Preface, Introduction, Financial Management: An Overview, The Financial Market, Discounted Cash Flow: The Basic Tool of Financial Analysis, How to Appraise a Capital Project, DCF Methods: Problems Arising in Application, Cash Flow Analysis and Market Factors that Determine the Profitability of Projects, Inflation and the Investment Decision, Risk and Return, Potfolio Theory and the Capital Asset Pricing Model, Risk-Adjusted Discount Rates for Divisions and Capital Projects, Target Setting and Perfomance Measurement for Divisions, Valuation of Companies, The Efficiency of the Stock Market, Valuation of Companies, Acquisitons and Mergers. Dividends and Taxes and Financing Decisions, Dividend Policy, Government and Corporate Debt, Valuation of Options on Common Stocks, Cost of Debt and Capital Structure, Lease Valuation, Financial Planning, Working Capital Management: Inventory, Financial Planning, International Capital Projects, Appendices, Glossary, Index.

Preface, Introduction, Financial Management: An Overview, The Financial Market, Discounted Cash Flow: The Basic Tool of Financial Analysis, How to Appraise a Capital Project, DCF Methods: Problems Arising in Application, Cash Flow Analysis and Market Factors that Determine the Profitability of Projects, Inflation and the Investment Decision, Risk and Return, Potfolio Theory and the Capital Asset Pricing Model, Risk-Adjusted Discount Rates for Divisions and Capital Projects, Target Setting and Perfomance Measurement for Divisions, Valuation of Companies, The Efficiency of the Stock Market, Valuation of Companies, Acquisitons and Mergers. Dividends and Taxes and Financing Decisions, Dividend Policy, Government and Corporate Debt, Valuation of Options on Common Stocks, Cost of Debt and Capital Structure, Lease Valuation, Financial Planning, Working Capital Management: Inventory, Financial Planning, International Capital Projects, Appendices, Glossary, Index.