Fundamentals of corporate finance /
Stephen A. Ross; Randolph W. Westerfield; Bradford D. Jordan
- Twelfth edition
- xivi, 912 pages : illustrations ; 26 cm
- The McGraw-Hill Education series in finance, insurance, and real estate .
Includes index.
Part 1: Overview of corporate finance -- Introduction to corporate finance -- Financial statements, taxes, and cash flow -- Part 2: Financial statements and long-term financial planning -- Working with financial statements -- Long-term financial planning and growth -- Part 3: Valuation of future cash flows -- Introduction to valuation: the time value of money -- Discounted cash flow valuation -- Interest rates and bond valuation chapter -- Stock valuation -- Part 4: Capital budgeting -- Net present value and other investment criteria -- Making capital investment decisions -- Project analysis and evaluation -- Part 5: Risk and return -- Some lessons from capital market history -- Return, risk, and the security market line -- Part 6: Cost of capital and long-term financial policy -- Cost of capital -- Raising capital -- Financial leverage and capital structure policy -- Dividends and payout policy -- Part 7: Short-term financial planning and management -- Short-term finance and planning -- Cash and liquidity management -- Credit and inventory management -- Part 8 Topics in corporate finance -- International corporate finance -- Behavioral finance: implications for financial management -- Enterprise risk management -- Options and corporate finance -- Option valuation -- Mergers and acquisitions -- Leasing
"The authors aim to present corporate finance as the working of a small number of integrated and powerful intuitions, rather than a collection of unrelated topics. They develop the central concepts of modern finance: arbitrage, net present value, efficient markets, agency theory, options, and the trade-off between risk and return, and use them to explain corporate finance with a balance of theory and application. The Twelfth Edition includes many exciting new research findings as well as the incorporation of the Tax Cuts and Jobs Act (TCJA) throughout the text."--From publisher.
College of Business and Accountancy Bachelor of Science in Business Administration major in Financial Management