The authors provide a concise, unified treatment of finance, combining theory, empirical evidence, and applications. The Theory of Finance, Introduction: Capital Markets and Consumption and Investment, Investment Decisions: The Certainty Case, More Advanced Capital Budgeting Topics, The Theory of Choice: Utility Theory Given Uncertainty, Market Equilibrium: CAPM and APT, Future Contracts and Markets, Efficient Capital Markets: Theory, Corporate Policy: Theory and Evidence and Applications, Efficient Capital Markets: Evidence, Capital Budgeting Under Uncertainty: The Multiperiod Case, Capital Structure and the Cost of Capital: Theory, Capital Structure: Empirical Evidence and Applications, Dividend Policy: Theory, The Economics of Leasing, Applied Issues in Corporate Finance, Mergers and Restructuring: Tests and Applications, Exchange Rate Systems and Parity Conditions, International Financial Management: Tests and Implications, Appendices, Author and Subject Index.