Corporate Finance, 10th Edition

Corporate Finance, by Ross, Westerfield, and Jaffe 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. The Tenth Edition includes many exciting new research findings as well as an enhanced Connect Finance, now with even more student learning resources.

Table of Contents

Part I Overview
Chapter 1 Introduction to Corporate Finance
Chapter 2 Financial Statements and Cash Flow
Chapter 3 Financial Statements Analysis and Financial Models

Part II Valuation and Capital Budgeting
Chapter 4 Discounted Cash Flow Valuation
Chapter 5 Net Present Value and Other Investment Rules
Chapter 6 Making Capital Investment Decisions
Chapter 7 Risk Analysis, Real Options, and Capital Budgeting
Chapter 8 Interest Rates and Bond Valuation
Chapter 9 Stock Valuation

Part III Risk
Chapter 10 Risk and Return: Lessons from Market History
Chapter 11 Return and Risk: The Capital Asset Pricing Model (CAPM)
Chapter 12 An Alternative View of Risk and Return: The Arbitrage Pricing Theory
Chapter 13 Risk, Cost of Capital, and Valuation

Part IV Capital Structure and Dividend Policy
Chapter 14 Efficient Capital Markets and Behavioral Challenges
Chapter 15 Long-Term Financing: An Introduction
Chapter 16 Capital Structure: Basic Concepts
Chapter 17 Capital Structure: Limits to the Use of Debt
Chapter 18 Valuation and Capital Budgeting for the Levered Firm
Chapter 19 Dividends and Other Payouts

Part V Long-Term Financing
Chapter 20 Raising Capital
Chapter 21 Leasing

Part VI Options, Futures, and Corporate Finance
Chapter 22 Options and Corporate Finance
Chapter 23 Options and Corporate Finance: Extensions and Applications
Chapter 24 Warrants and Convertibles
Chapter 25 Derivatives and Hedging Risk

Part VII Short-Term Finance
Chapter 26 Short-Term Finance and Planning
Chapter 27 Cash Management
Chapter 28 Credit and Inventory Management

Part VIII Special Topics
Chapter 29 Mergers, Acquisitions, and Divestitures
Chapter 30 Financial Distress
Chapter 31 International Corporate Finance

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