Incluye índice. CONTENIDO: Introduction to managerial finance. The role and environment of managerial finance -- The financial market environment -- Financial tools. Financial statements and ratio analysis -- Cash flow and financial planning -- Time value of money -- Valuation of securities. Interest rates and bond valuation -- Stock valuation -- Risk and the required rate of return. Risk and return -- The cost of capital -- Long-term investment decisions -- Capital budgeting techniques -- Capital budgeting cash flows -- Risk and refinements in capital budgeting -- Long-term financial decisions. Leverage and capital structure -- Payout policy -- Short-term financial decisions. Working capital and current asset management -- Current liabilities management -- Special topics in managerial finance. Hybrid and derivative securities -- Mergers, LBOs, divestitures, and business failures -- International managerial finance -- Appendixes.
