Includes index.

Contents: Fundamental concepts -- An Overview of financial management -- Risk and return - part I -- Risk and return - part II -- Bond valuation -- Basic stock valuation -- Accounting for financial management -- Analysis of financial statements -- Corporate valuation: Financial planning and forecasting financial statements -- Determining the cost of capital -- Corporate value and value-based management -- Strategic investment decisions: Capital budgeting: decision criteria -- Capital budgeting: estimating cash flows and analyzing risk -- Option price with applications to real options -- Strategic financing decisions: Capital structure decisions: Capital structure decisions: Distributions to shareholders -- Tactical financing decisions: Initial public offerings, investment banking, and financial restructuring -- Lease financing -- Hybrid financing: preferred stock, warrants, and convertibles -- Working capital management: Current asset management -- Short-term financing -- Other topics in working capital management -- Special topics: Derivatives and risk management -- Bankruptcy, reorganization, and liquidation -- Mergers, LBOs, divestitures, and holding companies -- Multinational financial management -- Financial management in non-for-profit businesses -- Appendix A: Mathematical table -- Appendix B: Answers to end-of-chapter problems -- Selected equations and data.