Part One Introduction

1 Goals and Governance of the Corporation

2 Financial Markets and Institutions

3 Accounting and Finance

4 Measuring Corporate Performance

Part Two Value

5 The Time Value of Money

6 Valuing Bonds

7 Valuing Stocks

8 Net Present Value and Other Investment Criteria

9 Using Discounted Cash-Flow Analysis to Make Investment Decisions

10 Project Analysis

Part Three Risk

11 Introduction to Risk, Return, and the Opportunity Cost of Capital

12 Risk, Return, and Capital Budgeting

13 The Weighted-Average Cost of Capital and Company Valuation

Part Four Financing

14 Introduction to Corporate Financing

15 How Corporations Raise Venture Capital and Issue Securities

Part Five Debt and Payout Policy

16 Debt Policy

17 Payout Policy

Part Six Financial Analysis and Planning

18 Long-Term Financial Planning

19 Short-Term Financial Planning

20 Working Capital Management

Part Seven Special Topics

21 Mergers, Acquisitions, and Corporate Control

22 International Financial Management

23 Options

24 Risk Management

Part Eight Conclusion

25 What We Do and Do Not Know about Finance