Foundations of Finance, 8th Edition

Directed primarily toward undergraduate finance majors, this text also provides practical content to current and aspiring industry professionals.

Foundations of Finance enables readers to see the big picture by helping them understand the logic that drives finance rather than having them memorize formulas.

Table of Contents

PART 1 The Scope and Environment of Financial Management
Chapter 1 An Introduction to the Foundations of Financial Management
Chapter 2 The Financial Markets and Interest Rates
Chapter 3 Understanding Financial Statements and Cash Flows
Chapter 4 Evaluating a Firm’s Financial Performance

PART 2 The Valuation of Financial Assets
Chapter 5 The Time Value of Money
Chapter 6 The Meaning and Measurement of Risk and Return
Chapter 7 The Valuation and Characteristics of Bonds
Chapter 8 The Valuation and Characteristics of Stock
Chapter 9 The Cost of Capital

PART 3 Investment in Long-Term Assets
Chapter 10 Capital-Budgeting Techniques and Practice
Chapter 11 Cash Flows and Other Topics in Capital Budgeting

PART 4 Capital Structure and Dividend Policy
Chapter 12 Determining the Financing Mix
Chapter 13 Dividend Policy and Internal Financing

PART 5 Working-Capital Management and International Business Finance
Chapter 14 Short-Term Financial Planning
Chapter 15 Working-Capital Management
Chapter 16 International Business Finance