Fundamentals of corporate finance

The book offers a framework for systematically thinking about most of the important financial problems that both firms and individuals are likely to confront. Fundamentals is organized around the key concepts of modern finance. These concepts, properly explained, simplify the subject. They are also practical. The tools of financial management are easier to grasp and use effectively when presented in a consistent conceptual framework. This text provides that framework.

Fundamentals of corporate finance

Richard A. Brealey; Stewart C. Myers; Akab J. Marcus

Mc Graw Hill

2004

Abstract

The contents of the book includes: Introduction to the firm and the financial manager; the fianacial environment; accounting and finance. Value: the time value of money; valuing bonds, stocks; net present value and other investment criteria; using discounted cash flow analysis to make investment decisions; project analysis. Risk: Introduction to risk return and the apportunity cost of capital; risk return anf capital budgeting; the cost of capital. Financing: An overview of corporate financing; how corporations issue securities. Debt and dividend policy. Financial planning: Financial statement analysis; financial planning; working capital management and short term planning. Short term financial decisions. Special topics: Mergers, acquisitions and corporate control; international financial management; options; risk management. Conclusion: What we do and do not know about finace.