Throughout the book the authors show how managers use financial theory to solve practical problems and as a way of learning how to respond to change by showing not just how but why companies and management act as they do. The first eleven chapters are essentially the same as those in Principles. They cover the time value of money, the valuation of bonds and stocks, and practical capital budgeting decisions. The remaining chapters discuss market efficiency, payout policy, and capital structure, option valuation, and long and short-term financial planning. The text is modular, so that Parts can be introduced in an alternative order.
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Part One: Value
1- Finance and the Financial Manager
2- Present Values, the Objectives of the Firm and Corporate Governance
3- How to Calculate Present Values
4- Valuing Bonds
5- The Value of Common Stocks
6- Why Net Present Value Leads to Better Investment Decisions than Other Criteria
7- Making Investment Decisions with the Net Present Value Rule
Part Two: Risk
8- Introduction to Risk, Return, and the Opportunity Cost of Capital
9- Risk and Return
10- Capital Budgeting and Risk
Part Three: Best Practices in Capital Budgeting
11- Project Analysis Part Four: Financing Decisions and Market Efficiency
12- Efficient Markets and Behavioral Finance Part Five: Payout Policy and Capital Structure
13- Payout Policy
14- Does Debt Policy Matter?
15- How Much Should a Firm Borrow?
16- Financing and Valuation
Part Six: Options
17- Understanding Options
18- Valuing Options
Part Seven: Financial Planning and the Management of Working Capital
19- Financial Analysis and Planning
20- Short-Term Financial Planning
Book by Brealey Richard Myers Stewart Allen Franklin
Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.
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