Corporate Finance, Global Edition

For programs using a text in a two-semester course, this book highlights how core financial principles can improve individual financial decision making.

• Connects theory to practice Shows students how three major topics (corporate finance, investments and valuation) are connected by using `The Law of One Price as a framework throughout the text.
• Balanced approach Uses both time-tested and modern principles with the practical perspective of a financial manager, offering students the tools to make sound financial decisions.
• Practical study aids Designed to help students master core concepts and learn to identify and solve problems faced by today s practitioners.

1. The Corporation and Financial Markets
2. Introduction to Financial Statement Analysis
3. Financial Decision Making and the Law of One Price

1. The Time Value of Money
2. Interest Rates
3. Valuing Bonds

1. Investment Decision Rules
2. Fundamentals of Capital Budgeting
3. Valuing Stocks

1. Capital Markets and the Pricing of Risk
2. Optimal Portfolio Choice and the Capital Asset Pricing Model
3. Estimating the Cost of Capital
4. Investor Behavior and Capital Market Efficiency

1. Capital Structure in a Perfect Market
2. Debt and Taxes
3. Financial Distress, Managerial Incentives, and Information
4. Payout Policy

1. Capital Budgeting and Valuation with Leverage
2. Valuation and Financial Modeling: A Case Study

1. Financial Options
2. Option Valuation
3. Real Options

1. Raising Equity Capital
2. Debt Financing
3. Leasing

1. Working Capital Management
2. Short-Term Financial Planning

1. Mergers and Acquisitions
2. Corporate Governance
3. Risk Management
4. International Corporate Finance