Financial management and policy
KEY BENEFIT: This book is highly respected for its effective integration of financial theory and practice. This classic book explores the rapidly evolving and exciting theory of finance as it relates to a corporation's investment in assets, financing, and dividends. It explains the ways in which analytical techniques are brought to bear on financial decision making, and supplies the institutional material necessary for a solid understanding of the environment in which financial decisions are made. For anyone interested in the world of finance.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Time value of money
Measuring the return from a stock investment
79 other sections not shown
abandonment value acceptance acquisition approach assume assumptions average bankruptcy costs beta calculations Capital Budgeting capital markets capital structure capital-asset pricing model cash flows cash inflows cash outflows chapter common stock compute Corporation correlation cost of capital cost of equity debt decision depreciation determine discount rate distribution of possible diversification dividend policy earnings Economics equity capital estimates evaluation example excess returns exercise price expected return expected value factor Figure Financial and Quantitative Financial Management firm firm's foundations of finance greater hedged position illustrate income increase inflation interest rate internal rate investment projects investment proposals investments in assets investors Journal of Finance leverage market portfolio market price method optimal option pricing percent period present value probability distribution problem profitability index Quantitative Analysis rate of return required rate required returns risk-free rate risky investments standard deviation stock price stockholders systematic risk terminal value utility valuation value of net-present