Fundamentals of corporate finance /
Richard A. Brealey, Steward C. Myers, Alan J. Marcus.
- 6th ed.
- xxx, 700 pages : color illustrations ; 28 cm.
- The Irwin series in finance McGraw-Hill/Irwin series in finance, insurance, and real estate .
- Irwin series in finance. McGraw-Hill/Irwin series in finance, insurance, and real estate. .
Includes bibliographies and index.
1. Introduction -- Goals and governance of the firm -- Financial markets and institutions -- Accounting and finance -- Measuring corporate performance -- 2. Value -- The time value of money -- Valuing bonds -- Valuing stocks -- Net present value and other investment criteria -- Using discounted cash-flow analysis to make investment decisions -- Project analysis -- 3. Risk -- Introduction to risk, return, and the opportunity cost of capital -- Risk, return, and capital budgeting -- The weighted-average cost of capital and company valuation -- 4. Financing -- Introduction to corporate financing -- Venture capital, IPOs, and seasoned offerings -- 5. Debt and payout policy -- Debt policy -- Payout policy -- 6. Financial analysis and planning -- Long-term financial planning -- Short-term financial planning -- Working capital management -- 7. Special topics -- Mergers, acquisitions, and corporate control -- International financial management -- Options -- Risk management -- 8. Conclusion -- What we do and do not know about finance.
Fundamentals of Corporate Finance, by Richard A. Brealey, Stewart C. Myers, and Alan J. Marcus, has been applauded for its modern approach and interesting examples. Professors praise the authors' well-organized and thoughtful writing style and their clear exposition of what many students consider difficult material. The authors accomplish this without sacrificing an up-to-date, technically correct treatment of core topic areas. Since this author team is known for their outstanding research, teaching efforts, and market-leading finance textbooks, it's no surprise that they have created an innovative and market-driven revision that is more student-friendly than ever. Every chapter has been reviewed and revised to reflect the current environment in corporate finance.