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Capital Budgeting and Long-term Financing Decisions

Capital Budgeting and Long-term Financing Decisions


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About the Book

Complete, easy-to-use, and full of study tools, CAPITAL BUDGETING AND LONG-TERM FINANCING DECISIONS uses a strategic framework to show you how key finance concepts can help you achieve your corporate goals. If you need to get a great grade in class and want to start building a successful future today, CAPITAL BUDGETING AND LONG-TERM FINANCING DECISIONS is the finance textbook you need.

Table of Contents:
PART I. STRATEGY AND VALUE 1. Long-Term Investing and Financial Decisions 2. Market Imperfections and Value: Strategy Matters 3. Measuring Wealth: Time Value of Money 4. Value-Driven Management PART II. CAPITAL INVESTMENT CHOICE 5. Measuring Investment Value: You Can Trust NPV 6. Alternate Measures of Capital Investment Desirability 7. Ranking Mutually Exclusive Investments PART III. ESTIMATING CASH FLOWS 8. Measuring Incremental Cash Flows 9. Taxes and Foreign Investments 10. Inflation and Capital Investment Analysis PART IV. RISK AND INVESTMENT CHOICE 11. Introduction to Risk Analysis 12. Single Investment Risk Analysis 13. Risk from the Company Perspective: Capital Budgeting with Consideration of Firm Risk Reduction Effects 14. Risk from the Shareholders' Perspective: Using CAPM in Capital Budgeting 15. Arbitrage Pricing Theory, Option Pricing Theory, and Capital Budgeting PART V. FINANCING DECISIONS AND REQUIRED RETURN. 16. Cost of Capital 17. Capital Structure and Value 18. Capital Structure Decisions 19. Dividend Policy and Investment Decisions 20. Interactions Between Investment and Financing Decisions 21. Lease Analysis 22. Capital Rationing PART VI. SPECIAL TOPICS 23. Capital Budgeting in Nonprofit Organizations 24. Multicriteria Capital Budgeting and Linear Programming 25. Mergers

About the Author :
Neil Seitz has been Dean of the School of Business and Administration at Saint Louis University since 1993. He received degrees from Findlay College, the University of Hawaii, and Ohio State University. Before entering academics, he worked briefly in inventory planning and then acquisition analysis. After teaching at Florida Atlantic University, he joined the finance faculty of Saint Louis University in 1975. He has published six books in a total of 11 English editions, plus one translation, and has published numerous articles as well. He has also consulted with and contributed to executive development programs for companies spanning the United States, Europe, South America, Australia, and Asia. His primary areas of academic interest are capital investment choice and the management of risk, such as foreign exchange risk, credit risk, and interest rate risk. His most recent book, Capital Budgeting and Long-Term Financing Decisions, 3d. ed., was published by Dryden Press in 1999. He currently serves on the boards of Magna Investment Funds and Inroads. He also serves on the advisory boards for the Initiative for a Competitive Inner City and Rosati-Kain High School. He serves as chairman of the oversight committee for the Beijing Program of the Association of Jesuit Business Schools. Mitch Ellison is the Dean of the Business School at Quincy University. In addition, he has teaching responsibilities within the school as a Professor of Finance and Accounting. He earned his Ph. D. in Finance from Saint Louis University. Mitch is a Chartered Financial Analyst, a Certified Public Accountant, a Certified Management Accountant and is Certified in Financial Management. He has extensive experience in merger and acquisition analysis acting as an independent analyst for over twenty consummated or initiated deals. Mitch serves as consultant in strategic planning, executive compensation, and in various SEC and FASB implementation issues. Additionally, he is co-author of Capital Budgeting and Long Term Financial Decisions, Third Edition, with Neil Seitz as primary author.


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Product Details
  • ISBN-13: 9780324258080
  • Publisher: Cengage Learning, Inc
  • Publisher Imprint: South-Western
  • Edition: Revised edition
  • Language: English
  • Spine Width: 41 mm
  • Width: 188 mm
  • ISBN-10: 0324258089
  • Publisher Date: 08 Jan 2004
  • Binding: Hardback
  • Height: 239 mm
  • Returnable: N
  • Weight: 1544 gr


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