Preface xvi
About the authors
How to use this book
PART 1: Introduction to managerial finance
Chapter 1 The role of managerial finance
Chapter 2 The financial market environment
PART 2: Financial tools
Chapter 3 Financial statements and analysis
Chapter 4 Long and short-term financial planning
Chapter 5 Time value of money
PART 3: Valuation of securities
Chapter 6 Interest rates and bond valuation
Chapter 7 Share valuation
PART 4: Risk and the required rate of return
Chapter 8 Risk and return
Chapter 9 The cost of capital
PART 5: Long-term investment decisions
Chapter 10 Capital budgeting techniques
Chapter 11 Capital budgeting cash flows
Chapter 12 Risk and refinements in capital budgeting
PART 6: Long-term financial decisions
Chapter 13 Leverage and capital structure
Chapter 14 Payout policy
PART 7: Short-term financial decisions
Chapter 15 Working capital and current assets management
Chapter 16 Current liabilities management
PART 8: Special topics in managerial finance
Chapter 17 Hybrid and derivative securities
Chapter 18 Mergers, LBOs, divestitures and business failure
Chapter 19 International managerial finance
Appendices
A Financial tables
B Solutions to self-test problems
C Answers to selected end-of-chapter
problems
Glossary
Index