| TITLE : FINANCE: INVESTMENTS, INSTITUTIONS, AND MANAGEMENT 2ND ED. |
DETAILED CONTENTS ix PREFACE xv ABOUT THE AUTHOR xxi PART ONE MARKETS AND INSTITUTIONS 1 1 An Overview of Finance 2 2 Financial Markets 19 3 Intermediaries 51 4 The Structure of Interest Rates 81 5 The Federal Reserve and the Money Supply 103 PART TWO INVESTMENTS 125 6 The Time Value of Money 126 7 Risk and Return 168 8 Asset Valuation : Bonds 203 9 Asset Valuation : Stock and Market Efficiency 222 PART THREE FOUNDATIONS OF CORPORATE FINANCE 259 10 Capital Budgeting : Introduction and Techniques 260 11 Estimating Cashflows and Refinements to Capital Budgeting 286 12 The Cost of Capital 316 13 The Theory of Capital Structure 341 14 Financial Statement and Ratio Analysis 363 15 Financial Planning, Forecasting and Cash Budgets 405 16 The Management of Working Capital 432 PART FOUR BRINGING IT ALL TOGETHER 463 17 International Finance 464 18 Applying Financial Concepts : A Case Study 489 Appendix A : Financial Tables 511 Appendix B : Answers to End-of-Chapter Problem 515 GLOSSARY 524 INDEX 537