Includes Appendix and Index.

Contents: Part 1: Overview of corporate finance: 1. Introduction to corporate finance -- 2. Financial statements, taxes, and cash flow -- Part 2: Financial statements and long-term financial planning: 3. Working with financial statements -- 4. Long-term financial planning and growth -- Part 3: Valuation of future cash flows: 5. Introduction to valuation: the time value of money -- 6. Discounted cash flow valuation -- 7. Interest rates and bond valuation -- 8. Stock valuation -- Part 4: Capital budgeting: 9. Net present value and other investment criteria -- 10. Making capital investment decisions -- 11. Project analysis and evaluation -- Part 5: Risk and return: 12. Some lessons from capital market history -- 13. Return, risk, and the security market line -- Part 6: Cost of capital and long-term financial policy: 14. Cost of capital -- 15. Raising capital -- 16. Financial leverage and capital structure policy -- 17. Dividends and payout policy -- Part 7: Short-term financial planning and management: 18. Short-term finance and planning -- 19. Cash and liquidity management -- 20. Credit and inventory management -- Part 8: Topics of corporate finance: 21. International corporate finance.