Jonathan Berk, Stanford University, is the A.P. Giannini Professor of Finance at the Graduate School of Business, Stanford University and is a Research Associate at the National Bureau of Economic Research. Prior to earning his PhD, he worked as an Associate at Goldman Sachs (where his education in finance really began). Professor Berk’s research interests in finance include corporate valuation, capital structure, mutual funds, asset pricing, experimental economics, and labor economics.

Peter DeMarzo, Stanford University, is the Mizuho Financial Group Professor of Finance and former Senior Associate Dean for Academic Affairs at the Stanford Graduate School of Business. He is also a Research Associate at the National Bureau of Economic Research. He currently teaches MBA and PhD courses in corporate finance and financial modeling. In addition to his experience at the Stanford Graduate School of Business, Professor DeMarzo has taught at the Haas School of Business and the Kellogg Graduate School of Management, and he was a National Fellow at the Hoover Institution.

Jarrad Harford, University of Washington, is the Marion B. Ingersoll Professor of Finance at the University of Washington. Prior to Washington, Professor Harford taught at the Lundquist College of Business at the University of Oregon. He received his PhD in Finance with a minor in Organizations and Markets from the University of Rochester. Harford has taught the core undergraduate finance course, Business Finance, for over sixteen years, as well as an elective in mergers and acquisitions, and “Finance for Non-financial Executives” in the executive education program.

PART 1: Introduction

1. Corporate Finance and the Financial Manager

2. Introduction to Financial Statement Analysis

PART 2: Interest Rates and Valuing Cash Flows

3. Time Value of Money: An Introduction

4. Time Value of Money: Valuing Cash Flow Streams

5. Interest Rates

6. Bonds

7. Stock Valuation

PART 3: Valuation and the Firm

8. Investment Decision Rules

9. Fundamentals of Capital Budgeting

10. Stock Valuation: A Second Look

PART 4: Risk and Return

11. Risk and Return in Capital Markets

12. Systematic Risk and the Equity Risk Premium

13. The Cost of Capital

PART 5: Long-Term Financing

14. Raising Equity Capital

15. Debt Financing

PART 6: Capital Structure and Payout Policy

16. Capital Structure

17. Payout Policy

PART 7: Financial Planning and Forecasting

18. Financial Modeling and Pro Forma Analysis

19. Working Capital Management

20. Short-Term Financial Planning

PART 8: Special Topics

21. Option Applications and Corporate Finance

22. Mergers and Acquisitions

23. International Corporate Finance

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.