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 159
... return on your $ 1,000 investment ? One way of expressing an investment return is in dollar terms . The dollar return is simply the total dollars received from the investment less the amount ... return and rate INVESTMENT RETURNS 159.
... return on your $ 1,000 investment ? One way of expressing an investment return is in dollar terms . The dollar return is simply the total dollars received from the investment less the amount ... return and rate INVESTMENT RETURNS 159.
Page 194
... rate of return for each stock during the period 1994 through 1998 . Assume that someone held a portfolio consisting of 50 percent of Stock A and 50 percent of Stock B. What would have been the realized rate of return on the portfolio in ...
... rate of return for each stock during the period 1994 through 1998 . Assume that someone held a portfolio consisting of 50 percent of Stock A and 50 percent of Stock B. What would have been the realized rate of return on the portfolio in ...
Page 391
... rate of return on common stock will . change from its current value of 12.4 percent . 4. If the expected rate of return on a given capital project lies above the SML , the expected rate of return on the project is more than enough to ...
... rate of return on common stock will . change from its current value of 12.4 percent . 4. If the expected rate of return on a given capital project lies above the SML , the expected rate of return on the project is more than enough to ...
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