Principles of Finance - Hardcover

Besley, Scott; Brigham, Eugene F.

3.71

7 ratings by Goodreads

Hardcover

ISBN 10: 1111527369 ISBN 13: 9781111527365

Publisher: South-Western College Pub, 2011

View all copies of this ISBN edition:

Develop the strong foundation in contemporary finance needed for success with PRINCIPLES OF FINANCE, 5E by leading authors Besley and Brigham. This practical book addresses today's most relevant financial concepts as readers examine current financial markets and institutions, investments, and managerial finance. This edition is more practical than ever before with revised presentations that further clarify time value of money and other complex concepts. When relevant, this edition discusses the impact of the 2007-2009 financial market meltdown on finance today and connects topics to reader's personal finance decisions. Reader clearly see how concepts influence both immediate and long-term common financial decisions and increase their proficiency in using spreadsheets for financial decisions and financial problem solving.

"synopsis" may belong to another edition of this title.

About the Author:

Dr. Scott Besley is Associate Professor and Chair of the Department of Finance at the University of South Florida. He earned his DBA and MBA degrees from Florida State University. A well-respected author and instructor, Dr. Besley has published numerous research articles in various academic journals and has co-authored two of the leading textbooks in corporate finance that are used at universities around the world. His research interests include areas of corporate finance, working capital management, governance, and investment anomalies. A frequently requested presenter at professional conferences, Dr. Besley is actively involved in numerous finance and professional organizations. When he is not teaching or pursuing research interests, he is heavily involved in his local community.

Dr. Eugene F. Brigham is Graduate Research Professor Emeritus at the University of Florida, where he has taught since 1971. Dr. Brigham received his MBA and Ph.D. from the University of California-Berkeley and his undergraduate degree from the University of North Carolina. Prior to joining the University of Florida, Dr. Brigham held teaching positions at the University of Connecticut, the University of Wisconsin and the University of California, Los Angeles. A former president of the Financial Management Association, Dr. Brigham has written many journal articles on the cost of capital, capital structure and other aspects of financial management. He has authored or co-authored 10 textbooks on managerial finance and managerial economics that are used at more than 1,000 universities in the United States and have been translated into 11 languages worldwide. He has testified as an expert witness in numerous electric, gas and telephone rate cases at both federal and state levels. He has served as a consultant to many corporations and government agencies, including the Federal Reserve Board, the Federal Home Loan Bank Board, the U.S. Office of Telecommunications Policy and the RAND Corp. Dr. Brigham continues to teach, consult and complete research in addition to his academic writing. He spends his spare time golfing, enjoying time with his family and dogs and tackling outdoor adventure activities, such as biking through Alaska.

Review:

Part I: GENERAL FINANCE CONCEPTS. 1 An Overview of Finance. 2 Financial Assets (Instruments). 3 Financial Markets and the Investment Banking Process. 4 Financial Intermediaries and the Banking System. 5 The Cost of Money (Interest Rates). Part II: GENERAL BUSINESS CONCEPTS. 6 Business Organizations and the Tax Environment. Appendix 6A: 2011 Tax Rate Schedule. 7 Analysis of Financial Statements. 8 Financial Planning and Control. Appendix 8A: Projected Financial Statements--Including Financing Feedbacks. Part III: FUNDAMENTALS OF VALUation. 9 The Time Value of Money. Appendix 9A: Generating an Amortization Schedule--Financial Calculator Solution and Spreadsheet Solution. 10 Valuation Concepts. 11 Risk and Rates of Return. Part IV:CORPORATE DECISION MAKING. 12 The Cost of Capital. 13 Capital Budgeting. Appendix 13A: Depreciation. Appendix 13B: Using a Spreadsheet to Compute NPV and IRR. 14 Capital Structure and Dividend Policy Decisions. 15 Working Capital Management. Part V: INVESTOR DECISION MAKING. 16 Investment Concepts. 17 Security Valuation and Selection. Appendix A Using Spreadsheets to Solve Financial Problems. Appendix B Solutions to Self-Test Problems. Appendix C Answers to End-of-Chapter Problems. Appendix D Selected Equations.

"About this title" may belong to another edition of this title.