Solutions Manual to accompany Principles of Corporate Finance

by Brealey, Richard A.; Myers, Stewart C.; Allen, Franklin

• ISBN13: 9780072957273
• ISBN10: 0072957271
• Edition: 8th
• Format: Paperback
• Copyright: 2005-04-18
• Publisher: McGraw-Hill/Irwin

Table of Contents

Present Values, the Objectives of the Firm, and Corporate Governance	1	(6)
How to Calculate Present Values	7	(12)
The Value of Bonds and Common Stocks	19	(9)
Why Net Present Value Leads to Better Investment Decisions Than Other Criteria	28	(6)
Making Investments Decisions with the Net Present Value Rule	34	(17)
Introduction to Risk, Return, and the Opportunity Cost of Capital	51	(9)
Risk and Return	60	(12)
Capital Budgeting and Risk	72	(8)
A Project is Not a Black Box	80	(15)
Strategy and the Capital Investment Decision	95	(9)
Agency problems, Management Compensation, and the Measurement of Performance	104	(7)
Corporate Financing and the Six Lessons of Market Efficiency	111	(5)
An Overview of Corporate Financing	116	(4)
How Corporations Issue Securities	120	(5)
Payout Policy	125	(11)
Does Debt Policy Matter?	136	(10)
How Much Should a Firm Borrow?	146	(6)
Financing and Valuation	152	(8)
Understanding Options	160	(10)
Valuing Options	170	(15)
Real Options	185	(8)
Valuing Government Bonds	193	(13)
Credit Risk	206	(6)
The Many Different Kinds of Debt	212	(8)
Leasing	220	(9)
Managing Risk	229	(11)
Managing International Risks	240	(6)
Financial Analysis and Planning	246	(11)
Working Capital Management	257	(8)
Short-Term Financial Planning	265	(8)
Mergers	273	(5)
Corporate Restructuring	278	(2)
Governance and Corporate Control Around the World	280