Using the valuation framework based on the Law of One Price, top researchers Jonathan Berk and Peter DeMarzo have set the new canon for corporate finance texts. Corporate Finance blends coverage of time-tested principles and the latest advancements with the practical perspective of the financial manager. You can "practice finance to learn finance" by solving problems like those faced by today's professionals.
The 6th Edition features the latest research, data, events and technologies to help you develop the tools you need to make sound financial decisions.
Brief Contents PART 1: Introduction
The Corporation and Financial Markets
Introduction to Financial Statement Analysis
Financial Decision Making and the Law of One Price
PART 2: Time, Money, and Interest Rates
The Time Value of Money
Interest Rates
Valuing Bonds
PART 3: Valuing Projects and Firms
Investment Decision Rules
Fundamentals of Capital Budgeting
Valuing Stocks
PART 4: Risk and Return
Capital Markets and the Pricing of Risk
Optimal Portfolio Choice and the Capital Asset Pricing Model
Estimating the Cost of Capital
Investor Behavior and Capital Market Efficiency
PART 5: Capital Structure
Capital Structure in a Perfect Market
Debt and Taxes
Financial Distress, Managerial Incentives, and Information
Payout Policy
PART 6: Advanced Valuation
Capital Budgeting and Valuation with Leverage
Valuation and Financial Modeling: A Case Study
PART 7: Options
Financial Options
Option Valuation
Real Options
PART 8: Long-Term Financing
Raising Equity Capital
Debt Financing
Leasing
PART 9: Short-Term Financing
Working Capital Management
Short-Term Financial Planning
PART 10: Special Topics
Mergers and Acquisitions
Corporate Governance
Risk Management
International Corporate Finance