PART Ⅰ General Finance Concepts 3
1 An Overview of Finance 3
2 Financial Assets(Instruments) 17
3 Financial Markets and the Investment Banking Process 59
4 Financial Intermediaries and the Banking System 89
5 The Cost of Money(Interest Rates) 121
PART Ⅱ General Business Concepts 147
6 Business Organizations and the Tax Environment 147
Appendix 6A:2002 Tax Rate Schedules 184
7 Analysis of Financial Statements 187
8 Financial Planning and Control 233
Appendix 8A:Projected Financial Statements-Including Financial Feedbacks 278
PART Ⅲ Fundamentals of Valuation 283
9 The Time Value of Money 283
Appendix 9A:Using Interest Tables to Solve Time Value of Money Problems 333
Appendix 9B:Computing the Present Value of an Uneven Cash Flow Stream Using a Financial Calculator 336
Appendix 9C:Generating an Amortization Schedule for a Loan Using a Financial Calculator 337
10 Valuation Concepts 339
11 Risk and Rates of Return 383
Appendix 11A:Calculating Beta Coefficients 428
PART Ⅳ Corporate Decision Making 433
12 The Cost of Capital 433
13 Capital Budgeting 473
Appendix 13A:Depreciation 522
14 Capital Structure and Dividend Policy Decisions 525
15 Working Capital Management 573
PART Ⅴ Investor Decision Making 623
16 Investment Concepts 623
17 Security Valuation and Selection 667