New Finance in Practice boxes highlight important finance concepts in real world situations across the globe. Topics include how Goldman Sachs helped mask Greeces debt, Russias economic growth, the IPO of the largest bank in China, Telefonica cutting its dividend and Japan Airlines filing for bankruptcy.



　　Revised end-of-chapter material includes brand new global questions that feature currencies, companies and scenarios from Europe, Middle East, Africa and Asia to increase engagement for international students.



　　Global Edition of Connect Plus Finance, McGraw-Hills web-based assignment and assessment platform with eBook access, which helps students learn faster, study more efficiently, and retain more knowledge.

PART I: VALUE

Ch 1 Goals and Governance of the Firm

Ch 2 How to Calculate Present Values

Ch 3 Valuing Bonds

Ch 4 The Value of Common Stocks

Ch 5 Net Present Value and Other Investment Criteria

Ch 6 Making Investment Decisions with the Net Present Value Rule



PART II: RISK

Ch 7 Introduction to Risk and Return

Ch 8 Portfolio Theory and the Capital Asset Pricing Model

Ch 9 Risk and the Cost of Capital



PART III: BEST PRACTICES IN CAPITAL BUDGETING

Ch10 Project Analysis

Ch11 Investment, Strategy, and Economic Rents

Ch12 Agency Problems, Compensation, and Performance Measurement



PART IV: FINANCING DECISIONS AND MARKET EFFICIENCY

Ch13 Efficient Markets and Behavioral Finance

Ch14 An Overview of Corporate Financing

Ch15 How Corporations Issue Securities



PART V: PAYOUT POLICY AND CAPITAL STRUCTURE

CH16 Payout Policy

Ch17 Does Debt Policy Matter?

Ch18 How Much Should a Firm Borrow?

Ch19 Financing and Valuation



PART VI: OPTIONS

Ch20 Understanding Options

Ch21 Valuing Options

Ch22 Real Options



PART VII: DEBT FINANCING

Ch23 Credit Risk and the Value of Corporate Debt

Ch24 The Many Different Kinds of Debt

Ch25 Leasing



PART VIII: RISK MANAGEMENT

Ch 26 Managing Risk

Ch 27 Managing International Risks



PART IX: FINANCIAL PLANNING AND WORKING CAPITAL MANAGEMENT

Ch 28 Financial Analysis

Ch 29 Financial Planning

Ch 30 Working Capital Management



PART X: MERGERS,CORPORATE CONTROL,AND GOVERNANCE

Ch 31 Mergers

Ch 32 Corporate Restructuring

Ch 33 Governance and Corporate Control Around the World



PART XI: CONCLUSION

Ch 34 Conclusion: What We Do and Do Not Know About Finance