Preface 22
Part 1: Introduction to Financial Management
CHAPTER 1
Getting Started—Principles of Finance 34
CHAPTER 2
Firms and the Financial Markets 50
CHAPTER 3
Understanding Financial Statements 70
CHAPTER 4
Financial Analysis—Sizing Up Firm Performance 110
Part 2: Valuation of Financial Assets
CHAPTER 5
The Time Value of Money—The Basics 160
CHAPTER 6
The Time Value of Money—Annuities
and Other Topics 190
CHAPTER 7
An Introduction to Risk and Return—History of Financial Market Returns 224
CHAPTER 8
Risk and Return—Capital Market Theory 254
CHAPTER 9
Debt Valuation and Interest Rates 286
CHAPTER 10
Stock Valuation 332
Part 3: Capital Budgeting
CHAPTER 11
Investment Decision Criteria 360
CHAPTER 12
Analyzing Project Cash Flows 404
CHAPTER 13
Risk Analysis and Project Evaluation 440
CHAPTER 14
The Cost of Capital 476
Part 4: Capital Structure and Dividend Policy
CHAPTER 15
Capital Structure Policy 514
CHAPTER 16
Dividend and Share Repurchase Policy 558
Part 5: Liquidity Management and Special Topics in Finance
CHAPTER 17
Financial Forecasting and Planning 584
CHAPTER 18
Working-Capital Management 608
CHAPTER 19
International Business Finance 638
CHAPTER 20
Corporate Risk Management 664
Appendices Available in MyLab Finance
Glossary 699
Indexes 707