Browse All Chapters of This Textbook
Chapter 1 - The CorporationChapter 1.1 - The Four Types Of FirmsChapter 1.2 - Ownership Versus Control Of CorporationsChapter 1.3 - The Stock MarketChapter 2 - Introduction To Financial Statement AnalysisChapter 2.1 - Firms' Disclosure Of Financial InformationChapter 2.2 - The Balance SheetChapter 2.3 - The Income StatementChapter 2.4 - The Statement Of Cash FlowsChapter 2.5 - Other Financial Statement Information
Chapter 2.6 - Financial Statement AnalysisChapter 2.7 - Financial Reporting In PracticeChapter 3 - Financial Decision Making And The Law Of One PriceChapter 3.1 - Valuing DecisionsChapter 3.2 - Interest Rates And The Time Value Of MoneyChapter 3.3 - Present Value And The Npv Decision RuleChapter 3.4 - Arbitrage And The Law Of One PriceChapter 3.5 - No-Arbitrage And Security PricesChapter 3.A - The Price Of RiskChapter 3.A2 - Applying The Valuation PrincipleChapter 3.A3 - Comparing Costs At Different Points In TimeChapter 4 - The Time Value Of MoneyChapter 4.1 - The TimelineChapter 4.2 - The Three Rules Of Time TravelChapter 4.3 - Valuing A Stream Of Cash FlowsChapter 4.4 - Calculating The Net Present ValueChapter 4.5 - Perpetuities And AnnuitiesChapter 4.6 - Using An Annuity Spreadsheet Or CalculatorChapter 4.7 - Non-Annual Cash FlowsChapter 4.8 - Solving For The Cash PaymentsChapter 4.9 - The Internal Rate Of ReturnChapter 4.A - Solving For The Number Of PeriodsChapter 5 - Interest RatesChapter 5.1 - Interest Rate Quotes And AdjustmentsChapter 5.2 - Application: Discount Rates And LoansChapter 5.3 - The Determinants Of Interest RatesChapter 5.4 - Risk And TaxesChapter 5.5 - The Opportunity Cost Of CapitalChapter 6 - Valuing BondsChapter 6.1 - Bond Cash Flows, Prices, And YieldsChapter 6.2 - Dynamic Behavior Of Bond PricesChapter 6.3 - The Yield Curve And Bond ArbitrageChapter 6.4 - Corporate BondsChapter 6.5 - Sovereign BondsChapter 7 - Investment Decision RulesChapter 7.1 - Npv And Stand-Alone ProjectsChapter 7.2 - The Internal Rate Of Return RuleChapter 7.3 - The Payback RuleChapter 7.4 - Choosing Between ProjectsChapter 7.5 - Project Selection With Resource ConstraintsChapter 8 - Fundamentals Of Capital BudgetingChapter 8.1 - Forecasting EarningsChapter 8.2 - Determining Free Cash Flow And NpvChapter 8.3 - Choosing Among AlternativesChapter 8.4 - Further Adjustments To Free Cash FlowChapter 8.5 - Analyzing The ProjectChapter 9 - Valuing StocksChapter 9.1 - The Dividend-Discount ModelChapter 9.2 - Applying The Dividend-Discount ModelChapter 9.3 - Total Payout And Free Cash Flow ValuationChapter 9.4 - Valuation Based On Comparable FirmsChapter 9.5 - Information, Competition, And Stock PricesChapter 10 - Capital Markets And The Pricing Of RiskChapter 10.1 - Risk And Return: Insights From 89 Years Of Investor HistoryChapter 10.2 - Common Measures Of Risk And ReturnChapter 10.3 - Historical Returns Of Stocks And BondsChapter 10.4 - The Historical Trade-Off Between Risk And ReturnChapter 10.5 - Common Versus Independent RiskChapter 10.6 - Diversification In Stock PortfoliosChapter 10.7 - Measuring Systematic RiskChapter 10.8 - Beta And The Cost Of CapitalChapter 11 - Optimal Portfolio Choice And Capital Asset Pricing ModelChapter 11.1 - The Expected Return Of A PortfolioChapter 11.2 - The Volatility Of A Two Stock PortfolioChapter 11.3 - The Volatility Of A Large PortfolioChapter 11.4 - Risk Versus return: Choosing An Efficient PortfolioChapter 11.5 - Risk-free Saving And BorrowingChapter 11.6 - The Efficient Portfolio And Required ReturnsChapter 11.7 - The Capital Asset Pricing ModelChapter 11.8 - Determining The Risk PremiumChapter 12 - Estimating The Cost Of CapitalChapter 12.1 - The Equity Cost Of CapitalChapter 12.2 - The Market PortfolioChapter 12.3 - Beta EstimationChapter 12.4 - The Debt Cost Of CapitalChapter 12.5 - A project's Cost Of CapitalChapter 12.6 - Project Risk Characteristics And FinancingChapter 12.7 - Final Thoughts On Using The CapmChapter 13 - Investor Behavior And Capital Market EfficiencyChapter 13.1 - Competition And Capital MarketsChapter 13.2 - Information And Rational ExpectationsChapter 13.3 - The Behavior Of Individual InvestorsChapter 13.4 - Systematic Trading BiasesChapter 13.5 - The Efficiency Of The Market PortfolioChapter 13.6 - Style-based Techniques And Market Efficiency DebateChapter 13.7 - Multifactor Models Of RiskChapter 13.8 - Methods Used In PracticeChapter 14 - Capital Structure In A Perfect MarketChapter 14.1 - Equity Versus Debt FinancingChapter 14.2 - Modigliani-Miller: Leverage, Arbitrage, And Firm ValueChapter 14.3 - Modigliani-Miller: Leverage, Risk, And Cost Of CapitalChapter 14.4 - Capital Structure FallaciesChapter 14.5 - MM: Beyond The PropositionsChapter 15 - Debt And TaxesChapter 15.1 - The Interest Tax DeductionChapter 15.2 - Valuing The Interest Tax ShieldChapter 15.3 - Recapitalizing To Capture The Tax ShieldChapter 15.4 - Personal TaxesChapter 15.5 - Optimal Capital Structure With TaxesChapter 16 - Financial Distress, Managerial Incentives, And InformationChapter 16.1 - Default And Bankruptcy In A Perfect MarketChapter 16.2 - The Costs Of Bankruptcy And Financial DistressChapter 16.3 - Financial Distress Costs And Firm ValueChapter 16.4 - Optimal Capital Structure: The Trade-Off TheoryChapter 16.5 - Exploiting Debt Holders: The Agency Costs Of LeverageChapter 16.6 - Motivating Managers: The Agency Benefits Of LeverageChapter 16.7 - Agency Costs And The Trade-Off TheoryChapter 16.8 - Asymmetric Information And Capital StructureChapter 16.9 - Capital Structure: The Bottom LineChapter 17 - Payout PolicyChapter 17.1 - Distributions To ShareholdersChapter 17.2 - Comparison Of Dividends And Share RepurchasesChapter 17.3 - The Tax Disadvantage Of DividendsChapter 17.4 - Dividend Capture And Tax ClientelesChapter 17.5 - Payout Versus Retention Of CashChapter 17.6 - Signaling With Payout PolicyChapter 17.7 - Stock Dividends, Splits, And Spin-OffsChapter 18 - Capital Budgeting And Valuation With LeverageChapter 18.1 - Overview Of Key ConceptsChapter 18.2 - The Weighted Average Cost Of CapitalChapter 18.3 - The Adjusted Present Value MethodChapter 18.4 - The Flow-to-Equity MethodChapter 18.5 - Project-Based Costs Of CapitalChapter 18.6 - Apv With Other Leverage PoliciesChapter 18.7 - Other Effects Of FinancingChapter 18.8 - Advanced Topics In Capital BudgetingChapter 19 - Valuation And Financial modeling: A Case StudyChapter 19.1 - Valuation Using ComparablesChapter 19.2 - The Business PlanChapter 19.3 - Building The Financial ModelChapter 19.4 - Estimating The Cost Of CapitalChapter 19.5 - Valuing The InvestmentChapter 19.6 - Sensitivity AnalysisChapter 20 - Financial OptionsChapter 20.1 - Option BasicsChapter 20.2 - Option Payoffs At ExpirationChapter 20.3 - Put-Call ParityChapter 20.4 - Factors Affecting Option PricesChapter 20.5 - Exercising Options EarlyChapter 20.6 - Options And Corporate FinanceChapter 21 - Option ValuationChapter 21.1 - The Binomial Option Pricing ModelChapter 21.2 - The Black-Scholes Option Pricing ModelChapter 21.3 - Risk-Neutral ProbabilitiesChapter 21.4 - Risk And Return Of An OptionChapter 21.5 - Corporate Applications Of Option PricingChapter 22 - Real OptionsChapter 22.1 - Real Versus Financial OptionsChapter 22.2 - Decision Tree AnalysisChapter 22.3 - The Option To Delay: Investment As A Call OptionChapter 22.4 - Growth And Abandonment OptionsChapter 22.5 - Investments With Different LivesChapter 22.6 - Optimally Staging InvestmentsChapter 22.7 - Rules Of ThumbChapter 23 - Raising Equity CapitalChapter 23.1 - Equity Financing For Private CompaniesChapter 23.2 - The Initial Public OfferingChapter 23.3 - Ipo PuzzlesChapter 23.4 - The Seasoned Equity OfferingChapter 24 - Debt FinancingChapter 24.1 - Corporate DebtChapter 24.2 - Other Types Of DebtChapter 24.3 - Bond CovenantsChapter 24.4 - Repayment ProvisionsChapter 25 - LeasingChapter 25.1 - The Basics Of LeasingChapter 25.2 - Accounting, Tax, And Legal Consequences Of LeasingChapter 25.3 - The Leasing DecisionChapter 25.4 - Reasons For LeasingChapter 26 - Working Capital ManagementChapter 26.1 - Overview Of Working CapitalChapter 26.2 - Trade CreditChapter 26.3 - Receivables ManagementChapter 26.4 - Payables ManagementChapter 26.5 - Inventory ManagementChapter 26.6 - Cash ManagementChapter 27 - Short-Term Financial PlanningChapter 27.1 - Forecasting Short-Term Financing NeedsChapter 27.2 - The Matching PrincipleChapter 27.3 - Short-Term Financing With Bank LoansChapter 27.4 - Short-Term Financing With Commercial PaperChapter 27.5 - Short-Term Financing With Secured FinancingChapter 28 - Mergers And AcquisitionsChapter 28.1 - Background And Historical TrendsChapter 28.2 - Market Reaction To A TakeoverChapter 28.3 - Reasons To AcquireChapter 28.4 - Valuation And Takeover ProcessChapter 28.5 - Takeover DefensesChapter 28.6 - Who Gets The Value Added From A Takeover?Chapter 29 - Corporate GovernanceChapter 29.1 - Corporate Governance And Agency CostsChapter 29.2 - Monitoring By The Board Of Directors And OthersChapter 29.3 - Compensation PoliciesChapter 29.4 - Managing Agency ConflictChapter 29.5 - RegulationChapter 29.6 - Corporate Governance Around The WorldChapter 30 - Risk ManagementChapter 30.1 - InsuranceChapter 30.2 - Commodity Price RiskChapter 30.3 - Exchange Rate RiskChapter 30.4 - Interest Rate RiskChapter 31 - International Corporate FinanceChapter 31.1 - Internationally Integrated Capital MarketsChapter 31.2 - Valuation Of Foreign Currency Cash FlowsChapter 31.3 - Valuation And International TaxationChapter 31.4 - Internationally Segmented Capital MarketsChapter 31.5 - Capital Budgeting With Exchange Risk
Book Details
For MBA/graduate students taking a course in corporate finance. An Emphasis on Core Financial Principles to Elevate Individuals’ Financial Decision Making Using the unifying valuation framework based on the Law of One Price, top researchers Jonathan Ber
Sample Solutions for this Textbook
We offer sample solutions for EBK CORPORATE FINANCE homework problems. See examples below:
The important differences between a corporation and an organization are as follows: The significant...Explanation: Balance sheet shows the detailed information about a company’s assets, liabilities and...Chapter 3, Problem 1PChapter 4, Problem 1PChapter 5, Problem 1PChapter 6, Problem 1PChapter 7, Problem 1PChapter 8, Problem 1PChapter 9, Problem 1P
Chapter 10, Problem 1PChapter 11, Problem 1PExplanation: Given information: Company P’s stock has a beta of 0.57. The risk-free rate is 3...Chapter 13, Problem 1PChapter 14, Problem 1PExplanation: Given information: P Pharmaceuticals has EBIT of $325 million in 2006; it has interest...Chapter 16, Problem 1PGiven information: The firm satisfies its entire interest obligation. Explanation: The firm can use...Explanation: Given information: Company C considers initiation of a new version of Armour, all...Explanation: Given information: The current sales are $75 million. Refer to Table 19.2 in Problem 1...Chapter 20, Problem 1PChapter 21, Problem 1PChapter 22, Problem 1PExplanation: The alternative sources from which private companies can raise equity capital are as...Chapter 24, Problem 1PChapter 25, Problem 1PExplanation: Operating cycle determines the average length of time taken from the initial cash to...Given information: The given companies: a) A clothing retailer, b) A professional sports team, c) An...Chapter 28, Problem 1PExplanation: The corporation is a legal entity who separates the ownership and management...Chapter 30, Problem 1PChapter 31, Problem 1P
More Editions of This Book
Corresponding editions of this textbook are also available below:
Corporate Finance: The Core (4th Edition) (Berk, DeMarzo & Harford, The Corporate Finance Series)
4th Edition
ISBN: 9780134202648
Corporate Finance
4th Edition
ISBN: 9780134101415
Corporate Finance, Fourth Canadian Edition (4th Edition)
4th Edition
ISBN: 9780134632285
Corporate Finance, Global Edition
4th Edition
ISBN: 9781292160160
Corporate Finance: The Core, Student Value Edition (4th Edition)
4th Edition
ISBN: 9780134202853
Corporate Finance: The Core Plus Myfinancelab With Pearson Etext, Global Edition
4th Edition
ISBN: 9781292158440
Value Pack Corporate Finance: The Core Global Edition + Mylab Finance With Etext
4th Edition
ISBN: 9781488686245
Corporate Finance, Fourth Canadian Edition Plus Mylab Finance With Pearson Etext -- Access Card Package (4th Edition)
4th Edition
ISBN: 9780134887456
Corporate Finance, Student Value Edition Plus MyLab Finance with Pearson eText -- Access Card Package (4th Edition)
4th Edition
ISBN: 9780134426792
Corporate Finance Plus MyLab Finance with Pearson eText -- Access Card Package (4th Edition) (Berk, DeMarzo & Harford, The Corporate Finance Series)
4th Edition
ISBN: 9780134408897
Corporate Finance: The Core Plus MyLab Finance with Pearson eText -- Access Card Package (4th Edition)
4th Edition
ISBN: 9780134409276
Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
4th Edition
ISBN: 9780134083278
Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
4th Edition
ISBN: 9780134101477
MyLab Finance with Pearson eText -- Access Card -- for Corporate Finance (Myfinancelab)
4th Edition
ISBN: 9780134099170
Corporate Finance: The Core, Student Value Edition Plus Mylab Finance With Pearson Etext -- Access Card Package (4th Edition)
4th Edition
ISBN: 9780134426785
Corporate Finance, Student Value Edition (4th Edition)
4th Edition
ISBN: 9780134101446
EBK CORPORATE FINANCE
4th Edition
ISBN: 8220103164535
EBK CORPORATE FINANCE
4th Edition
ISBN: 9780134202778
EBK CORPORATE FINANCE
4th Edition
ISBN: 9780134202785
Corporate Finance Solutions Manual
1st Edition
ISBN: 9780321439390
Corporate Finance
1st Edition
ISBN: 9780321416803
MyLab Finance with Pearson eText -- Combo Access Card -- for Corporate Finance: The Core (5th Edition)
5th Edition
ISBN: 9780135644867
CORPORATE FINANCE ACCESS
5th Edition
ISBN: 9780135636121
Corporate Finance Plus Pearson Mylab Finance With Pearson Etext, Global Edition
5th Edition
ISBN: 9781292304281
Corporate Finance
5th Edition
ISBN: 9780135183809
EBK CORPORATE FINANCE
5th Edition
ISBN: 9780134998411
EBK PEARSON ETEXT FOR CORPORATE FINANCE
5th Edition
ISBN: 9780135636077
CORPORATE FINANCE
5th Edition
ISBN: 9780136954040
Mylab Finance With Pearson Etext -- Combo Access Card -- For Corporate Finance (5th Edition)
5th Edition
ISBN: 9780135636015
EBK CORPORATE FIANACE
5th Edition
ISBN: 9780134999463
Corporate Finance
5th Edition
ISBN: 9780135183793
CORPORATE FIANACE-MYFINANCELAB
5th Edition
ISBN: 9780135161081
Mylab Finance With Pearson Etext -- Access Card -- For Corporate Finance: The Core (5th Edition)
5th Edition
ISBN: 9780135161159
EBK CORPORATE FINANCE
5th Edition
ISBN: 9780134997568
CORPORATE FINANCE: THE CORE SUBSCRIPTION
5th Edition
ISBN: 9780137664283
CORPORATE FINANCE
6th Edition
ISBN: 9780137845026
Corporate Finance With Myfinancelab
2nd Edition
ISBN: 9781408283332
Corporate Finance (custom Edition)
2nd Edition
ISBN: 9781488624353
Corporate Finance
2nd Edition
ISBN: 9780132945943
Corporate Finance: The Core
2nd Edition
ISBN: 9780132153683
Corporate Finance: The Core
2nd Edition
ISBN: 9781408283349
CORPORATE FINANCE-MYFINANCE LAB ACCESS
2nd Edition
ISBN: 9780132748230
Corporate Finance
2nd Edition
ISBN: 9780136089438
Corporate Finance
3rd Edition
ISBN: 9780133558005
Corporate Finance
3rd Edition
ISBN: 9780133517217
Corporate Finance
3rd Edition
ISBN: 9780133097931
Corporate Finance: The Core
3rd Edition
ISBN: 9780273792161
Corporate Finance, Student Value Edition
3rd Edition
ISBN: 9780132993869
Corporate Finance, Third Canadian Edition Plus New Myfinancelab With Pearson Etext -- Access Card Package (3rd Edition)
3rd Edition
ISBN: 9780133552683
Corporate Finance, 3rd Edition
3rd Edition
ISBN: 9780273792024
Corporate Finance
3rd Edition
ISBN: 9780133424126
Corporate Finance
3rd Edition
ISBN: 9780133424133
Corporate Finance (3rd Edition)
3rd Edition
ISBN: 9780133424157
Corporate Finance, The Core
3rd Edition
ISBN: 9780133097894
MBA 615:MANAGERIAL FIN.>CUSTOM PKG.<
16th Edition
ISBN: 9781323568736
MyFinanceLab with Pearson eText -- Access Card -- for Corporate Finance: The Core
17th Edition
ISBN: 9780134202914
CORPORATE FIN CUSTOM W/MYFINANCELAB
3rd Edition
ISBN: 9781323159859
EBK CORPORATE FINANCE
3rd Edition
ISBN: 9780100792722
Corporate Finance
3rd Edition
ISBN: 9780132992473
Myfinancelab For Corporate Finance Access Code
3rd Edition
ISBN: 9780132993609
Related Finance Textbooks with Solutions
Still sussing out bartleby
Check out a sample textbook solution.