Note: this is not a text book. For free eBooks, you can access the authors who allow you to download their books for free that is, if you have an account with Issuu. Authors Arthur J. Keown, John D. Martin, and Sheridan Titman have incorporated significant revisions that weave currency, relevance, and real-world issues into the pages of this well-know finance text.
Financial Management-Sheridan Titman For undergraduate courses in corporate finance and financial management. Expose Students to the Latest Valuation Tools. End-of-Chapter Exercises, Problems and Mini-Cases help readers solidify their understanding of key concepts. In addition, he has consulted for a variety of financial institutions and corporations.
He has served on the editorial boards of the leading academic finance and real estate journals, was an editor of the Review of Financial Studies, and was the founding editor of the International Review of Finance. Professor Titman has published more than 50 articles in both academic and professional journals and a book entitled Financial Markets and Corporate Strategy.
He has received a number of awards for his research excellence and is a Fellow of the Financial Management Association and a Research Associate of the National Bureau of Economic Re-search. John Martin holds the Carr P. Over his career, he has published more than 50 articles in the leading finance journals and served in a number of editorial positions, including the coeditorship of the FMA Survey and Synthesis Series for the Oxford University Press.
We're sorry! We don't recognize your username or password. Please try again. The work is protected by local and international copyright laws and is provided solely for the use of instructors in teaching their courses and assessing student learning.
You have successfully signed out and will be required to sign back in should you need to download more resources. Description For upper-division undergraduate and MBA students as well as business professionals.
End-of-Chapter Exercises, Problems and Mini-Cases help readers solidify their understanding of key concepts. The material is practical and ranges in difficulty from introductory exercises to moderate-length case studies with multiple parts designed to delve more deeply into issues.
Lecture Capture Videos have been created for each chapter to focus on key examples. These videos are short five to ten minutes and give students a better understanding of the text examples. Spreadsheet Usage and Support aid students in solving end-of-chapter problems. We provide templates for use in solving these problems on the Web site accompanying this book at www.
To facilitate the use of Monte Carlo simulation, an access code to Crystal Ball software has been included with this text. Enrich Text Presentation with Extensions and Insights Industry Insights delve more deeply into how the tools developed in the book are used in practice. Technical Insights provide further explanations of mathematics, methodologies, and analytical tools.
Behavioral Insights focus on irrational choices and biases that affect how investment choices are made in practice. Practitioner Insights provide perspectives from a broad spectrum of professionals who use the various valuation methodologies discussed in the text.
Did you know? Stay Up-to-Date on the Newest Information in the Field Chapter 2: New discussions of relevant cash flows, calculation of free cash flows, forecasting of future free cash flows, the use of financial statements to derive cash flow estimates, and key learning points from the analysis of free cash flow and pro forma financial statements. Chapter 4: New material addressing capital structure weights, decomposition of risk and required returns, levering and unlevering beta, and geometric versus arithmetic mean.
Chapter 9: Further distinctions regarding valuing a project and firm, new Technical Insight on short versus long planning periods, and revised GRC growth strategy valuation analysis. Chapter Industry Insight on the biggest buyout deals of all time. Chapter New discussion of hedging the price of the risk of delaying the decision to invest, more complicated options and the incentive to wait to invest, hedging oil price risk, and changes in model parameters and real option values.
New to This Edition. Discussions of relevant cash flows in Chapter 2 Material addressing capital structure weights, decomposition of risk and required returns, levering and unlevering beta, and geometric versus arithmetic mean in Chapter 4.
Discussion of hedging the price of the risk of delaying the decision to invest in Chapter Table of Contents Preface Acknowledgments 1. Forecasting and Valuing Cash Flows 3. Forecasting Financial Performance 7. Relative Valuation Using Market Comparables 9.
0コメント