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Principles of Managerial Finance
PART 1 INTRODUCTION to MANAGERIAL FINANCE 1
1.1 Overview of Managerial Finance 2
1.2 Institutions, Securities, Markets, and Rates 30
1.3 Financial statements, Taxes, Depreciation, and
Cash Flow 76
1.4 Financial Statement Analysis 124
PART 2 IMPORTANT FINANCIAL CONCEPTS 175
2.5 Time Value of Money 176
2.6 Risk and Return 236
2.7 Bond and Stock Valuation 284
PART 3 LONG TERM INVESTMENT DECISIONS 331
3.8 Capital Budgeting and Cash Flow Principles 332
3.9 Capital Budgeting Techniques 374
3.10 Risk & Refinements in Capital Budgeting 406
PART 4 LONG TERM FINANCIAL DECISIONS 447
4.11 The Cost of Capital 448
4.12 Leverage and Capital Structure 488
4.13 Dividend Policy 540
PART 5 SHORT TERM FINANCIAL DECISIONS 577
5.14 Financial Planning 578
5.15 Working Capital and Short Term Financing 614
5.16 Cash and Marketable Securities 660
5.17 Accounts Receivable and Inventory 698
PART 6 SPECIAL TOOPICS in MANAGERIAL FINANCE 739
6.18 Hybrid and Derivative Securities 740
6.19 Mergers, LBOs, Divestitures, and Business
Failures, and Business Failure 778
6.20 International Managerial Finance 822
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