Table of Contents Part 1: Introduction to Managerial Finance Chapter 1. The Role of Managerial Finance Chapter 2. The Financial Market Environment Part 2: Financial Tools Chapter 3. Financial Statements and Ratio Analysis Chapter 4. Cash Flow and Financial Planning Chapter 5. Time Value of Money Part 3. Valuation of Securities Chapter 6. Interest Rates and Bond Valuation Chapter 7. Stock Valuation Part 4: Risk and the Required Rate of Return Chapter 8. Risk and Return Chapter 9. The Cost of Capital Part 5: Long-Term Investment Decisions Chapter 10. Capital Budgeting Techniques Chapter 11. Capital Budgeting Cash Flows Chapter 12. Risk and Refinements in Capital Budgeting Part 6: Long-Term Financial Decisions Chapter 13. Leverage and Capital Structure Chapter 14. Payout Policy Part 7: Short-Term Financial Decisions Chapter 15. Working Capital and Current Assets Management Chapter 16. Current Liabilities Management Part 8: Special Topics in Managerial Finance Chapter 17. Hybrid and Derivative Securities Chapter 18. Mergers, LBOs, Divestitures, and Business Failure Chapter 19. International Managerial Finance