Table of Content
PART 1 THE COMPANY AND ITS ENVIRONMENT CHAPTER 1 An Overview of Financial Management and the Financial Environment Web Extension 1A: An Overview of Derivatives CHAPTER 2 Financial Statements, Cash Flow, and Taxes Web Extension 2A: The Federal Income Tax System for Individuals CHAPTER 3 Analysis of Financial Statements PART 2 FIXED INCOME SECURITIES CHAPTER 4 Time Value of Money Web Extension 4A: Derivation of Annuity Formulas Web Extension 4B: Continuous Compounding CHAPTER 5 Bond, Bond Valuation, and Interest Rates Web Extension 5A: A Closer Look at Zero Coupon and Other OID Bonds Web Extension 5B: A Closer Look at TIPS: Treasury Inflation-Protected Securities Web Extension 5C: A Closer Look at Bond Risk: Duration Web Extension 5D: The Pure Expectations Theory and Estimation of Forward Rates PART 3 STOCKS AND OPTIONS CHAPTER 6 Risk and Return Web Extension 6A: Continuous Probability Distributions Web Extension 6B: Estimating Beta with a Financial Calculator CHAPTER 7 Corporate Valuation and Stock Valuation Web Extension 7A: Derivation of Valuation Equations CHAPTER 8 Financial Options and Applications in Corporate Finance PART 4 PROJECTS AND THEIR VALUATION CHAPTER 9 The Cost of Capital Web Extension 9A: The Cost of Equity in the Nonconstant Dividend Growth Model with Repurchases CHAPTER 10 The Basics of Capital Budgeting: Evaluating Cash Flows Web Extension 10A: The Accounting Rate of Return (ARR) CHAPTER 11 Cash Flow Estimation and Risk Analysis Web Extension 11A: Certainty Equivalents and Risk- Adjusted Discount Rates PART 5 CORPORATE VALUATION AND GOVERNANCE CHAPTER 12 Corporate Valuation and Financial Planning CHAPTER 13 Corporate Governance PART 6 CASH DISTRIBUTIONS AND CAPITAL STRUCTURE CHAPTER 14 Distributions to Shareholders: Dividends and Repurchases CHAPTER 15 Capital Structure Decisions Web Extension 15A: Degree of Leverage Web Extension 15B: Capital Structure Theory: Arbitrage Proofs of the Modigliani-Miller Theorems PART 7 MANAGING GLOBAL OPERATIONS CHAPTER 16 Supply Chains and Working Capital Management Web Extension 16A: Secured Short-Term Financing CHAPTER 17 Multinational Financial Management PART 8 TACTICAL FINANCING DECISIONS CHAPTER 18 Public and Private Financing: Initial Offerings, Seasoned Offerings, and Investment Banks Web Extension 18A: Rights Offerings CHAPTER 19 Lease Financing Web Extension 19A: Leasing Feedback Web Extension 19B: Percentage Cost Analysis Web Extension 19C: Leveraged Leases CHAPTER 20 Hybrid Financing: Preferred Stock, Warrants, and Convertibles Web Extension 20A: Calling Convertible Issues PART 9 STRATEGIC FINANCE IN A DYNAMIC ENVIRONMENT CHAPTER 21 Dynamic Capital Structures and Corporate Valuation Web Extension 21A: Projecting Consistent Debt and Interest Expenses CHAPTER 22 Mergers and Corporate Control CHAPTER 23 Enterprise Risk Management CHAPTER 24 Bankruptcy, Reorganization, and Liquidation Web Extension 24A: Multiple Discriminant Analysis PART 10 SPECIAL TOPICS CHAPTER 25 Portfolio Theory and Asset Pricing Models CHAPTER 26 Real Options 1 Web Extension 26A: The Abandonment Real Option Web Extension 26B: Risk-Neutral Valuation APPENDIXES APPENDIX A Solutions to Self-Test Problems APPENDIX B Answers to End-of-Chapter Problems APPENDIX C Selected Equations GLOSSARY AND INDEXES Glossary Name Index Subject Index WEB CHAPTERS: CHAPTER 27 Providing and Obtaining Credit CHAPTER 28 Advanced Issues in Cash Management and Inventory Control CHAPTER 29 Pension Plan Management CHAPTER 30 Financial Management in Not-for-Profit Businesses
