Table of Contents Part I: Introduction 1 The Corporation 2 Introduction to Financial Statement Analysis Part II: Tools 3 Arbitrage and Financial Decision Making 4 The Time Value of Money 5 Interest Rates Part III: Basic Valuation 6 Investment Decision Rules 7 Fundamentals of Capital Budgeting 8 Valuing Bonds 9 Valuing Stocks Part IV: Risk and Return 10 Capital Markets and the Pricing of Risk 11 Optimal Portfolio Choice and the Capital Asset Pricing Model 12 Estimating the Cost of Capital 13 Investor Behavior and Capital Market Efficiency Part V: Capital Structure 14 Capital Structure in a Perfect Market 15 Debt and Taxes 16 Financial Distress, Managerial Incentives, and Information 17 Payout Policy Part VI: Valuation 18 Capital Budgeting and Valuation with Leverage 19 Valuation and Financial Modeling: A Case Study Part VII: Options 20 Financial Options 21 Option Valuation 22 Real Options Part VIII: Long-Term Financing 23 The Mechanics of Raising Equity Capital 24 Debt Financing 25 Leasing Part IX: Short-Term Financing 26 Working Capital Management 27 Short-Term Financial Planning Part X: Special Topics 28 Mergers and Acquisitions 29 Corporate Governance 30 Risk Management 31 International Corporate Finance