Corporate Finance, by Ross, Westerfield, and Jaffe emphasizes the modern fundamentals of the theory of finance, while providing contemporary examples to make the theory come to life. The authors aim to present corporate finance as the working of a small number of integrated and powerful intuitions, rather than a collection of unrelated topics. They develop the central concepts of modern finance: arbitrage, net present value, efficient markets, agency theory, options, and the trade-off between risk and return, and use them to explain corporate finance with a balance of theory and application. The well-respected author team is known for their clear, accessible presentation of material that makes this text an excellent teaching tool. The ninth edition has been fully updated to reflect the recent financial crisis and is now accompanied by Connect, an exciting new homework management system.
Corporate Finance, by Ross, Westerfield, and Jaffe emphasizes the modern fundamentals of the theory of finance, while providing contemporary examples to make the theory come to life. The authors aim to present corporate finance as the working of a small number of integrated and powerful intuitions, rather than a collection of unrelated topics. They develop the central concepts of modern finance: arbitrage, net present value, efficient markets, agency theory, options, and the trade-off between risk and return, and use them to explain corporate finance with a balance of theory and application. The well-respected author team is known for their clear, accessible presentation of material that makes this text an excellent teaching tool. The ninth edition has been fully updated to reflect the recent financial crisis and is now accompanied by Connect, an exciting new homework management system.
Part One:
Overview of Corporate Finance
Chapter 1:
Introduction to Corporate Finance
Chapter 2:
Financial Statements, Taxes, and Cash Flow
Part Two:
Financial Statements and Long-Term Financial Planning
Chapter 3:
Working with Financial Statements
Chapter 4:
Long-Term Financial Planning and Growth
Part Three:
Valuation of Future Cash Flows
Chapter 5:
Introduction to Valuation: The Time Value of Money
Chapter 6:
Discounted Cash Flow Valuation
Chapter 7:
Interest Rates and Bond Valuation
Chapter 8:
Stock Valuation
Part Four:
Capital Budgeting
Chapter 9:
Net Present Value and Other Investment Criteria
Chapter 10:
Making Capital Investment Decisions
Chapter 11:
Project Analysis and Evaluation
Part Five:
Risk and Return
Chapter 12:
Some Lessons from Capital Market History
Chapter 13:
Return, Risk, and the Security Market Line
Part Six:
Cost of Capital and Long-Term Financial Policy
Chapter 14:
Cost of Capital
Chapter 15:
Raising Capital
Chapter 16:
Financial Leverage and Capital Structure Policy
Chapter 17:
Dividends and Payout Policy
Part Seven:
Short-Term Financial Planning and Management
Chapter 18:
Short-Term Finance and Planning
Chapter 19:
Cash and Liquidity Management
Chapter 20:
Credit and Inventory Management
Part Eight:
Topics in Corporate Finance
Chapter 21:
International Corporate Finance
(this chapter is included in both Standard and Alternate Editions)
Part Eight (Alternate Edition only) :
Chapter 22:
Behavioral Finance: Implications for Financial Management
Chapter 23:
Risk Management: An Introduction to Financial Engineering
Chapter 24:
Options and Corporate Finance
Chapter 25:
Option Valuation
Chapter 26:
Mergers and Acquisitions
Chapter 27:
Leasing