Financial Management: Theory and Practice, Volume 1Intended for use in an introductory finance course, this textbook emphasizes the skills needed to make good financial decisions. It outlines fundamental concepts and provides detailed discussions of topics like securities, corporate valuation, strategic investment, and working capital management. Two CD-ROMs contain displays, tools kits, models, files, spreadsheets, and reference materials. Brigham teaches at the University of Florida. Ehrhardt teaches at the University of Tennessee. Distributed by ISBS. c. Book News Inc. |
Contents
Business Organizations | 25 |
Financial Markets Institutions and Interest Rates | 49 |
Valuation and the Cost of Capital | 87 |
Copyright | |
33 other sections not shown
Common terms and phrases
$10 million 12 percent after-tax amount analysis annual annuity assume balance sheet bank beta beta coefficient bonds borrow calculated capital budgeting capital gains capital structure CAPM cash balance cash flows Chapter common equity common stock corporate cost of capital coupon current assets D₁ decision depreciation discount rate discussed dividend policy dividend yield dollars EBIT effect Equation estimated example expected rate expected return factors Figure Financial Management firm firm's fixed assets flotation costs forecast funds future growth rate income income statement increase inflation interest rates inventory investment investors issue lease leverage loan market value maturity merger Note operating optimal option payable payments percentage period portfolio preferred stock present value profit purchase rate of return required rate retained earnings risk premium risky sell shares short-term sold stock price stockholders Table target tax rate Total assets U.S. Steel zero