Corporate Financial Management

Were you looking for the book with access to MyFinanceLab? This product is the book alone, and does NOT come with access to MyFinanceLab. Buy Corporate Financial Management, plus MyFinanceLab with Pearson eText, 5/e (ISBN 9780273759003) if you need access to the MyLab as well, and save money on this brilliant resource. Explore how finance theory works in practice with Corporate Financial Management, 5th edition. Find out how financial decisions are made within a firm, how projects are appraised to make investment decisions, how to evaluate risk and return, where to raise finance from and how, ultimately, to create value. "Very comprehensive material, excellent explanations, great examples well illustrated graphically." Professor Austin University of Portsmouth, UK Need extra support? This product is the book alone, and does NOT come with access to MyFinanceLab. This title can be supported by MyFinanceLab, an online homework and tutorial system which can be used by students for self-directed study or fully integrated into an instructor's course. You can benefit from MyFinanceLab at a reduced price by purchasing a pack containing a copy of the book and an access card for MyFinanceLab: Corporate Financial Management, plus MyFinanceLab with Pearson eText, 5/e (ISBN 9780273759003). Alternatively, buy access online at ww.MyFinanceLab.com. For educator access, contact your Pearson Account Manager. To find out who your account manager is, visit www.pearsoned.co.uk/replocatorTopics covered in the book Introduction to the book Guided tour Using MyFinanceLab Acknowledgements PART ONE: INTRODUCTION 1. The Financial World PART TWO: THE INVESTMENT DECISION 2. Project appraisal: net present value and internal rate of return 3. Project appraisal: cash flow and applications 4. The decision-making process for investment appraisal 5. Project appraisal: capital rationing, taxation and inflation PART THREE: RISK AND RETURN 6. Risk and project appraisal 7. Portfolio theory 8. The Capital Asset Pricing Model and multi-factor models PART FOUR: SOURCES OF FINANCE 9. Stock markets 10. Raising equity capital 11. Long-term debt finance 12. Short-term and medium-term finance 13. Stock Market Efficiency PART FIVE: CORPORATE VALUE 14. Value-based management 15. Value-creation metrics 16. The cost of capital 17. Valuing shares 18. Capital structure 19. Dividend policy 20. Mergers PART SIX: MANAGING RISK 21. Derivatives 22. Managing Exchange-Rate Risk Glossary Bibliography Index