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Overview

NOTE: Before purchasing, check with your instructor to ensure you select the correct ISBN. Several versions of the MyLab™and Mastering™ platforms exist for each title, and registrations are not transferable. To register for and use MyLab or Mastering, you may also need a Course ID, which your instructor will provide.

 

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For MBA/graduate students taking a course in corporate finance.

This ISBN is for the MyLab access card. Pearson eText is included.

 

An emphasis on modern theory blended with practice elevates students’ financial decision making

Using the valuation framework based on the Law of One Price, top researchers Jonathan Berk and Peter DeMarzo have set the new canon for corporate finance textbooks. Corporate Finance, 5th Edition blends coverage of time-tested principles and the latest advancements with the practical perspective of the financial manager. Students have the opportunity to “practice finance to learn finance” by solving quantitative business problems like those faced by today’s professionals. With built-in resources to help students master the core concepts, students develop the tools they need to make sound financial decisions in their careers.

 

For a streamlined book specifically tailored to the topics covered in the first one-semester course, Corporate Finance: The Core, 5th Edition is also available by Jonathan Berk and Peter DeMarzo.

 

Personalize learning with MyLab Finance

By combining trusted author content with digital tools and a flexible platform, MyLab personalizes the learning experience and improves results for each student. Auto-graded Excel Projects and critical-thinking exercises help foster real-world skills.

Table of contents

PART 1: INTRODUCTION

1. The Corporation and Financial Markets

2. Introduction to Financial Statement Analysis

3. Financial Decision Making and the Law of One Price

 

PART II: TIME, MONEY, AND INTEREST RATES

4. The Time Value of Money

5. Interest Rates

6. Valuing Bonds

 

PART III: VALUING PROJECTS AND FIRMS

7. Investment Decision Rules

8. Fundamentals of Capital Budgeting

9. Valuing Stocks

 

PART IV: RISK AND RETURN

10. Capital Markets and the Pricing of Risk

11. Optimal Portfolio Choice and the Capital Asset Pricing Model

12. Estimating the Cost of Capital

13. Investor Behavior and Capital Market Efficiency

 

PART V: CAPITAL STRUCTURE

14. Capital Structure in a Perfect Market

15. Debt and Taxes

16. Financial Distress, Managerial Incentives, and Information

17. Payout Policy

 

PART VI: ADVANCED VALUATION

18. Capital Budgeting and Valuation with Leverage

19. Valuation and Financial Modeling: A Case Study

 

PART VII: OPTIONS

20. Financial Options

21. Option Valuation

22. Real Options

 

PART VIII: LONG-TERM FINANCING

23. Raising Equity Capital

24. Debt Financing

25. Leasing

 

PART IX: SHORT-TERM FINANCING

26. Working Capital Management

27. Short-Term Financial Planning

 

PART X: SPECIAL TOPICS

28. Mergers and Acquisitions

29. Corporate Governance

30. Risk Management

31. International Corporate Finance

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