The tenth edition by Steve Lumby and Chris Jones provides a comprehensive insight into the complex and ever-changing area of corporate finance. Covering some of the common financial decisions that face companies including investment, financing, the dividend decision and the management of risk, this text enables students to reflect on how these types of decisions are made. The strong theoretical approach that underpins the text is enhanced with a range of real world examples which help to put the financial models and frameworks into context. Packed with diverse examples and problems, Corporate Finance provides a broad introduction to the subject in an accessible yet rigorous style.
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Part I: Introduction 1. Financial Decision Making 2. Decision Objectives Part II: Investment Decisions 3. Traditional Methods of Investment Appraisal 4. Investment–Consumption Decision Model 5. The Discounted Cash Flow Approach 6. Net Present Value and Internal Rate of Return 7. Project Cash Flows 8. Capital Rationing Part III: Risk Analysis 9. Simple Risk Techniques 10. Risk and Return 11. Portfolio Theory 12. The Capital Asset Pricing Model 13. Option Valuation 14. Interest Rate Risk Part IV: Financing Decisions 15. Financial Markets 16. The Cost of Capital 17. Weighted Average Cost of Capital 18. Capital Structure in a Simple World 19. Capital Structure in a Complex World 20. Investment and Financing Interactions 21. The Dividend Decision Part V: International Issues 22. Foreign Exchange 23. Foreign Exchange Hedging 24. Foreign Direct Investment
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Product details

ISBN
9781473758384
Published
2019-01-14
Edition
10. edition
Publisher
Cengage Learning EMEA; Cengage Learning EMEA
Weight
1030 gr
Height
20 mm
Width
190 mm
Thickness
246 mm
Age
U, 05
Language
Product language
Engelsk
Format
Product format
Heftet
Number of pages
647

Biographical note

Formerly Managing Director of the London College of Accountancy. Steve Lumby is a financial consultant and Module Leader in strategic financial management for the University of London’s Masters in Professional Accountancy qualification. Chris Jones was formerly Principal Lecturer in Accounting and Finance at Sheffield Hallam University. Chris Jones has lectured in accounting and finance for over 30 years since leaving Arthur Young. He has now retired from his position as Principal Lecturer in Accounting and Finance at Sheffield Hallam University.