Corporate Finance, Fourth Edition
Corporate Finance, Fourth Edition
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Designed for use in the Corporate Finance class, increasingly important in any skills-based curriculum, Corporate Finance, Fourth Edition features a strong coverage of M&A, bankruptcy, finance, and valuation. The valuation unit covers math from a lawyer’s perspective, focusing on the intuitions behind the valuation techniques in a way that will facilitate interaction with bankers and accountants in practice. Basic Excel skills are taught along the way, and a case study is integrated in the book from beginning to end to illustrate every step of the process.
New to the Fourth Edition:
- A fully updated text, including changes to the deductibility of bond interest in the “Big Beautiful Bill”
- New or expanded coverage of leveraged buyouts and private equity funds, liability management exercises, private credit, and venture capital
Professors and students will benefit from:
- A practical, transactional approach to corporate finance
- Organization around four basic units: valuation, capital structure, mergers and acquisitions, and financial distress
- A focus on the quantitative tools on motivating and understanding the business and concepts
- Extensive references to deal documents throughout to establish a theme of the actual transactions to compare to the lines of cases describing how deals go bad
SUMMARY OF CONTENTS
Contents
Preface to the Fourth Edition
Acknowledgments
Introduction
How to Use This Book
Part I Valuation
Chapter 1 Corporate Finance, Accounting, and Cash Flows
Chapter 2 The Time Value of Money
Chapter 3 Discount Rates
Chapter 4 The Net Present Value Rule and Some Competitors
Chapter 5 Valuing Bonds
Chapter 6 Risk and Return
Chapter 7 The Capital Asset Pricing Model
Chapter 8 Capital Structure as Economic Dream
Chapter 9 Some Real-World Considerations
Chapter 10 Valuing a Firm
Part II Capital Structure
Chapter 11 Common Shares
Chapter 12 Preferred Shares
Chapter 13 Bond Indentures
Chapter 14 Bond Covenants
Chapter 15 Syndicated Loan Agreements
Chapter 16 Options and Warrants
Chapter 17 Convertibles
Chapter 18 Introduction to Derivatives
Chapter 19 Swaps
Chapter 20 Introduction to Asset Securitization
Chapter 21 CMOs, CDOs, CLOs, & Synthetics
Part III Mergers and Acquisitions
Chapter 22 Tender Offers
Chapter 23 Mergers
Chapter 24 Asset Sales
Chapter 25 Leveraged Buyouts and Private Equity
Part IV Financial Distress
Chapter 26 Exchange Offers and LMEs
Chapter 27 Prepackaged Chapter 11 Cases
Chapter 28 Introduction to Chapter 11
Chapter 29 Sell and Liquidate Reorganizations
Chapter 30 Chapter 11 Plans
Index
Product Information
Corporate Finance, Fourth Edition
Connected eBook + Paperback
Corporate Finance, Fourth Edition
Connected eBook (Digital Only)
Corporate Finance, Fourth Edition
LLPOD
Corporate Finance, Fourth Edition
Audiobook
Corporate Finance, Fourth Edition
eBook + Audiobook
Corporate Finance, Fourth Edition
eBook + Audiobook + Paperback