Description
Corporate Finance and Investment: Decisions and Strategies 8 Edition by Richard Pike EBOOK PDF Instant Download
Table of Contents
List of figures and tables xii
Preface xiv
Guided tour xviii
Using MyFinanceLab xx
Acknowledgements xxii
Publisher’s acknowledgements xxiii
Part I A FRAMEWORK FOR FINANCIAL DECISIONS 1
1 An overview of financial management 3
2 The financial environment 23
3 Present values, and bond and share valuation 55
Part II INVESTMENT DECISIONS AND STRATEGIES 81
4 Investment appraisal methods 83
5 Project appraisal – applications 113
6 Investment strategy and process 140
Part III VALUE, RISK AND THE REQUIRED RETURN 159
7 Analysing investment risk 161
8 Relationships between investments: portfolio theory 189
9 Setting the risk premium: the Capital Asset Pricing Model 208
10 The required rate of return on investment 247
11 Enterprise value and equity value 270
12 Identifying and valuing options 303
Part IV SHORT-TERM FINANCING AND POLICIES 329
13 Risk and treasury management 331
14 Working capital and short-term asset management 359
15 Short- and medium-term finance 399
Part V STRATEGIC FINANCIAL DECISIONS 435
16 Long-term finance 437
17 Returning value to shareholders: the dividend decision 487
18 Capital structure and the required return 522
19 Does capital structure really matter? 559
20 Acquisitions and restructuring 592
Part VI INTERNATIONAL FINANCIAL MANAGEMENT 655
21 Managing currency risk 656
22 Foreign investment decisions 697
23 Key issues in modern finance: a review
Appendix A Solutions to self-assessment activities 761
Appendix B Solutions to selected questions 779
Appendix C Present value interest factor (PVIF) 811
Appendix D Present value interest factor for an annuity (PVIFA) 813
Glossary 815
References 830
Index 843
