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Understand the financial markets and corporate financial management with Brigham/Houston's FUNDAMENTALS OF FINANCIAL MANAGEMENT, 17th Edition. The text's contemporary perspective and innovative learning tools propel you towards success. Examine the impact of changing technology, including the rise of AI and Fintech, and explore the debate around the social responsibility of business. Learn about changes in the corporate tax code, the effects of rising inflation and other issues. With clear explanations, real-world examples and hands-on exercises, you'll understand corporate budgeting, financing, capital decision making, forecasting, valuation and Time Value of Money concepts. The MindTap digital platform features activities, cases, Excel® spreadsheet models and learning modules to apply your knowledge in practical scenarios. Excel in the world of finance with this indispensable resource.
Contents
PART I: INTRODUCTION TO FINANCIAL MANAGEMENT.
1. An Overview of Financial Management.
2. Financial Markets and Institutions.
PART II: FUNDAMENTAL CONCEPTS IN FINANCIAL MANAGEMENT.
3. Financial Statements, Cash Flow, and Taxes.
4. Analysis of Financial Statements.
5. Time Value of Money.
PART III: FINANCIAL ASSETS.
6. Interest Rates.
7. Bonds and Their Valuation.
8. Risk and Rates of Return.
9. Stocks and Their Valuation.
PART IV: INVESTING IN LONG-TERM ASSETS: CAPITAL BUDGETING.
10. The Cost of Capital.
11. The Basics of Capital Budgeting.
12. Cash Flow Estimation and Risk Analysis.
13. Real Options and Other Topics in Capital Budgeting.
PART V: CAPITAL STRUCTURE AND DIVIDEND POLICY.
14. Capital Structure and Leverage.
15. Distributions to Shareholders: Dividends and Share Repurchases.
PART VI: WORKING CAPITAL MANAGEMENT, FINANCIAL FORECASTING, AND MULTINATIONAL FINANCIAL MANAGEMENT.
16. Working Capital Management.
17. Financial Planning and Forecasting.
18. Multinational Financial Management.
PART VII: SPECIAL TOPICS IN FINANCIAL MANAGEMENT.
19. Derivatives and Risk Management.
20. Hybrid Financing: Preferred Stock, Leasing, Warrants, and Convertibles.
21. Mergers and Acquisitions.
22. Fintech in Financial Markets.
Appendix A: Solutions to Self-Test Questions and Problems.
Appendix B: Answers to Selected End-of-Chapter Problems.
Appendix C: Selected Equations and Tables.
Index.



