Description
McGraw Hill Corporate Finance 2021 Edition by Ross
Corporate Finance is a classic text that emphasizes the modern fundamentals of the theory of finance, while providing contemporary examples to make the theory come to life. The authors aim to present corporate finance as the working of a small number of integrated and powerful intuitions, rather than a collection of unrelated topics. They develop the central concepts of modern finance: arbitrage, net present value, efficient markets, agency theory, options, and the trade-off between risk and return, and use them to explain corporate finance with a balance of theory and application. This Twelfth Edition includes many exciting new research findings as well as the incorporation of the Tax Cuts and Jobs Act (TCJA) throughout the text. A comprehensive adaptation provides corresponding examples and new mini-cases in the Indian contexKEY FEATURES• Completely revamped edition with updated text on subject matter • Incorporation of Tax Cuts and Jobs Act (TCJA) throughout the text• In-depth coverage on Inversions, Negative interest rates, NYSE market operations, Direct listings and cryptocurrency initial coin offerings, Brexit Repatriation, Changes in lease accounting, etc.• Thoroughly revised portions on cases, examples, and regulatory framework in Indian context• Rich and innovative pedagogy, including unique features like, ExcelMaster, In Their Own Words, Spreadsheet Applications, etc. Table of Contents : - Part I : OVERVIEW 1. Introduction to Corporate Finance 2. Financial Statements and Cash Flow (available online) 3. Financial Statements Analysis and Financial Models (available online) Part II : VALUATION AND CAPITAL BUDGETING 4. Discounted Cash Flow Valuation 5. Net Present Value and Other Investment Rules 6. Making Capital Investment Decisions7. Risk Analysis, Real Options, and Capital Budgeting 8. Interest Rates and Bond Valuation 9. Stock Valuation Part III : RISK 10. Lessons from Market History 11. Return, Risk, and the Capital Asset Pricing Model12. An Alternative View of Risk and Return 13. Risk, Cost of Capital, and Valuation Part IV : CAPITAL STRUCTURE AND DIVIDEND POLICY 14. Efficient Capital Markets and Behavioral Challenges 15. Long-Term Financing 16. Capital Structure17. Capital Structure 18. Valuation and Capital Budgeting for the Levered Firm 19. Dividends and Other Payouts Part V : LONG-TERM FINANCING 20. Raising Capital 21. Leasing (available online) Part VI : OPTIONS, FUTURES, AND CORPORATE FINANCE (available online) 22. Options and Corporate Finance 23. Options and Corporate Finance: Extensions and Applications 24. Warrants and Convertibles 25. Derivatives and Hedging Risk Part VII : SHORT-TERM FINANCE 26. Short-Term Finance and Planning 27. Cash Management 28. Credit and Inventory Management Part VIII : SPECIAL TOPICS 29. Mergers, Acquisitions, and Divestitures (available online) 30. Financial Distress 31. International Corporate Finance AVAILABLE ONLINE Appendix A: Mathematical Tables Appendix B: Solutions to Selected End-of-Chapter Problems Appendix C: Using the HP 10B and TI BA II Plus Financial Calculators Glossary Name Index Subject Index.