Principles of Finance
Discover success in finance as you examine today's most relevant financial concepts in PRINCIPLES OF FINANCE, Fourth Edition, by leading authors Besley/Brigham. This reader-friendly, practical survey text combines coverage of financial markets and institutions, investments, and managerial finance with an emphasis on the financial tools you need for personal financial success. You will immediately see the relevance and value of the information you are learning. New features in each chapter clearly demonstrate how topics relate to your personal financial needs and can influence both immediate and long-term common financial decisions. Expanded coverage of spreadsheets within relevant chapters, appendices, and an end-of-book tutorial ensure you know how to maximize this critical tool for financial decisions. Find the diversity of coverage and practical financial strengths for success in today's course and your future beyond with Besley/Brigham's PRINCIPLES OF FINANCE, Fourth Edition.
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2009 Cengage Learning accounts amount analysis annual annuity Argile Argile’s average balance sheet bank beta beta coefficient bonds borrow capital budgeting capital gains capital structure cash flows chapter common equity common stock company’s compute Copyright 2009 Cengage corporate cost of capital current assets ð1 þ debt decisions deposits depreciation determine discount dividend policy EBIT economic effect equal Equation evaluate example expected return financial markets firm firm’s forecast funds future value growth increase industry inflation interest rates inventory investment investors issue leverage liabilities loan long-term margin market value maturity million operating operating cash flows P/E ratio paid payments period portfolio preferred stock present value purchase rate of return ratio receive required rate result retained earnings Rights Reserved securities Self-Test Questions sell share short-term spreadsheet stock price stockholders tax rate Total assets trading WACC yield curve