| Description |
This is the eleventh edition of the market-leading Business Finance, a highly regarded text that has now been around for 38 years. It takes a rigorous and authoritative coverage of major corporate finance topics, sitting at the highest level with regard to technical concepts. It takes a strong analytical approach and is well-suited to strong finance units where students will be continuing on to further studies in corporate finance. The Peirson brand is iconic in this market, with its respected author team including three Professors of Finance. The authors' objective for this update is to ensure that new developments in the field are incorporated whilst retaining the theoretical rigour for which the text is known. The text is suited to rigorous second-year subjects and lower third year subjects, as well as MBA-level finance nonmajors. |
| Table of Contents |
Note that this text is not divided into parts. Business Finance 11e 1. Introduction 2. Consumption, investment and the capital market 3. The time value of money: an introduction to financial mathematics 4. Applying the time value of money to security valuation Appendix 4.1: Duration and immunisation 5. Project evaluation: principles and methods 6. The application of project evaluation methods 7. Risk and return 8. The capital market 9. Sources of finance: Equity 10. Sources of finance: Debt 11. Payout policy 12. Principles of capital structure 13. Capital structure decisions 14. The cost of capital and taxation issues in project evaluation Appendix 14.1: The cost of capital under alternative tax systems 15. Leasing and other equipment finance 16. Capital market efficiency 17. Futures contracts 18. Options and contingent claims 19. Analysis of takeovers 20. International financial management 21. Management of short-term assets: inventory 22. Management of short-term assets: liquid assets and accounts receivable Appendix 22.1: Financial statement analysis Appendix A Numerical tables Appendix B Solutions to self-test problems |
