Financial Theory and Corporate Policy, Volume 2
A recognized classic, "Financial Theory and Corporate Policy' is thoroughly updated in this third edition. The authors provide a concise, unified treatment of finance, combining theory, empirical evidence and applications. Recent major contributions in financial literature are discussed and all current literature is summarized. The book provides MBA and doctoral students with an excellent bridge to prevailing scholarship in finance.
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THE THEORY OF FINANCE
Consumption and Investment with
The Certainty Case
66 other sections not shown
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abnormal returns acquiring firms announcement arbitrage asset pricing assume beta bondholders bonds call option capital budgeting capital gains capital markets capital structure CAPM cash flows changes Chapter common stock conglomerate mergers corporate cost of capital covariance decision dividend payout dividend policy dollar effect end-of-period equal equation equilibrium estimate example exchange rate exercise price expected utility Financial Economics firm's futures contracts hedge income increase indifference curve interest rate investment investors Journal of Financial lease leverage marginal market line market portfolio market value maturity merger negative opportunity set optimal option pricing payments payoffs period positive premium present value pricing model problem pure securities rate of return ratio repurchase risk-free rate riskless risky assets shareholders spot price standard deviation stochastic dominance stock price systematic risk Table tax rate tax shield tender offers theory trading utility function valuation variable variance wealth zero