Sale!

Contemporary Financial Management 12th Edition Moyer Solutions Manual

Name: Contemporary Financial Management 12th Edition Moyer Solutions Manual
SKU: 1208
Price: 26.99 USD
Availability: InStock

Original price was: $50.00.Current price is: $26.99.

Contemporary Financial Management 12th Edition Moyer Solutions Manual.

Download sample

Categories: Business, Finance, Solutions Manual Tags: 12th Edition, Contemporary Financial Management, Moyer, Solutions Manual

Description

This is completed downloadable of Contemporary Financial Management 12th Edition Moyer Solutions Manual

Product Details:

ISBN-10 ‏ : ‎ 0538479175
ISBN-13 ‏ : ‎ 978-0538479172
Author: R. Charles Moyer (Author), James R. McGuigan (Author), Ramesh P. Rao (Author), William J. Kretlow (Author)

This successful text provides a comprehensive and contemporary introduction to financial management, focusing on shareholder wealth maximization and cash flow management, the international aspects of financial management, the ethical behavior of managers, and the increased impact of the Internet in business practice. Content has been added or enhanced to reflect the effects of the 2008-2009 recessions on corporations.

Table of Content:

PART 1: Introduction
Chapter 1: The Role and Objective of Financial Management
1-1 Introduction
1-2 The Goal of Shareholder Wealth Maximization
1-2a Stakeholder Concerns
1-2b Divergent Objectives
1-2c Agency Problems
1-3 Maximization of Shareholder Wealth: Managerial Strategies
1-3a Determinants of Value
1-3b Managerial Actions to Influence Value
1-4 Forms of Business Organization
1-4a Sole Proprietorship
1-4b Partnership
1-4c Corporation
Ethical Issues: The Practice of Financial Management
1-4d Other Types of Business Organizations
1-5 Organization of the Financial Management Function
1-5a Financial Management and Other Disciplines
Entrepreneurial Issues: Shareholder Wealth Maximization
1-5b Marketing, Production, Quantitative Methods, and Human Resources Management
1-6 Career Opportunities in Finance
1-7 Professional Finance Affiliations and Certifications
1-8 Summary
1-9 Questions and Topics for Discussion
Chapter 2: The Domestic and International Financial Marketplace
2-1 Introduction
2-2 An Overview of the U.S. Financial System
2-2a Financial Assets
2-2b Financial Markets
2-2c Financial Intermediaries
2-3 The Structure and Operation of U.S. Security Markets
2-3a Security Exchanges and Stock Market Indexes
2-3b Regulation of the Security Markets
2-4 The Global Economy and Multinational Enterprises
2-5 Foreign Currency Markets and Exchange Rates
2-5a The Eurocurrency Market
2-5b The Euro: A Common European Currency
2-5c Direct and Indirect Quotes
2-5d Spot Rates
2-5e Forward Rates
2-5f Foreign Currency Futures
2-5g Foreign Currency Options
2-6 Market Efficiency
2-6a Information and Capital Market Efficiency
2-6b Degrees of Market Efficiency
2-6c Implications of Market Efficiency for Financial Managers
2-6d Behavioral Finance Perspectives on the Financial Marketplace
2-7 Holding Period Returns
Ethical Issues: Insider Trading
2-8 Overview of the Financial Crisis beginning in 2007
International Issues: Market Efficiency Outside the United States
2-8a Causes of the Financial Crisis
2-8b How Firms Were Affected by the Financial Crisis
2-9 Income Taxes and Financial Management
2-9a Implications of Income Taxes for Financial Managers
2-9b Tax Rate Used in the Text
2-10 Summary
2-11 Questions and Topics for Discussion
2-12 Self-Test Problems
2-13 Problems
APPENDIX 2A: TAXES
2A-1 Introduction
2A-2 Corporate Income Taxes
Entrepreneurial Issues: S Corporations
2A-3 Questions and Topics for Discussion
2A-4 Self-Test Problems
2A-5 Problems
Chapter 3: Evaluation of Financial Performance
3-1 Introduction
3-1a Uses of Financial Analysis
3-1b Interpreting Financial Ratios
3-2 Basic Classifications of Financial Ratios
3-2a Key Financial Statements
3-2b Liquidity Ratios
3-2c Asset Management Ratios
3-2d Financial Leverage Management Ratios
3-2e Profitability Ratios
3-2f Market-Based Ratios
3-2g Dividend Policy Ratios
3-3 Summary of Financial Ratio Analysis
3-4 Trend Analysis
3-5 Analysis of Profitability: Return on Investment
3-6 Analyzing Profitability Through Return on Stockholders’ Equity
3-7 Sources of Comparative Financial Data
3-8 A Word of Caution About Financial Ratio Analysis
3-9 Earnings and Balance Sheet Quality and Financial Analysis
3-9a Earnings Quality
3-9b Balance Sheet Quality
Ethical Issues: The Sarbanes-Oxley Act and the Financial Reporting Process
3-10 Market Value Added/Economic Value Added: An Alternative Measure of Performance
3-10a The Market Value Added Concept
3-10b Economic Value Added
International Issues: Financial Analysis of Multinational Corporations
3-11 Inflation and Financial Statement Analysis
3-12 Summary
3-13 Questions and Topics for Discussion
3-14 Self-Test Problems
3-15 Problems
Chapter 4: Financial Planning and Forecasting
4-1 Introduction
4-2 Financial Planning
4-3 Cash Flow Analysis
4-3a The Cash Flow Generation Process
4-3b Importance of Cash Flows
4-3c Cash Flows and Shareholder Wealth
4-3d The Cash Flow Concept
4-3e The Statement of Cash Flows
4-4 Financial Forecasting
4-4a Percentage of Sales Forecasting Method
4-4b Cash Budgeting
4-4c Pro Forma Statement of Cash Flows
4-4d Computerized Financial Forecasting and Planning Models
4-4e Using Financial Ratios to Forecast Future Financial Performance
4-5 Summary
4-6 Questions and Topics for Discussion
4-7 Self-Test Problems
4-8 Problems
PART 2: Determinants of Valuation
Chapter 5: The Time Value of Money
5-1 Introduction
5-1a A Word About Notation
5-1b CFM Excel Templates
5-2 The Use of Financial Calculators and Spreadsheets
5-2a Calculator Solution
5-2b Spreadsheet Solution
5-3 Interest
5-4 Simple Interest
5-5 Compound Interest and Future Value
5-5a Solving for the Interest Rate
5-5b Solving for the Number of Compounding Periods
5-6 Present Value
5-6a Solving for Interest and Growth Rates
5-7 Annuities
5-7a Future Value of an Ordinary Annuity
5-7b Future Value of an Annuity Due
5-7c Present Value of an Ordinary Annuity
5-7d Present Value of an Annuity Due
5-8 Present Value: Some Additional Cash Flow Patterns
5-8a Perpetuities
5-8b Present Value of an Uneven Payment Stream
5-8c Present Value of Deferred Annuities
5-9 Compounding Periods and Effective Interest Rates
5-9a Effect of Compounding Periods on Present and Future Values
5-10 Effective Rate Calculations
5-11 Net Present Value Rule
5-12 Summary
5-13 Questions and Topics for Discussion
5-14 Self-Test Problems
5-15 Problems
APPENDIX 5A: CONTINUOUS COMPOUNDING AND DISCOUNTING
5A-1 Continuous Compounding
5A-2 Continuous Discounting
5A-3 Effective Rate Calculations
5A-4 Self-Test Problems
5A-5 Problems
Chapter 6: Fixed-Income Securities: Characteristics and Valuation
6-1 Introduction
6-2 Characteristics of Long-Term Debt
6-2a Types of Long-Term Debt
6-2b Features of Long-Term Debt
6-2c Information on Debt Financing Activities
6-2d Bond Ratings
6-2e Users of Long-Term Debt
6-2f Advantages and Disadvantages of Long-Term Debt Financing
International Issues: The International Bond Market
6-3 Valuation of Assets
6-3a Capitalization of Cash Flow Method
6-3b Market Value of Assets and Market Equilibrium
6-3c Book Value of an Asset
6-4 Bond Valuation
6-4a Bonds Having Finite Maturity Dates
6-4b Perpetual Bonds
Ethical Issues: Leveraged Buyouts and Bond Values
6-4c Yield-to-Maturity of a Bond
6-5 Characteristics of Preferred Stock
6-5a Features of Preferred Stock
6-5b Trading of Preferred Shares
6-5c Users of Preferred Stock
6-5d Advantages and Disadvantages of Preferred Stock Financing
6-5e Valuation of Preferred Stock
6-6 Summary
6-7 Questions and Topics for Discussion
6-8 Self-Test Problems
6-9 Problems
Chapter 7: Common Stock: Characteristics, Valuation, and Issuance
7-1 Introduction
7-1a Understanding Stock Quotations
7-2 Characteristics of Common Stock
7-2a Common Stock and Accounting
7-2b Stockholder Rights
7-2c Other Features of Common Stock
Ethical Issues: Unequal Voting Rights
7-2d Advantages and Disadvantages of Common Stock Financing
7-3 The Security Offering Process: Role of the Investment Banker
7-3a How Securities Are Sold
7-4 Valuation of Common Stock
7-4a One-Period Dividend Valuation Model
International Issues: Global Equity Markets
7-4b Multiple-Period Dividend Valuation Model
7-4c A General Dividend Valuation Model
7-5 Applications of the General Dividend Valuation Model
7-5a Zero Growth Dividend Valuation Model
7-5b Constant Growth Dividend Valuation Model
7-5c Nonconstant Growth Dividend Valuation Model
Entrepreneurial Issues: Valuation of Closely Held Firms
7-6 Summary
7-7 Questions and Topics for Discussion
7-8 Self-Test Problems
7-9 Problems
Chapter 8: Analysis of Risk and Return
8-1 Introduction
8-2 Meaning and Measurement of Risk
8-2a Probability Distributions
8-2b Summary of Notation
8-2c Expected Value
8-2d Standard Deviation: An Absolute Measure of Risk
8-2e Normal Probability Distribution
8-2f Coefficient of Variation: A Relative Measure of Risk
8-2g Risk as an Increasing Function of Time
8-3 Relationship Between Risk and Return
8-3a Risk-Free Rate of Return
8-3b Risk Premium
8-3c Business and Financial Risk
8-3d Risk and Required Returns for Various Types of Securities
8-4 Investment Diversification and Portfolio Risk Analysis
8-4a Expected Returns from a Portfolio
8-4b Portfolio Risk
8-4c Efficient Portfolios and the Capital Market Line
8-5 Portfolio Risk and the Capital Asset Pricing Model
8-5a Systematic and Unsystematic Risk
8-5b Security Market Line (SML
8-5c Beta: A Measure of Systematic Risk
8-5d Security Market Line and Beta
8-5e Inflation and the Security Market Line
8-5f Uses of the CAPM and Portfolio Risk Concepts
International Issues: Diversification and Multinational Corporations
8-5g Assumptions and Limitations of the CAPM
Ethical Issues: High-Risk Securities
8-6 Other Dimensions of Risk
8-7 Summary
8-8 Questions and Topics for Discussion
8-9 Self-Test Problems
8-10 Problems
PART 3: The Capital Investment Decision
Chapter 9: Capital Budgeting and Cash Flow Analysis
9-1 Introduction
9-2 Key Terms and Concepts in Capital Budgeting
9-2a Cost of Capital
9-2b How Projects Are Classified
9-2c Availability of Funds
9-3 Basic Framework for Capital Budgeting
9-4 Generating Capital Investment Project Proposals
9-4a Classifying Investment Projects
9-4b Project Size and the Decision-Making Process
9-5 Principles of Estimating Cash Flows
9-6 Net Investment (NINV
9-7 Net (Operating) Cash Flows
9-7a Recovery of After-Tax Salvage Value
9-7b Recovery of Net Working Capital
9-7c Interest Charges and Net Cash Flows
9-7d Depreciation
9-8 Asset Expansion Projects
9-8a Calculating the Net Investment
9-8b Calculating Annual Net Cash Flows
9-9 Asset Replacement Projects
9-9a Calculating the Net Investment
9-9b Calculating Annual Net Cash Flows
9-10 Problems in Cash Flow Estimation
9-11 The Practice of Cash Flow Estimation for Capital Budgeting
Ethical Issues: Cash Flow Estimation Biases
9-12 Summary
9-13 Questions and Topics for Discussion
9-14 Self-Test Problems
9-15 Problems
APPENDIX 9A: DEPRECIATION
9A-1 Introduction to Depreciation
9A-2 Straight-Line Depreciation
9A-3 Modified Accelerated Cost Recovery System (MACRS
9A-4 Real Property
9A-5 Questions and Topics for Discussion
9A-6 Problems
Chapter 10: Capital Budgeting: Decision Criteria and Real Option Considerations
10-1 Introduction
10-2 Decision Models for Evaluating Alternatives
10-2a Net Present Value
10-2b Profitability Index
10-2c Internal Rate of Return
10-2d Payback (PB) Period
10-3 Capital Rationing and the Capital Budgeting Decision
10-4 Reviewing and Post-Auditing an Accepted Project
10-5 A Comprehensive Example of Capital Budgeting: Opening a New Bank Branch
International Issues: A Framework for International Capital Expenditure Decisions
10-6 Real Options in Capital Budgeting
10-6a Classification of Real Options in Capital Budgeting
Ethical Issues: The Use of Shareholder Resources
10-6b How Are Real Options Concepts Being Applied
10-7 Summary
10-8 Questions and Topics for Discussion
10-9 Self-Test Problems
10-10 Problems
APPENDIX 10A: MUTUALLY EXCLUSIVE INVESTMENTS HAVING UNEQUAL LIVES
10A-1 Replacement Chains
10A-2 Equivalent Annual Annuities
10A-3 Problems
Chapter 11: Capital Budgeting and Risk
11-1 Introduction
11-2 Total Project Risk Versus Portfolio Risk
11-3 Adjusting for Total Project Risk
11-3a Net Present Value/Payback Approach
11-3b Simulation Analysis
11-3c Sensitivity Analysis
11-3d Scenario Analysis
11-3e Certainty Equivalent Approach
11-3f Risk-Adjusted Discount Rate Approach
11-4 Adjusting for Beta Risk in Capital Budgeting
11-4a The All-Equity Case
International Issues: Special Elements of Capital Budgeting Risk
11-4b The Equity and Debt Case
11-4c Computing the Risk-Adjusted Net Present Value
11-5 Summary
11-6 Questions and Topics for Discussion
11-7 Self-Test Problems
11-8 Problems
PART 4: The Cost of Capital, Capital Structure, and Dividend Policy
Chapter 12: The Cost of Capital
12-1 Introduction
12-2 Summary of Notation
12-3 Weighted Cost of Capital
12-3a Market Value Versus Book Value Weights
12-3b Gasco Inc.’s Weighted Cost of Capital
12-3c The Problem of “Lumpy” Capital
12-4 Relative Costs of Capital
12-5 Computing the Component Costs of Capital
12-5a Marginal Costs
12-5b Cost of Debt
12-5c Cost of Preferred Stock
12-5d Cost of Internal Equity Capital
12-5e Dividend Valuation Model Approach
12-5f Issues in Implementation
12-5g Capital Asset Pricing Model (CAPM) Approach
International Issues: Market Equity Risk Premiums Around the World
12-5h Risk Premium over Debt and Other Approaches for Estimating the Cost of Equity Capital
12-5i Cost of External Equity Capital
12-6 Divisional Costs of Capital
12-7 Determining the Weighted (Marginal) Cost of Capital Schedule
International Issues: The Cost of Capital for Multinational Companies
12-8 Determining the Optimal Capital Budget
Entrepreneurial Issues: The Cost of Capital
12-9 Cost of Depreciation-Generated Funds
12-10 Summary
12-11 Questions and Topics for Discussion
12-12 Self-Test Problems
12-13 Problems
Chapter 13: Capital Structure Concepts
13-1 Introduction
13-2 Capital Structure Decisions and Maximization of Shareholder Wealth
13-2a Assumptions of Capital Structure Analysis
13-3 Business Risk
13-3a Business Risk: Systematic or Unsystematic
13-4 Financial Risk and Financial Leverage
13-4a Financial Risk: Systematic or Unsystematic
13-4b Effect of Financial Leverage on Stockholder Returns and Risk
13-5 Capital Structure Theory
13-5a Capital Structure Without a Corporate Income Tax
13-5b Capital Structure with a Corporate Income Tax
13-5c Capital Structure with a Corporate Income Tax: Financial Distress Costs and Agency Costs
13-5d Value-Maximizing Capital Structure
13-5e The Cost of Capital and the Optimal Capital Structure
13-5f Other Considerations in the Capital Structure Decision
Ethical Issues: LBO Stakeholder Impacts
International Issues: Capital Structure
13-6 Managerial Implications of Capital Structure Theory
13-7 Summary
13-8 Questions and Topics for Discussion
13-9 Self-Test Problems
13-10 Problems
Chapter 14: Capital Structure Management in Practice
14-1 Introduction
14-2 Operating and Financial Leverage
14-2a Leverage and the Income Statement
14-2b Short-Run Costs
14-2c Long-Run Costs
14-2d Measurement of Operating and Financial Leverage
14-2e Degree of Operating Leverage
14-2f Degree of Financial Leverage
14-2g Degree of Combined Leverage
14-2h Effect of Leverage on Shareholder Wealth and the Cost of Capital
14-3 Other Financial Risk Measures
14-4 EBIT-EPS Analysis
14-4a EBIT-EPS Analysis and Capital Structure Decisions
14-4b EBIT-EPS Analysis and Stock Prices
14-5 Cash Insolvency Analysis
14-6 Other Factors to Consider in Making Capital Structure Decisions
14-6a Industry Standards
14-6b Profitability and Need for Funds
International Issues: Balancing Operating and Financial Risks at Nestl
14-6c Lender and Bond-Rater Requirements
14-6d Managerial Risk Aversion
14-6e Retention of Control
14-7 Summary
14-8 Questions and Topics for Discussion
14-9 Self-Test Problems
14-10 Problems
APPENDIX 14A: BREAKEVEN ANALYSIS
14A-1 Introduction
14A-2 Graphic Breakeven Analysis
14A-3 Algebraic Breakeven Analysis
14A-4 Examples of Breakeven Analysis
14A-5 DOL and Breakeven Analysis
14A-6 Breakeven Analysis and Risk Assessment
14A-7 Some Limitations of Breakeven Analysis
14A-8 Cash Breakeven Point
14A-9 Questions and Topics for Discussion
14A-10 Self-Test Problems
14A-11 Problems
Chapter 15: Dividend Policy
15-1 Introduction
15-2 Determinants of Dividend Policy
15-2a Industry and Company Variations in Dividend Payout Ratios
15-2b Legal Constraints
15-2c Restrictive Covenants
15-2d Tax Considerations
15-2e Liquidity and Cash Flow Considerations
15-2f Borrowing Capacity and Access to the Capital Markets
15-2g Earnings Stability
15-2h Growth Prospects
15-2i Shareholder Preferences
15-2j Protection Against Dilution
15-3 Dividend Policy and Firm Value
15-3a Arguments for the Irrelevance of Dividends
15-3b Arguments for the Relevance of Dividends
15-3c Transaction Costs
15-3d Taxes
15-3e Issuance (Flotation) Costs
15-3f Agency Costs
15-3g Conclusions Regarding Dividend Relevance
15-4 Dividend Policies
15-4a Passive Residual Policy
15-4b Stable Dollar Dividend Policy
15-4c Other Dividend Payment Policies
Entrepreneurial Issues: Dividend Policy
15-4d How Dividends Are Paid
International Issues: Dividend Policies for Multinational Firms
15-4e Dividend Reinvestment Plans
15-5 Stock Dividends and Stock Splits
15-6 Share Repurchases as Dividend Decisions
15-6a Procedures for Repurchasing Shares
15-6b Share Repurchase Versus Cash Dividend Example
15-6c Tax Considerations
15-6d Financial Flexibility
15-6e Signaling Effects
15-6f Earnings-per-Share Dilution
15-6g Agency Costs
15-6h Advantages and Disadvantages
15-7 Summary
15-8 Questions and Topics for Discussion
15-9 Self-Test Problems
15-10 Problems
PART 5: Working Capital Management
Chapter 16: Working Capital Policy and Short-Term Financing
16-1 Introduction
16-2 Working Capital Policy
16-2a Importance of Working Capital
16-2b Operating Cycle Analysis
16-3 Levels of Working Capital Investment
16-3a Profitability Versus Risk Trade-Off for Alternative Levels of Working Capital Investment
16-3b Optimal Level of Working Capital Investment
16-4 Proportions of Short-Term and Long-Term Financing
16-4a Cost of Short-Term Versus Long-Term Debt
16-4b Risk of Long-Term Versus Short-Term Debt
16-5 Profitability Versus Risk Trade-Off for Alternative Financing Plans
16-5a Optimal Proportions of Short-Term and Long-Term Debt
16-6 Overall Working Capital Policy
16-7 Short-Term Credit
16-8 Cost of Short-Term Funds
16-9 Trade Credit
16-9a Credit Terms
16-9b Cost of Trade Credit
16-9c Stretching Accounts Payable
16-10 Accrued Expenses and Deferred Income
16-10a Accrued Expenses
16-10b Deferred Income
16-11 Short-Term Bank Credit
Ethical Issues: Interest Rate Manipulation
16-11a Single Loans (Notes
16-11b Lines of Credit
16-11c Revolving Credit Agreements
Ethical Issues: Tying Bank Loans to Other Services
16-12 Commercial Paper
16-13 Accounts Receivable Loans
16-13a Pledging Accounts Receivable
16-13b Factoring Accounts Receivable
16-14 Inventory Loans
16-14a Floating Liens
16-14b Trust Receipts
16-14c Terminal Warehouse and Field Warehouse Financing Arrangements
International Issues: Foreign Receivables Financing
16-15 Summary
16-16 Questions and Topics for Discussion
16-17 Self-Test Problems
16-18 Problems
Chapter 17: The Management of Cash and Marketable Securities
17-1 Introduction
17-2 Liquid Asset Balance
17-2a Cash Flows and the Cash Budget
17-2b Corporate-Bank Relations
17-2c Optimal Liquid Asset Balance
17-2d The Practice of Liquidity Management
17-3 Controlling the Collection and Disbursement of Cash
17-3a Float
17-3b Expediting Collections
17-3c Slowing Disbursements
Ethical Issues: Cash Management
17-4 Electronic Funds Transfer
17-4a Check Clearing for the 21st Century Act
17-5 Investing in Marketable Securities
17-5a Choosing Marketable Securities
Entrepreneurial Issues: Cash Management
17-5b Types of Marketable Securities
International Issues: Cash Management
17-6 Summary
17-7 Questions and Topics for Discussion
17-8 Self-Test Problems
17-9 Problems
Chapter 18: The Management of Accounts Receivable and Inventories
18-1 Introduction
18-2 Accounts Receivable Management
18-2a Shareholder Wealth and Optimal Investments in Accounts Receivable
18-2b Credit Standards
18-2c Credit Terms
18-2d Collection Effort
18-2e Monitoring Accounts Receivable
18-3 Evaluating Individual Credit Applicants
18-3a Gathering Information on the Credit Applicant
18-3b Analyzing Creditworthiness and Making the Credit Decision
18-4 Inventory Management
18-4a Benefits of Holding Inventories
18-4b Inventory-Related Costs
18-5 Inventory Control Models
18-5a Basic EOQ Model
18-5b Extensions of the Basic EOQ Model
18-5c Just-in-Time Inventory Management Systems
18-6 Summary
18-7 Questions and Topics for Discussion
18-8 Self-Test Problems
18-9 Problems
PART 6: Additional Topics in Contemporary Financial Management
Chapter 19: Lease and Intermediate-Term Financing
19-1 Introduction
19-2 Leasing
19-3 Types of Leases
19-3a Operating Leases
19-3b Financial or Capital Leases
19-3c Leveraged Leases
19-4 Advantages and Disadvantages of Leasing
19-4a Advantages
Entrepreneurial Issues: Leasing by Small Businessesa
19-4b Disadvantages
19-5 Tax and Accounting Aspects of Leases
19-5a Tax Status of True Leases
19-5b Leases and Accounting Practices
19-6 Determining Lease Payments: The Lessor’s Perspective
19-7 Lease-Buy Analysis: The Lessee’s Perspective
19-8 Term Loans
19-8a Repayment Provisions
19-8b Interest Costs
19-9 Security Provisions and Protective Covenants
19-9a Security Provisions
19-9b Affirmative Covenants
19-9c Negative Covenants
19-9d Restrictive Covenants
19-9e Default Provisions
19-10 Suppliers of Term Loans
19-10a Commercial Banks and Savings and Loan Associations
19-10b Life Insurance Companies and Pension Funds
19-10c Small Business Administration (SBA
19-10d Small Business Investment Companies (SBICs
19-10e Industrial Development Authorities (IDAs
19-11 Equipment Loans
19-11a Conditional Sales Contract
19-11b Chattel Mortgage
19-12 Summary
19-13 Questions and Topics for Discussion
19-14 Self-Test Problems
19-15 Problems
Chapter 20: Financing with Derivatives
20-1 Introduction
20-2 Options
20-2a Option Valuation Concepts
20-2b Variables Affecting Call Option Valuation
20-2c Option Valuation Models
20-2d Call Options on Bonds
20-2e Common Stock in an Options Framework
20-3 Convertible Securities
20-3a Features of Convertible Securities
20-3b Managing Long-Term Funding with Convertibles
20-3c Valuation of Convertible Securities
20-3d Converting Convertible Securities
20-3e Convertible Securities and Earnings Dilution
20-4 Warrants
20-4a Features of Warrants
20-4b Reasons for Issuing Warrants
20-4c Valuation of Warrants
20-4d Comparison of Convertible Securities and Warrants
20-5 Analysis of Rights Offerings
20-5a Valuation of Rights
20-6 Swaps
20-6a Interest Rate Swaps
20-6b Credit Default Swaps
20-7 Summary
20-7a Options
20-7b Convertible Securities
20-7c Warrants
20-7d Rights Offering
20-7e Swaps
20-8 Questions and Topics for Discussion
20-9 Self-Test Problems
20-10 Problems
APPENDIX 20A: THE BLACK-SCHOLES OPTION PRICING MODEL
20A-1 The Foundations of Option Valuation
20A-2 The Black-Scholes Option Pricing Model
20A-3 Applying the Black-Scholes Model
20A-4 Problems
APPENDIX 20B: BOND REFUNDING ANALYSIS
20B-1 The Bond Refunding Process
20B-2 Problems
Chapter 21: Risk Management
21-1 Introduction
21-2 Why Manage Risk
21-3 Nonhedging Risk-Management Strategies
21-3a Acquisition of Additional Information
21-3b Diversification
21-3c Insurance
21-3d Gaining Control over the Operating Environment
21-3e Limited Use of Firm-Specific Assets
21-4 Hedging Strategies for Risk Management
21-4a Forward Contracts
21-4b Futures Contracts
21-4c A Long Hedge
21-4d A Short Hedge
21-5 Hedging Price Risk with Options
21-5a Final Comments Regarding Risk-Management Strategies
Ethical Issues: AIG, the Financial Crisis of 2008, and the Failure of Risk Management
21-6 Summary
21-7 Questions and Topics for Discussion
21-8 Self-Test Problems
21-9 Problems
Chapter 22: International Financial Management
22-1 Introduction
22-2 Factors That Affect Exchange Rates
22-2a Covered Interest Arbitrage and Interest Rate Parity
22-2b Purchasing Power Parity
22-2c Expectations Theory and Forward Exchange Rates
22-2d The International Fisher Effect
22-2e An Integrative Look at International Parity Relationships
22-3 Forecasting Future Exchange Rates
22-3a Using Forward Rates
22-3b Using Interest Rates
22-4 Foreign Exchange Risk
22-4a Transaction Exposure
22-4b Economic Exposure
22-4c Translation Exposure
Ethical Issues: Payment of Bribes Abroad
22-5 Summary
22-6 Questions and Topics for Discussion
22-7 Self-Test Problems
22-8 Problems
Chapter 23: Corporate Restructuring
23-1 Introduction
23-2 Mergers and Acquisitions
23-2a Mergers Defined
23-2b Merger Statistics
23-2c Types of Mergers
23-2d Form of Merger Transactions
23-2e Holding Companies
23-2f Joint Ventures
23-2g Leveraged Buyouts
23-2h Divestitures and Restructurings
23-2i Tender Offers
23-2j Rationale for Restructuring
23-2k Antitakeover Measures
23-2l Reasons for Mergers
23-2m Accounting Aspects of Mergers
23-2n Tax Aspects of Mergers
23-2o Valuation of Merger Candidates
23-2p Valuation Techniques
23-2q Analysis of a Merger: Earnings per Share and P/E Effects
23-3 Business Failure
23-3a Definitions of Business Failure
23-3b Business Failure Statistics
23-3c Causes of Business Failure
23-3d Alternatives for Failing Businesses
23-3e Informal Alternatives for Failing Businesses
23-3f Formal Alternatives for Failing Businesses Under the Bankruptcy Laws
23-3g Reorganization
23-3h Liquidation
23-4 Summary
23-5 Questions and Topics for Discussion
23-6 Self-Test Problems
23-7 Problems
Reference Materials Tables
Glossary
Solutions to Self-Test Problems
Check Answers to Selected Problems
Index

People Also Search:

contemporary financial management moyer

contemporary financial management 12th edition moyer

contemporary financial management

contemporary financial management 12th edition

contemporary financial management 12th edition solution manual download pdf

contemporary financial management 12th edition download scribd

Sign up for Newsletter

Contemporary Financial Management 12th Edition Moyer Solutions Manual

This is completed downloadable of Contemporary Financial Management 12th Edition Moyer Solutions Manual

Product Details:

Table of Content:

People Also Search:

Instant download after Payment is complete

You may also like…

Sign up for Newsletter

Contemporary Financial Management 12th Edition Moyer Solutions Manual

This is completed downloadable of Contemporary Financial Management 12th Edition Moyer Solutions Manual

Product Details:

Table of Content:

People Also Search:

Instant download after Payment is complete

You may also like…

Related products

Login