Corporate Financial Management Glen Arnold Fourth Edition Project
Corporate Financial Management. Works in practice with Corporate Financial Management, fourth. Edition of Glen Arnold's Corporate Finanancial. Go undercover and explore how finance theory works in practice with Corporate Financial Management, fourth edition. Find out how financial. Corporate Financial Management. Corporate Financial Management 5th Edition with MyFinanceLab and eText Glen Arnold.
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New To This Edition • Up-to-date explanation on the workings of financial markets • Illustrations from recent corporate events, many of which draw on Financial Times articles • Revised discussion of beta as defined by the Capital Asset Pricing Model • An abundance of new statistics on the financial markets and instruments, ranging from mergers to the default rate on corporate bonds • Selected chapters have been fully revised and reworked to present a more streamlined version (e.g. Chapters 12, 14 and 15) • Draws on the latest evidence on the extra return investors require to invest in risky shares compared with a risk-free government bond • A cautionary discussion of EBITDA warning of the dangers of falling into the erroneous use of this measure, resulting in over-optimistic valuations • New coverage on revolving credit facilities • Extended and updated glossary • Includes references to the latest literature on the theory and practical use of finance • New Harvard Business School case studies and recommended websites.
Table of Contents Topics covered in the book Introduction to the book Guided tour Using MyFinanceLab Acknowledgements PART ONE: INTRODUCTION 1. The Financial World PART TWO: THE INVESTMENT DECISION 2. Project appraisal: net present value and internal rate of return 3. Project appraisal: cash flow and applications 4. The decision-making process for investment appraisal 5. Project appraisal: capital rationing, taxation and inflation PART THREE: RISK AND RETURN 6.