Part One: Value
1. Goals and Governance of the Firm
2. How to Calculate Present Values
3. Valuing Bonds
4. The Value of Common Stocks
5. Net Present Value and Other Investment Criteria
6. Making Investment Decisions with the Net Present Value Rule

Part Two: Risk
7. Introduction to Risk and Return
8. Portfolio Theory and the Capital Asset Pricing Model
9. Risk and the Cost of Capital

Part Three: Best Practices in Capital Budgeting
10. Project Analysis
11. Investment, Strategy, and Economic Rents
12. Agency Problems, Compensation, and Performance Measurement

Part Four: Financing Decisions and Market Efficiency
13. Efficient Markets and Behavioral Finance
14. An Overview of Corporate Financing
15. How Corporations Issue Securities

Part Five: Payout Policy and Capital Structure
16. Payout Policy
17. Does Debt Policy Matter?
18. How Much Should a Firm Borrow?
19. Financing and Valuation

Part Six: Options
20. Understanding Options
21. Valuing Options
22. Real Options

Part Seven: Debt Financing
23. Credit Risk and the Value of Corporate Debt
24. The Many Different Kinds of Debt
25. Leasing

Part Eight: Risk Management
26. Managing Risk
27. Managing International Risks

Part Nine: Financial Planning and Working Capital Management
28. Financial Analysis
29. Financial Planning
30. Working Capital Management

Part Ten: Mergers, Corporate Control, and Governance
31. Mergers
32. Corporate Restructuring
33. Governance and Corporate Control Around the World

Part Eleven: Conclusion
34. Conclusion: What We Do and Do Not Know About Finance

1120 pages, Paperback