Corporate finance demystified
By: Troy A. Adair, Jr
Edition: 2nd ed.
Publisher: McGraw-Hill
Published: 2011
Place of publication: New York
Language: eng
Number of pages: 282
ISBN-13: 9780071749077
Subjects: Textbooks; Corporations; Finance
Description: This book provides students at every level with a comprehensive introduction to corporate finance principles, the time value of money, including present value, amortization schedules, and more.
Notes: Includes index.
Table of contents: title: Acknowledgments; title: Introduction; title: Part 1: Introduction:; title: 1: What is corporate finance?; title: What is finance?; title: Subfields of finance; title: Parts of corporate finance; title: So, why is this so complicated?; title: Why are we studying corporate finance?; title: Quiz; title: 2: Setting the stage:; title: Basic forms of business organization; title: Goal of the financial manager; title: Agency relationships and conflicts; title: Quiz; title: 3: Accounting statements and cash flows:; title: Balance Sheet: Assets versus liabilities; title: Balance Sheet: Short-term versus; title: Long-term accounts; title: Income statement; title: Taxes; title: Cash flow from assets; title: Quiz; title: 4: Common-size, common-base year, and ratio analysis:; title: General goal of ratio analysis: summarization; title: Good and bad values for ratios; title: Additional effect of ratio analysis: standardization; title: Common-size statement analysis; title: Common-base year analysis; title: Liquidity ratios; title: Leverage ratios; title: Asset utilization ratios; title: Profitability ratios; title: Quiz; title: Part 2: I Will Gladly Pay You $2 Tomorrow For $1 Today: The Time Value Of Money:; title: 5: Present and future value; title: Using a financial calculator or a spreadsheet program; title: Time lines; title: TVM formulas; title: Calculator setup and notational conventions; title: Using the TVM formulas; title: Example-car loan with delayed first payment; title: Example-retirement calculation; title: What about annuities due?; title: Quiz; title: 6: Compounding and interest rate conversion: when what you've got isn't what you need:; title: Interest rate flavors; title: APRs explained; title: Just because you have a new toy doesn't mean you have to use it!; title: Dealing with other nominal rates; title: Caution on using calculators or textbook formulas to convert rates; title: Quiz.; title: 7: Payment composition and amortization schedules:; title: Calculating payment components for pure discount loans; title: Calculating payment components for interest-only loans; title: Amortized Loans: Constant-payment loans; title: Amortized Loans: Constant-principal loans; title: Final note on amortized loans; title: Quiz; title: Part 3: Valuation:; title: 8: Valuing bonds:; title: Conventions of bond quotations; title: Mathematics of a bond; title: There are rates, and then there are rates that aren't really rates; title: Solving for bond price; title: Solving for anything but bond price; title: Parts of YTM; title: Quiz; title: 9: Valuing stocks:; title: Conventions of stock quotations; title: Mathematics of a stock: Constant dividends; title: Mathematics of a stock: Constantly growing dividends; title: Mathematics of a stock: Constantly shrinking dividends; title: What g>r really means; title: Mathematics of a stock: Nonconstant dividends; title: Dividend yield and expected capital; title: Gains yields on stocks; title: Quiz; title: 10: Valuing projects: the capital-budgeting decision rules:; title: Why cash flow signs matter now; title: Notational conventions, part 2; title: Net present value; title: Intuition behind NPV; title: Payback; title: Discounted payback; title: Comparison on the intuitions in payback and discounted payback; title: Average Accounting Return (AAR); title: Internal Rate of Return (IRR); title: Modified IRR (MIRR); title: Profitability Index (PI); title: Quiz; title: Part 4: Where Do Interest Rates Come From? Risk, Return, And The Cost Of Capital:; title: 11: Measuring risk and return:; title: Using the past to predict the future: computing the average and standard deviation of historic returns; title: Explicit guessing: calculating the expected return and standard deviation across expected states of nature; title: Choosing which method to use for average and standard deviation; title: Portfolio averages and standard deviations; title: Quiz; title: 12: Calculating beta:; title: Beta estimation methodology; title: Choosing and gathering the necessary data; title: Calculating the beta; title: Portfolio betas; title: Quiz; title: 13: Analyzing the security market line:; title: Relationship between the security market line and the CAPM equation; title: Estimating the intercept of the SML; title: Estimating the slope of the SML; title: Estimating the X variable, beta; title: Bringing it all together; title: Quiz; title: 14: Weighted average cost of capital:; title: WACC formula; title: Calculating the component cost of equity, RE; title: Calculating the component cost of preferred stock, RP; title: Calculating the before-tax cost of debt, RD; title: Calculating the WACC; title: Note on nominal versus effective rates; title: Quiz; title: Part 5: Advanced Topics In Corporate Finance:; title: 15: Estimating future cash flows:; title: Sample project; title: Calculating total cash flow: the formula; title: Guiding principles for calculating total cash flow; title: Calculating depreciation; title: Operating Cash Flow (OCF); title: Net capital spending; title: Changes in NWC; title: Bringing it all together: total cash flow; title: Quiz; title: 16: Scenario analysis and sensitivity analysis:; title: Sample project; title: Scenario analysis; title: Sensitivity analysis; title: When to use which; title: Quiz; title: 17: Option valuation:; title: Options: the basics; title: Values of options at expiration; title: Valuing a call option before expiration: the binomial option pricing model; title: Valuing a call option before expiration: the Black-Scholes option pricing model; title: Put-call parity; title: Quiz; title: Final exam; title: Answers to quizzes and final exam; title: Appendix A: Depreciation charts; title: Appendix B: Values for the standard normal cumulative distribution function; title: Index.