Corporate finance: the core

Description

Berk and DeMarzo'sCorporate Financeuses a unifying valuation framework, the Law Of One Price, to present the core content instructors expect, the new ideas they want, and the pedagogy their students need to succeed.Corporate Finance: The Corefits programs and individual professors who desire a streamlined book that is specifically tailored to the topics covered in the first one-semester course. For programs and professors who would like to use a text in a two semester, or more, sequence, please seeCorporate Finance, the 31-chapter book also by Jonathan Berk and Peter DeMarzo.KEY TOPICS:The Corporation; Introduction to Financial Statement Analysis; Financial Decision Making and the Law of One Price; The Time Value of Money; Interest Rates; Valuing Bonds; Investment Decision Rules; Fundamentals of Capital Budgeting; Valuing Stocks; Capital Markets and the Pricing of Risk; Optimal Portfolio Choice and the Capital Asset Pricing Model; Estimating the Cost of Capital; Investor Behavior and Capital Market Efficiency; Capital Structure in a Perfect Market; Debt and Taxes; Financial Distress, Managerial Incentives, and Information; Payout Policy; Capital Budgeting and Valuation with Leverage; Valuation and Financial Modeling: A Case StudyMARKET:Directed primarily toward MBA/graduate students, this text also provides practical content to current and aspiring finance professionals.