An Introduction to Institutions, Management & Investments, International Edition

Preface. Part I: FINANCIAL INSTITUTIONS. 1. An Introduction to Basic Finance. 2. The Role of Financial Markets and Financial Intermediaries. 3 .Investment Banking. 4. Securities Markets. 5. The Federal Reserve. 6. International Currency Flows. Part II: FINANCIAL TOOLS. 7. The Time Value of Money. 8. Risk and Its Measurement. 9. Analysis of Financial Statements. Part III: CORPORATE FINANCE. 10. Forms of Business and Corporate Taxation. 11. Break-Even Analysis and the Payback Period. 12. Leverage. 13. Cost of Capital. 14. Capital Budgeting. 15. Forecasting. 16. Cash Budgeting. 17. Management of Current Assets. 18. Management of Short-Term Liabilities. 19. Intermediate-Term Debt and Leasing. Part IV: INVESTMENTS. 20. The Features of Stock. 21. Stock Valuation. 22. The Features of Long-Term Debts--Bonds. 23. Bond Pricing and Yields. 24. Preferred Stock. 25. Convertible Securities. 26. Investment Returns. 27. Investment Companies. Part V: DERIVATIVES. 28. Options: Puts and Calls. 29. Futures and Swaps. Appendix A: Interest Factors for the Future Value of One Dollar. Appendix B: Interest Factors for the Present Value of One Dollar. Appendix C: Interest Factors for the Future Value of an Annuity of One Dollar. Appendix D: Interest Factors for the Present Value of an Annuity of One Dollar. Appendix E: Using Excel to Solve Financial Problems. Appendix F: Answers to Selected Problems.