Preface, Introduction, Why Finance Matters, Value, The Concept of Net Present Value, How to Calculate Present Values, Present Value of Bonds and Stocks, Making Investment Decisions with the Net Present Value Rule, Risk, Risk and Return, Capital Budgeting and the Capital Asset Pricing Model, Practical Problems in Capital Budgeting, Where Positive Net Present Values Come From, Financing Decisions and Market Efficiency, Corporate Financing and the Six Lessons of Market Efficiency, Dividend Policy and Capital Structure, The Dividend Controversy, Options, Debt Financing, Financial Planning, Sort-Term Financial Decisions, Mergers and International Finance and Pensions, Conclusions.

Preface, Introduction, Why Finance Matters, Value, The Concept of Net Present Value, How to Calculate Present Values, Present Value of Bonds and Stocks, Making Investment Decisions with the Net Present Value Rule, Risk, Risk and Return, Capital Budgeting and the Capital Asset Pricing Model, Practical Problems in Capital Budgeting, Where Positive Net Present Values Come From, Financing Decisions and Market Efficiency, Corporate Financing and the Six Lessons of Market Efficiency, Dividend Policy and Capital Structure, The Dividend Controversy, Options, Debt Financing, Financial Planning, Sort-Term Financial Decisions, Mergers and International Finance and Pensions, Conclusions.