Financial Management: Theory and PracticeContinuing the four goals from the first edition, i.e. helping students to make good financial decisions, providing a solid text for the introductory MBA course, motivating students by demonstrating finance is relevant and interesting, and presenting the material clearly, this Tenth Edition promises to be the best yet. Written by a highly-acclaimed, best selling, author team, this text remains the only MBA-level text to present a balance of financial theory and applications. |
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Page 384
... WACC for each company . The table below pre- sents some recent WACC estimates as calculated by Stern Stewart for a sample of corporations , along with their debt - to - total - capital ratios . These estimates suggest that a typical ...
... WACC for each company . The table below pre- sents some recent WACC estimates as calculated by Stern Stewart for a sample of corporations , along with their debt - to - total - capital ratios . These estimates suggest that a typical ...
Page 411
... WACC 0 143,000,000 Dollars of Additional Capital Raised capital budgeting process . In essence , capital budgeting ... WACC is constant for a while , but after the firm has exhausted its least expensive sources of cap- ital , the WACC ...
... WACC 0 143,000,000 Dollars of Additional Capital Raised capital budgeting process . In essence , capital budgeting ... WACC is constant for a while , but after the firm has exhausted its least expensive sources of cap- ital , the WACC ...
Page 537
... WACC and some at the lower WACC ) and compare that average WACC to the project's IRR . Citrus Grove Corporation : Combined IOS and MCC Schedules. 4 to finance it . For example , Project B has an IRR of 20 per- cent , shown on the ...
... WACC and some at the lower WACC ) and compare that average WACC to the project's IRR . Citrus Grove Corporation : Combined IOS and MCC Schedules. 4 to finance it . For example , Project B has an IRR of 20 per- cent , shown on the ...
Contents
CHAPTER | 1 |
AN OVERVIEW OF FINANCIAL MANAGEMENT | 3 |
CHAPTER | 17 |
Copyright | |
49 other sections not shown
Common terms and phrases
12 percent after-tax analysis annual annuity assume average balance sheet bank beta beta coefficient bonds capital budgeting capital gains capital structure CAPM Chapter common equity common stock company's corporate cost of capital cost of equity coupon decision depreciation discussed dividend policy dollar EBIT effect Equation estimate example expected rate expected return financial calculator Financial Management firm firm's fixed assets flotation costs forecast free cash flow funds future growth rate higher income increase inflation interest rates inventory investment investors issue lease leverage loan long-term market risk market value maturity MicroDrive MicroDrive's million NOPAT Note operating payments payout portfolio preferred stock present value problem profit rate of return ratio required rate retained earnings risk premium risk-free rate risky securities SELF-TEST QUESTIONS sell share shareholders short-term stock price stockholders tax rate WACC yield yield to maturity zero