Financial Management and PolicyAppropriate for mid-level undergraduate and MBA courses in Corporate Finance, this text is a theoretically rigorous presentation of corporate finance. It provides a solid background for financial decision-making, preparing the student to apply the analytical techniques of financial management to the Canadian environment. Extensive pedagogy. |
Contents
Objective of the Firm | 7 |
CONCEPTS IN VALUATION | 13 |
Internal Rate of Return or Yield | 24 |
Copyright | |
104 other sections not shown
Common terms and phrases
acquisition after-tax analysis Assets and Required assume bank bankruptcy costs beta bond borrower Capital Budgeting capital cost allowance capital structure CAPM cash flows CHAPTER common stock company's cost of capital debt holders decision determine discount rate Dividend Policies earnings per share EBIT effect equity evaluating expected return factors Financial Economics Financial Management financial markets firm firm's flotation costs funds future greater income increase incremental inflation interest rate internal rate inventory Investment in Assets investment projects investment proposals investors issue Journal of Finance lease lender leverage liquidity loan market price market value ment merger method million net present value optimal option pricing payments percent period preferred stock premium present value pricing model probability distribution profitability rate of return ratio required rate required return risk-free rate sell share price shareholders standard deviation stock price systematic risk tax rate tax shield tion valuation weighted average