Includes index.

Contents: General concepts: An Overview of finance -- Financial markets, the investment banking process, and interest rates -- Financial intermediaries and the banking system -- Financial assets (instruments) -- Business organizations and the tax environment -- Appendix 5A: Tax rate schedules -- Fundamentals of valuation: The Time value of money -- Valuation concepts -- Risk and rates of return -- Calculating beta coefficients -- Corporate decision making: Capital budgeting -- Computing NPV and IRR using a financial calculator -- Depreciation -- Comparing projects with unequal lives -- The Cost of capital -- Capital structure and dividend policy decisions -- Working capital management -- Analysis of financial statements -- Financial planning and control -- Appendix 14A: Projected financial statements-including financing feedbacks -- Investor decision making: Investment concepts -- Security valuation and selection -- Appendix A: Mathematical tables -- Appendix B: Solutions to self-tested problems -- Appendix C: Answers to end-of-chapter problems -- Appendix D: Selected equation.