The only book written specifically for Intermediate or Advanced Corporate Finance courses, Brigham/Daves' INTERMEDIATE FINANCIAL MANAGEMENT, 13E combines in-depth discussions of core issues with current coverage of the topics that are reshaping finance today. This best-selling author teams provides a unique balance of theory and practical applications to equip you with a thorough understanding of the financial problems facing businesses -- as well as the best solutions. Corporate valuation as a unifying theme emphasizes the theoretic groundwork for value maximization, while numerous Excel® examples help you sharpen the practical skills needed to analyze business decisions. Real-world examples, integrated Mini-Cases, end-of-chapter problems and Excel® spreadsheet models illustrate how financial theory in practice leads to stronger financial decisions.
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Part I: FUNDAMENTAL CONCEPTS OF CORPORATE FINANCE.
1. An Overview of Financial Management and the Financial Environment.
Web Extension 1A: An Overview of Derivatives.
Web Extension 1B: An Overview of Financial Institutions.
2. Risk and Return: Part I.
Web Extension 2A: Continuous Probability Distributions.
Web Extension 2B: Estimating Beta with a Financial Calculator.
3. Risk and Return: Part II.
4. Bond Valuation.
Web Extension 4A: A Closer Look at Zero Coupon Bonds, Other OID Bonds and Premium Bonds.
Web Extension 4B: A Closer Look at TIPS: Treasury Inflation-Protected Securities.
Web Extension 4C: A Closer Look at Bond Risk: Duration.
Web Extension 4D: The Pure Expectations Theory and Estimation of Forward Rates.
5. Financial Options.
6. Accounting for Financial Management.
Web Extension 6A: The Federal Income Tax System for Individuals.
7. Analysis of Financial Statements.
Part II: CORPORATE VALUATION.
8. Basic Stock Valuation.
Web Extension 8A: Derivation of Valuation Equations.
9. Corporate Valuation and Financial Planning.
10. Corporate Governance.
11. Determining the Cost of Capital.
Web Extension 11A: The Cost of Equity in the Nonconstant Dividend Growth Model.
Part III: PROJECT VALUATION.
12. Capital Budgeting: Decision Criteria.
Web Extension 12A: The Accounting Rate of Return (ARR).
13. Capital Budgeting: Estimating Cash Flows and Analyzing Risk.
Web Extension 13A: Certainty Equivalents and Risk-Adjusted Discount Rates.
14. Real Options.
Web Extension 14A: The Abandonment Real Option.
Web Extension 14B: Risk-Neutral Valuation.
Part IV: STRATEGIC FINANCING DECISIONS.
15. Distributions to Shareholders: Dividends and Repurchases.
16. Capital Structure Decisions.
Web Extension 16A: Degree of Leverage.
Web Extension 16B: Capital Structure Theory: Arbitrage Proofs of the Modigliani-Miller Theorems.
17. Dynamic Capital Structures and Corporate Valuation.
Web Extension 17A: Projecting Consistent Debt and Interest Expenses.
Web Extension 17B: Bond Refunding.
Part V: TACTICAL FINANCING DECISIONS.
18. Initial Public Offerings, Investment Banking and Capital Formation.
Web Extension 18A: Rights Offerings.
19. Lease Financing.
Web Extension 19A: Percentage Cost Analysis.
Web Extension 19B: Leasing Feedback.
Web Extension 19C: Leveraged Leases.
Web Extension 19D: Accounting for Leases.
20. Hybrid Financing: Preferred Stock, Warrants and Convertibles.
Web Extension 20A: Calling Convertible Issues.
Part VI: WORKING CAPITAL MANAGEMENT.
21. Supply Chains and Working Capital Management.
Web Extension 21A: Secured Short-Term Financing.
Web Extension 21B: Supply Chain Finance.
22. Providing and Obtaining Credit.
23. Other Topics in Working Capital Management.
Part VII: SPECIAL TOPICS.
24. Enterprise Risk Management.
25. Bankruptcy, Reorganization and Liquidation.
Web Extension 25A: Multiple Discriminant Analysis.
26. Mergers and Corporate Control.
27. Multinational Financial Management.
WEB CHAPTERS.
28. Time Value of Money.
Web Extension 28A: The Tabular Approach.
Web Extension 28B: Derivations of Annuity Formulas.
Web Extension 28C: Continuous Compounding.
29. Basic Financial Tools: A Review.
30. Pension Plan Management.
31. Financial Management in Not-for-Profit Businesses.
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Produktdetaljer
ISBN
9781337395083
Publisert
2018-02-16
Utgave
13. utgave
Utgiver
Cengage Learning, Inc
Vekt
2110 gr
Høyde
17 mm
Bredde
80 mm
Dybde
101 mm
Aldersnivå
U, 05
Språk
Product language
Engelsk
Format
Product format
Innbundet
Antall sider
1216