Capital investment and financial decisions

CAPITAL BUDGETING. The Goal of the Firm. Capital Budgeting: An Overview. The Economic Evaluation of Investment Proposals. Net Present Value Versus Internal Rate of Return. Using Cash Flows to Evaluate Investments. Traditional Measures of Investment Worth. Managing Working Capital. RISK AND UNCERTAINTY. Foundations of Risk Analysis. Measuring Risk. Applications of Risk Analysis. Decreasing Risk by Diversification: The Portfolio Approach. The Capital Asset Pricing Model and Arbitrage Pricing Theory. LONG-TERM FINANCIAL DECISIONS. Financial Leverage. Capital Structure and Valuation. Bankruptcy Risk and the Choice of Financial Structure. Defining the Cost of Capital. Measuring the Cost of Capital. Dividend Policy. Options and Futures. The Lease or Buy Decision. Mergers. International Financial Management. Appendices. Index.