Principles Of Corporate Finance
14th Edition By Richard Brealey, Stewart Myers,
ALL Chapters (1 - 34)
, TABLE OF CONTENTS
Y Y
ChapterY1:YIntroductionYtoYCorporateYFinance
ChapterY2:YHowYtoYCalculateYPresentYValues
ChapterY3:YValuingYBonds
ChapterY4:YValuingYStocks
ChapterY5:YNetYPresentYValueYandYOtherYInvestmentYCriteria
ChapterY6:YMakingYInvestmentYDecisionsYwithYtheYNetYPresentYValueYRuleY
ChapterY7:YIntroductionYtoYRisk,YDiversification,YandYPortfolioYSelection
ChapterY8:YTheYCapitalYAssetYPricingYModel
ChapterY9:YRiskYandYtheYCostYofYCapital
ChapterY10:YProjectYAnalysis
ChapterY11:YHowYtoYEnsureYThatYProjectsYTrulyYHaveYPositiveNPVsY
ChapterY12:YEfficientYMarketsYandYBehavioralYFinance
ChapterY13:YAnYOverviewYofYCorporateYFinancing
ChapterY14:YHowYCorporationsYIssueYSecuritiesY
ChapterY15:YPayoutYPolicy
ChapterY16:YDoesYDebtYPolicyYMatter?
ChapterY17:YHowYMuchYShouldYaYCorporationYBorrow?
ChapterY18:YFinancingYandYValuationY
ChapterY19:YAgencyYProblemsYandYCorporateYGovernance
ChapterY20:YStakeholderYCapitalismYandYResponsibleYBusinessY
ChapterY21:YUnderstandingYOptions
ChapterY22:YValuingYOptions
ChapterY23:YRealYOptionsY
ChapterY24:YCreditYRiskYandYtheYValueYofYCorporateYDebt
ChapterY25:YTheYManyYDifferentYKindsYofYDebt
ChapterY26:YLeasing
ChapterY27:YManagingYRisk
ChapterY28:YInternationalYFinancialYManagementY
ChapterY29:YFinancialYAnalysis
ChapterY30:YFinancialYPlanning
ChapterY31:YWorkingYCapitalYManagement
ChapterY32:YMergers
ChapterY33:YCorporateYRestructuringY
,ChapterY34:YConclusion:YWhatYWeYDoYandYDoYNotYKnowYaboutYFinance
CHAPTERY1
IntroductionYtoYCorporateYFinance
TheYvaluesYshownYinYtheYsolutionsYmayYbeYroundedYforYdisplayYpurposes.YHowever,YtheYanswersYwereYderive
dYusingYaYspreadsheetYwithoutYanyYintermediateYrounding.
AnswersYtoYProblemYSets
1. a. real
b. executiveYairplanes
c. brandYnames
d. financial
e. bonds
*f. investmentYorYcapitalYexpenditure
*g. capitalYbudgetingYorYinvestment
h. financing
*NoteYthatYfYandYgYareYinterchangeableYinYtheYquestion.
EstYtime:Y01-05
2. AYtrademark,YaYfactory,YundevelopedYland,YandYyourYworkYforceY(c,Yd,Ye,YandYg)YareYallYrealYassets.YR
ealYassetsYareYidentifiableYasYitemsYwithYintrinsicYvalue.YTheYothersYinYtheYlistYareYfinancialYassets,Ytha
tYis,YtheseYassetsYderiveYvalueYbecauseYofYaYcontractualYclaim.
EstYtime:Y01-05
3. a.
FinancialYassets,YsuchYasYstocksYorYbankYloans,YareYclaimsYheldYbyY investors.YCorp
orationsYsellYfinancialYassetsYtoYraiseYtheYcashYtoYinvestYinYrealYassetsYsuchYasYplantYandYe
quipment.YSomeYrealYassetsYareYintangible.
b. CapitalYexpenditureYmeansYinvestmentYinYrealYassets.YFinancingYmeansYraisingYtheY cashYf
orYthisYinvestment.
, c. TheYsharesYofYpublicYcorporationsYareYtradedYonYstockYexchangesYandYcanYbeYpurchasedYb
yYaYwideYrangeYofYinvestors.YTheYsharesYofYcloselyYheldYcorporationsYareYnotY publiclyYtrade
dYandYareY heldYbyYaYsmallYgroupYofYprivateYinvestors.
d. UnlimitedYliability:YInvestorsYareYresponsibleYforYallYtheYfirm‘sYdebts.YAYsoleYproprietorYhasYu
nlimitedYliability.YInvestorsYinYcorporationsYhaveYlimitedYliability.YTheyYcanYloseYtheirYinvest
ment,YbutYnoYmore.
EstYtime:Y01-05