This book provides a thorough grounding in the techniques and concepts of financial decision making. Preface, Financial Objectives and Corporate Governance, Strategic Planning and the Finance Function, Traditional Methods of Investment Appraisal, The Single-Period Investment Consumption Decision Model, The Discounted Cash Flow Approach, Net Present Value and Internal Rate of Return, Project Appraisal Cash Flows, Capital Market Imperfections, Traditional Approaches to Risk, Risk and Expected Return, Portfolio Theory, The Capital Asset Pricing Model, The Valuation of Options, Interest Rate Risk Management, Market Efficiency and the Term Structure of Interest Rates, The Cost of Company Capital, The Weighted Average Cost of Capital, The Capital Structure Decision in a No-Tax World, Capital Structure in a World with Tax, The Capital Structure Decision in Practice, Investment and Financing Decision Interactions, The Dividend Decision, Foreign Exchange Markets and Rates, Foreign Exchange Risk Management, Overseas Capital Investments, Tables, Answers to Quickie Questions, Index.