermediaries and the Banking System

The Cost of Money (Interest Rates)

General Business Concepts

Business Organizations and the Tax Environment

Analysis of Financial Statements

Financial Planning and Control

Fundamentals Of Valuation

The Time Value of Money

Valuation Concepts

Risk and Rates of Return

Corporate Decision Making

The Cost of Capital

Capital Budgeting

Capital Structure and Dividend Policy Decisions

Working Capital Management

Investor Decision Making

Investment Concepts

Security Valuation and Selection

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