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. |
From inside the book
Results 1-3 of 87
Page 151
... maturity risk premiums are required on bonds with 5 years or less to maturity . The current interest rate on 5 - year T - bonds is 8 percent . a . What is the average expected inflation rate over the next 4 years ? b . What should be ...
... maturity risk premiums are required on bonds with 5 years or less to maturity . The current interest rate on 5 - year T - bonds is 8 percent . a . What is the average expected inflation rate over the next 4 years ? b . What should be ...
Page 299
... maturity is generally the same as the market rate of interest , ka , and to find it , all you need to do is solve ... maturity is identical to the total rate of return discussed in the preced- ing section . The yield to maturity can also ...
... maturity is generally the same as the market rate of interest , ka , and to find it , all you need to do is solve ... maturity is identical to the total rate of return discussed in the preced- ing section . The yield to maturity can also ...
Page 319
... Maturity ; Financial Calculator Needed 8-11 Current Yield ; Financial Calculator Needed 8-12 Nominal Interest Rate 8 ... maturity . Interest is paid annually ; the bonds have a $ 1,000 par value ; and the coupon interest rate is 9 ...
... Maturity ; Financial Calculator Needed 8-11 Current Yield ; Financial Calculator Needed 8-12 Nominal Interest Rate 8 ... maturity . Interest is paid annually ; the bonds have a $ 1,000 par value ; and the coupon interest rate is 9 ...
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