Principles of Corporate Finance, Volume 5 |
Common terms and phrases
accept additional amount assets assume average balance bank beta bills bonds borrowing calculate cash flows Chapter common stock corporate cost of capital debt decisions demand depreciation discount rate dividend dollars earnings economic effect equal equity estimate example exchange exercise expected Figure financial manager firm firm's forecast formula fund future gain give higher hold income increase interest interest rate investment investors issue Journal lease less liabilities limit loan long-term look manager maturity means merger million offer operating opportunity option payment percent period portfolio possible present value problem production profit rate of return ratio receive risk securities sell share short-term shows standard stock price stockholders Suppose Table theory United usually warrants worth