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Published by Pearson (September 12, 2024) © 2021

Jonathan Berk | Peter DeMarzo
    Pearson eTextbook ( 1 year access )
    €41,99

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    ISBN-13: 9781292366630

    Corporate Finance, Global Edition ,5th edition

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    Language: English

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    For programs using a text in a two-semester course, this book highlights how core financial principles can improve individual financial decision making.

    • Connects theory to practice – Shows students how three major topics (corporate finance, investments and valuation) are connected by using ‘The Law of One Price’ as a framework throughout the text.
    • Balanced approach – Uses both time-tested and modern principles with the practical perspective of a financial manager, offering students the tools to make sound financial decisions.
    • Practical study aids – Designed to help students master core concepts and learn to identify and solve problems faced by today’s practitioners.
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    PART 1: INTRODUCTION

    1. The Corporation and Financial Markets
    2. Introduction to Financial Statement Analysis
    3. Financial Decision Making and the Law of One Price

    PART II: TIME, MONEY, AND INTEREST RATES

    1. The Time Value of Money
    2. Interest Rates
    3. Valuing Bonds

    PART III: VALUING PROJECTS AND FIRMS

    1. Investment Decision Rules
    2. Fundamentals of Capital Budgeting
    3. Valuing Stocks

    PART IV: RISK AND RETURN

    1. Capital Markets and the Pricing of Risk
    2. Optimal Portfolio Choice and the Capital Asset Pricing Model
    3. Estimating the Cost of Capital
    4. Investor Behavior and Capital Market Efficiency

    PART V: CAPITAL STRUCTURE

    1. Capital Structure in a Perfect Market
    2. Debt and Taxes
    3. Financial Distress, Managerial Incentives, and Information
    4. Payout Policy

    PART VI: ADVANCED VALUATION

    1. Capital Budgeting and Valuation with Leverage
    2. Valuation and Financial Modeling: A Case Study

    PART VII: OPTIONS

    1. Financial Options
    2. Option Valuation
    3. Real Options

    PART VIII: LONG-TERM FINANCING

    1. Raising Equity Capital
    2. Debt Financing
    3. Leasing

    PART IX: SHORT-TERM FINANCING

    1. Working Capital Management
    2. Short-Term Financial Planning

    PART X: SPECIAL TOPICS

    1. Mergers and Acquisitions
    2. Corporate Governance
    3. Risk Management
    4. International Corporate Finance
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