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Investment Appraisal and Financing Decisions Stephen Lumby

Investment Appraisal and Financing Decisions By Stephen Lumby

Investment Appraisal and Financing Decisions by Stephen Lumby


£12.00
New RRP £29.99
Condition - Very Good
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Summary

This expanded edition now includes all the material required for a course in financial management. An expansion of the range of topics covered makes it possible to use this book as the core text for a wider variety of courses.

Investment Appraisal and Financing Decisions Summary

Investment Appraisal and Financing Decisions by Stephen Lumby

This expanded edition now includes all the material required for a course in financial management. An expansion of the range of topics covered makes it possible to use this book as the core text for a wider variety of courses. Changes to this edition have been based on the feedback from adopting lecturers. Answers to all end-of-chapter questions in an accompanying teacher's manual make this book a useful teaching tool.

Table of Contents

Financial objectives and corporate governance. Strategic planning and the finance function. Traditional methods of investment appraisal. The single-period investment consumption decision model. The discounted cashflow approach. Net present value and internal rate of return. Project appraisal cashflows. Capital market imperfections. Traditional approaches to risk. Risk and expected return. Portfolio theory. The capital asset pricing model. The valuation of options. Interest rate risk management. Market efficiency and the term structure of interest rates. The cost of company capital. The weighted average cost of capital. Capital structure decision in a no-tax world. Capital structure in a world with tax. The capital structure decision in practice. Investment and financing decision interactions. The dividend decision. Foreign exchange markets and rates. Foreign exchange risk management. Capital investments.

Additional information

GOR001593832
9781861523228
186152322X
Investment Appraisal and Financing Decisions by Stephen Lumby
Used - Very Good
Paperback
Cengage Learning EMEA
1994-03-17
682
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Investment Appraisal and Financing Decisions