Fundamentals of Corporate Finance, 3rd Canadian Edition, By Jonathan Berk, Peter DeMarzo, Jarrod Harford, David Stangeland, Andras Marosi (Test Bank )

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Fundamentals of Corporate Finance presents finance as one unified whole based on two simple, powerful ideas: (1) valuation drives decision making—the firm should take projects for which the value of... the benefits exceeds the value of the costs—and (2) in a competitive market, market prices (rather than individual preferences) determine values. The authors combine these two ideas with the Valuation Principle, and from it we establish all the key ideas in corporate finance. Corporate Finance and the Financial Manager Introduction to Financial Statement Analysis The Valuation Principle: The Foundation of Financial Decision Making The Time Value of Money Interest Rates Bonds Valuing Stocks Investment Decision Rules Fundamentals of Capital Budgeting Risk and Return in Capital Markets Systematic Risk and the Equity Risk Premium Determining the Cost of Capital Risk and the Pricing of Options Raising Equity Capital Debt Financing Capital Structure Payout Policy Financial Modeling and Pro Forma Analysis Working Capital Management Short-Term Financial Planning Risk Management International Corporate Finance Leasing Mergers and Acquisitions Corporate Governance [Show More]

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