Foundations of Finance, Global Edition

For undergraduate courses in Corporate Finance. The Five Key Principles for the Foundations of Finance Foundations of Finance retains its foundational approach to the key concepts of finance, bolstered by real-world vignettes, cases, and problem exercises. Utilizing five principles, which are presented at the beginning of the book and applied throughout, the authors introduce a multi-step approach to financial problem solving that appeals to students' at all levels, math and numerical skills. As in previous editions, the Ninth Edition focuses on valuation and opens every chapter with a vignette based on financial decisions faced by contemporary, real-world companies and firms. Other highly useful features include mini cases, cautionary tales, lists of key terms, and a discussion of ethics. Revised and updated, the newest edition includes new lecture videos, financial thinking, user feedback, and lessons from the recent economic crisis. MyFinanceLab(TM)not included. Students, if MyFinanceLab is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN and course ID. MyFinanceLab should only be purchased when required by an instructor. Instructors, contact your Pearson representative for more information. MyFinanceLab is an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Within its structured environment, students practice what they learn, test their understanding, and pursue a personalized study plan that helps them better absorb course material and understand difficult concepts.1. An Introduction to the Foundations of Financial Management 2. The Financial Markets and Interest Rates 3. Understanding Financial Statements and Cash Flows 4. Evaluating a Firm's Financial Performance 5. The Time Value of Money 6. The Meaning and Measurement of Risk and Return 7. The Valuation and Characteristics of Bonds 8. The Valuation and Characteristics of Stock 9. The Cost of Capital 10. Capital-Budgeting Techniques and Practice 11. Cash Flows and Other Topics in Capital Budgeting 12. Determining the Financing Mix 13. Dividend Policy and Internal Financing 14. Short-Term Financial Planning 15. Working-Capital Management 16. International Business Finance 17. Cash, Receivables, and Inventory Management