Includes index

Contents: 1. Value -- Introduction to corporate finance -- How to calculate present values --Valuing bonds -- The Value of common stocks -- New present value and other investment criteria -- Making investment decisions with the net present value -- 2. Risk: Introduction to risk and return -- Portfolio theory and the capita; asset pricing module -- Risk and the cost of capital -- 3. Best practices in capital budgeting: Project analysis -- Investment, strategy, and economic rents -- Agency problems, compensation, and performance measurement -- 4. Financing decisions and market efficiency: Efficient markets and behavioral finance -- An overview of corporate financing -- How corporations issue securities -- 5. Payout policy and capital structure: Payout policy -- Does debt policy matter? - How much should a corporation borrow? 6. Options: Understanding options -- Valuing options -- Real options -- 7. Debt financing; Credit risk and the value of corporate debt -- The many different kinds of debts -- Leasing -- 8. Risk management: Managing risk -- Managing international risks -- 9. Financial planning and working capital management: Financial analysis -- financial planning -- Working capital management -- 10. Mergers, corporate control, and governance: Mergers -- Corporate restructuring -- Governance and corporate control around the world --11. Conclusion: What we do and do not know about finance