Prentice Hall, 2009. — 1032 p.An Introduction presents core principles of corporate finance within a unique organizational structure that builds from perfect to imperfect markets. This unifying perspective and an example-driven presentation develop students’ understanding by building from simple to complex and from concrete to theoretical.Introduction
Value and capital budgeting
The Time Value ofMoney and Net Present Value
Stock and Bond Valuation: Annuities and Perpetuities
A first Encounter with Capital Budgeting Rules
Time-Varying Rates of Return and the Yield Curve
Uncertainty, Default, and Risk
Risk and return
A first Look at Investments
Investor Choice: Risk and Reward
The Capital Asset Pricing Model
Value and market efficiency in an imperfect market
Market Imperfections
Perfect and EfficientMarkets, and Classical and Behavioral Finance
Real-world application
Capital Budgeting Applications and Pitfalls
From Financial Statements to Economic Cash Flows
Valuation from Comparables and Some Financial Ratios
Capital structure and payout policy
Corporate Claims
Capital Structure and Capital Budgeting in a Perfect Market
The Weighted Cost of Capital and Adjusted Present Value in an Imperfect Market with Taxes
MoreMarket Imperfections Influencing Capital Structure
Equity Payouts: Dividends and Share Repurchases
Projecting the future
Pro Forma Financial Statements
Additional topics
Capital Structure Dynamics
Capital Structure Patterns in the United States
Investment Banking andMergers & Acquisitions
Corporate Governance
International Finance
Options and Risk Management
