Includes index.

Part 1: Overview of corporate finance. Introduction to corporate finance ; Financial statements, taxes, and cash flow -- Part 2: Financial statements and long-term financial planning. Working with financial statements ; Long-term financial planning and growth -- Part 3: Valuation of future cash flows. Introduction to valuation : the time value of money ; Discounted cash flow valuation ; Interest rates and bond valuation ; Stock valuation -- Part 4: Capital budgeting ; Net present value and other investment criteria ; Making capital investment decisions ; Project analysis and evaluation -- Part 5: Risk and return. Some lessons from capital market history ; Return, risk, and the security market line -- Part 6: Cost of capital and long-term financial policy. Cost of capital ; Raising capital ; Financial leverage and capital structure policy ; Dividends and payout policy -- Part 7: Short-term financial planning and management. Short-term finance and planning ; Cash and liquidity management ; Credit and inventory management -- Part 8: Topics in corporate finance. International corporate finance.