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 130
... long - term interest rates is highlighted in Figure 4-4 , which plots rates of inflation along with long - term interest rates . In the late 1950s and early 1960s , inflation averaged 1 percent per year , and interest rates on high- quality ...
... long - term interest rates is highlighted in Figure 4-4 , which plots rates of inflation along with long - term interest rates . In the late 1950s and early 1960s , inflation averaged 1 percent per year , and interest rates on high- quality ...
Page 136
... longer the years to maturity , must be included in the required interest rate . 11 The effect of maturity risk premiums is to raise interest rates on long - term bonds relative to those on short - term bonds . This premium , like the ...
... longer the years to maturity , must be included in the required interest rate . 11 The effect of maturity risk premiums is to raise interest rates on long - term bonds relative to those on short - term bonds . This premium , like the ...
Page 838
... term " permanent current assets " ? What is meant by the term " temporary current assets " ? What is meant by the term " current asset financing policy " ? What are three ... Long - Term versus 838 CHAPTER 22 SHORT - TERM FINANCING.
... term " permanent current assets " ? What is meant by the term " temporary current assets " ? What is meant by the term " current asset financing policy " ? What are three ... Long - Term versus 838 CHAPTER 22 SHORT - TERM FINANCING.
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