ABSTRACT

Fully updated and revised by international authorities on the topic, this new version of a classic and established text returns to its roots as a clear and concise introduction to this complex but essential topic in corporate finance.

Retaining the authority and reputation of previous editions, it now covers several topics in-depth which are frequently under explored, including distribution policy and capital budgeting.

Features new to this edition include:

  • a new chapter on real options
  • new material on uncertainty in decision-making.

Easily understandable, and covering the essentials of capital budgeting, this book helps readers to make intelligent capital budgeting decisions for corporations of every type.

chapter |31 pages

The Time Value of Money

chapter |28 pages

Investing in Current Assets

chapter |13 pages

Foreign Investments

chapter |32 pages

Cases