· Categorises and analyses the main sources of finance, with discussions on raising equity and the bond markets · Examines strategic financial decision-making, with chapters on: investment appraisal, including an intuitive discussion on real options; financial forecasting and planning; and the cost of capital and capital structure · In the context of recent turmoil in financial markets, a theoretical discussion on money markets and interest rates and the yield curve is provided
· Incorporates an overview of the key paradigms in finance
· An entirely new section on ‘special topics’ includes an examination of derivatives and a discussion on international financial management
· Suitable for third level and professional accountancy students taking finance as a major subject and for those studying finance as part of a non-finance course
· Each chapter contains the following:
– a set of learning objectives – a comprehensive executive summary – newspaper vignettes introducing students to real-life situations – end of chapter questions (including general reviews and concept questions) and computational and mathematical problems Accompanied by an expanded lecturers’ and students’ website containing: more challenging questions; PowerPoint presentation material; new multiple choice questions; study tips; and extensive web links
A completely restructured and expanded edition of this popular text, which examines the fundamental principles of financial management
