Corporate Finance, by Ross, Westerfield, Jaffe, and Jordan 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.
Connect is proven to deliver better results for students and instructors. Proven content integrates seamlessly with enhanced digital tools to create a personalized learning experience that provides students with precisely what they need, when they need it.
作者介紹
作者簡介
Stephen Ross
現職:Massachusetts Institute of Technology
Randolph W. Westerfield
現職:University of Southern California
Jeffrey Jaffe
現職:University of Pennsylvania
Bradford D. Jordan
現職:University of Kentucky
目錄
PART I: OVERVIEW
Ch 1 Introduction to Corporate Finance
Ch 2 Financial Statements and Cash Flow
Ch 3 Financial Statements Analysis and Financial Models
PART II: VALUATION AND CAPITAL BUDGETING
Ch 4 Discounted Cash Flow Valuation
Ch 5 Net Present Value and Other Investment Rules
Ch 6 Making Capital Investment Decisions
Ch 7 Risk Analysis, Real Options, and Capital Budgeting
Ch 8 Interest Rates and Bond Valuation
Ch 9 Stock Valuation
PART III: RISK
Ch10 Lessons from Market History
Ch11 Return, Risk, and the Capital Asset Pricing Model (CAPM)
Ch12 An Alternative View of Risk and Return: The Arbitrage Pricing Theory
Ch13 Risk, Cost of Capital, and Valuation
PART IV: CAPITAL STRUCTURE AND DIVIDEND POLICY
Ch14 Efficient Capital Markets and Behavioral Challenges
Ch15 Long-Term Financing
Ch16 Capital Structure
Ch17 Capital Structure
Ch18 Valuation and Capital Budgeting for the Levered Firm
Ch19 Dividends and Other Payouts
PART V: LONG-TERM FINANCING
Ch20 Raising Capital
Ch21 Leasing
PART VI: OPTIONS, FUTURES, AND CORPORATE FINANCE
Ch22 Options and Corporate Finance
Ch23 Options and Corporate Finance: Extensions and Applications
Ch24 Warrants and Convertibles
Ch25 Derivatives and Hedging Risk
PART VII: SHORT-TERM FINANCE
Ch26 Short-Term Finance and Planning
Ch27 Cash Management
Ch28 Credit and Inventory Management
PART VIII: SPECIAL TOPICS
Ch29 Mergers, Acquisitions, and Divestitures
Ch30 Financial Distress
Ch31 International Corporate Finance
Appendix A: Mathematical Tables
Appendix B: Solutions to Selected End-of-Chapter Problems
Appendix C: Using the HP 10B and TI BA II Plus Financial Calculators