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 183
... beta coefficient , which is an index of the stock's relative volatility . Some benchmark betas follow : b = 0.5 ... beta coefficient shows how the stock would affect the riskiness of a diversified portfolio , beta is the most relevant ...
... beta coefficient , which is an index of the stock's relative volatility . Some benchmark betas follow : b = 0.5 ... beta coefficient shows how the stock would affect the riskiness of a diversified portfolio , beta is the most relevant ...
Page 415
... Betas and Their Regression Tendencies , " Journal of Finance , June 1975 , 785-796 . 19See Barr Rosenberg and James Guy , " Beta and Investment Fundamentals , " Financial Analysts Journal , May - June 1976 , 60-72 . Rosenberg , a ...
... Betas and Their Regression Tendencies , " Journal of Finance , June 1975 , 785-796 . 19See Barr Rosenberg and James Guy , " Beta and Investment Fundamentals , " Financial Analysts Journal , May - June 1976 , 60-72 . Rosenberg , a ...
Page 507
... beta as being equal to the beta of an unleveraged , single - asset minifirm . The beta of a firm with an all - equity capital structure ( which means that the firm has zero financial leverage ) is defined as an " unlevered beta . " If ...
... beta as being equal to the beta of an unleveraged , single - asset minifirm . The beta of a firm with an all - equity capital structure ( which means that the firm has zero financial leverage ) is defined as an " unlevered beta . " If ...
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