Introduction to Financial Concepts 1
Note on the Financial Perspective：What Should Entrepreneurs Know? 1
Short-term Financial Management 23
Note on Bank Loans 23
Long-term Financial Management 41
Note on Financial Programming Over Long Horizons 41
Investment Management 53
Introduction to Portfolio Theory 53
Basic Capital Investment Analysis 61
Risk Management 67
Introduction to Derivative Instruments 67
Valuation 93
What s It Worth?A General Manager s Guide to Valuation 93
Diversification,the Capital Asset Pricing Model,and the Cost of Equity Capital 107
Special Topics 121
The Foreign Exchange Market:Background Note and Problem Set 121
A Note on Mergers and Acquisitions and valuation 135
Appendix 151
For Further Reading 159