Fundamentals of Corporate Finance 5e

David Hillier is Professor of Finance at the University of Strathclyde, teaches regularly in development programs for executives and has taught courses for a wide variety of professional clients, including the World Bank and the National Health Service in the UK. It is part of the editorial board of several international journals of finance. Stephen A. Ross was the Franco Modigliani Professor of Financial Economics at the Sloan School of Management, Massachusetts Institute of Technology. One of the most widely published authors in finance and economics. Professor Ross is recognized for his work in developing the arbitrage pricing theory, along with his substantial contributions to the discipline through his research in signaling, agency theory, option pricing, and the theory of the term structure of interest rates, among other topics. A past president of the American Finance Association, he also served as an associate editor of several academic and practitioner journals, and was a trustee of CalTech. Randolph W. Westerfield is Dean Emeritus of the University of Southern California’s Marshall School of Business and is the Charles B. Thornton Professor of Finance Emeritus. Professor Westerfield came to USC from the Wharton School, University of Pennsylvania, where he was the chairman of the finance department and member of the finance faculty for 20 years. He is a member of the Board of Trustees of Oaktree Capital Mutual Funds. His areas of expertise include corporate financial policy, investment management, and stock market price behavior. Bradford D. Jordan is Visiting Scholar at the University of Florida. He previously held the duPont Endowed Chair in Banking and Financial Services at the University of Kentucky, where he was department chair for many years. He specializes in corporate finance and securities valuation. He has published numerous articles in leading finance journals, and he has received a variety of research awards, including the Fama/DFA Award in 2010.Dr. Jordan is coauthor of Corporate Finance 13e, Corporate Finance: Core Principles and Applications 7e, Fundamentals of Corporate Finance 13e, and Essentials of Corporate Finance 1le, which collectively are the most widely used business finance textbooks in the world, along with Fundamentals of Investments: Valuation and Management 10e, a popular investments text.

• PART ONE: Overview of Corporate FinanceChapter 1: Introduction to Corporate FinanceChapter 2: Corporate GovernanceChapter 3: Financial Statement AnalysisPART TWO: Valuation of Future Cash FlowsChapter 4: Introduction to Valuation: The Time Value of MoneyChapter 5: Discounted Cash Flow ValuationChapter 6: Bond ValuationChapter 7: Equity ValuationPART THREE: Capital BudgetingChapter 8: Net Present Value and Other Investment CriteriaChapter 9: Making Capital Investment DecisionsChapter 10: Project Analysis and EvaluationPART FOUR: Risk and ReturnChapter 11: Some Lessons from Recent Capital Market HistoryChapter 12: Return, Risk and the Security Market LinePART FIVE: Cost of Capital and Long-Term Financial PolicyChapter 13: Cost of CapitalChapter 14: Raising CapitalChapter 15: Financial Leverage and Capital Structure PolicyChapter 16: Dividends and Payout PolicyPART SIX: Topics in Corporate FinanceChapter 17: Short-term Financial Planning and ManagementChapter 18: International Corporate FinanceChapter 19: Behavioural FinanceChapter 20: Financial Risk ManagementChapter 21: Options and Corporate FinanceChapter 22: Mergers and Acquisitions