Incluye índice. CONTENIDO: Introduction to financial management. An overview of financial management -- Financial markets and institutions -- Fundamental concepts in financial management. Financial statements, cash flow, and taxes -- Analysis of financial statements -- Time value of money -- Financial assets. Interest rates -- Bonds and their valuation -- Risk and rates of return -- Stocks and their valuation -- Investing in long-term assets: Capital Budgeting. The Cost of capital -- The Basics of capital budgeting -- Cash flow estimation and risk analysis -- Real options and other topics in capital budgeting -- Capital structure and dividend policy. Capital structure and leverage -- Distributions to shareholders: dividends and share repurchases -- Working capital management and financial forecasting. Working capital management -- Financial planning and forecasting -- Special topics in financial management. Derivatives and risk management -- Multinational financial management -- Hybrid financing: preferred stock, leasing, warrants, and convertibles -- Mergers and acquisitions -- Appendixes. A. Solutions to self-test questions and problems -- B. Answers to selected end-of-chapter problems -- C. Selected equations and tables.
Updated with the latest trends, developments, and practices from the field, Brigham/Houston's FUNDAMENTALS OF FINANCIAL MANAGEMENT, 15e equips you with a thorough understanding of today's corporate finance and financial management. This longtime market leader offers insight into federal debt, the ongoing recovery of financial markets, and other emerging issues straight from today's headlines. Clear explanations and real-world examples help you understand the "what" and the "why" of corporate budgeting, financing, working capital decision making, forecasting, valuation, and Time Value of Money, while hands-on exercises, cases, Excel® Spreadsheet Models, and digital resources like MindTap let you put theory into action.