Fundamentals of Corporate Finance / Edition 5 available in Hardcover
The Eighth Edition continues the tradition of excellence that has earned Fundamentals of Corporate Finance its status as market leader. Every chapter has been updated to provide the most current examples that reflect corporate finance in today’s world. The supplements package has also been updated and improved. From a new computerized test bank that is easier than ever to use, to new narrated PowerPoint for students, to new interactive learning modules, student and instructor support has never been stronger. There is also an optional, exciting new web-based program called "McGraw-Hill’s Homework Manager" that will help your students learn corporate finance by duplicating problems from each chapter in the textbook and by providing automatic grading andfeedback to both students and instructors.
|Publisher:||McGraw-Hill Companies, The|
|Edition description:||5TH BK&CDR|
About the Author
Randoloph W. Westerfield is Dean of the Marshall School of Business at University of Southern California and holder of the Robert R. Dockson Dean’s Chair of Business Administration.
From 1988 to 1993, Professor Westerfield served as the chairman of the School’s finance and business economics department and the Charles B. Thornton Professor of Finance. He came to USC from The Wharton School, University of Pennsylvania, where he was the chairman of the finance department and member of the finance faculty for 20 years. His areas of expertise include corporate financial policy, investment management and analysis, mergers and acquisitions, and stock market price behavior.
Professor Westerfield has served as a member of the Continental Bank trust committee, supervising all activities of the trust department. He has been consultant to a number ofcorporations, including AT&T, Mobil Oil and Pacific Enterprises, as well as to the United Nations, the U.S. Department of Justice and Labor, and the State of California.
Bradford D. Jordan is Professor of Finance and Gatton Research Fellow in the Carol Martin Gatton College of Business and Economics at the University of Kentucky. He has a long-standing interest in both applied and theoretical issues in corporate finance, and has extensive experience teaching all levels of corporate finance and financial management policy. Professor Jordan has published numerous articles on issues such as cost of capital, capital structure, and the behavior of security prices.
Table of ContentsPart One: Overview of Corporate Finance
Introduction to Corporate Finance
Financial Statements, Taxes, and Cash Flow
Part Two: Financial Statements and Long-Term Financial Planning
Working with Financial Statements
Long-Term Financial Planning and Growth
Part Three: Valuation of Future Cash Flows
Introduction to Valuation: The Time Value of Money
Discounted Cash Flow Valuation
Interest Rates and Bond Valuation
Part Four: Capital Budgeting
Net Present Value and Other Investment Criteria
Making Capital Investment Decisions
Project Analysis and Evaluation
Part Five: Risk and Return
Some Lessons from Capital Market History
Return, Risk, and the Security Market Line
Options and Corporate Finance
Part Six: Cost of Capital and Long-Term Financial Policy
Cost of Capital
Financial Leverage and Capital Structure Policy
Dividends and Dividend Policy
Part Seven: Short-Term Financial Planning and Management
Short-Term Finance and Planning
Cash and Liquidity Management
Credit and Inventory Management
Part Eight: Topics in Corporate Finance
International Corporate Finance
RiskManagement: An Introduction to Financial Engineering
Mergers and Acquisitions