Corporate Finance: Theory and Practice

This text is application oriented and revolves around the philosophy that all companies need to know how to finance organizations in order to achieve optimal capital structure. Recognizing that every investment decision involves choosing the right amount of debt and equity, the text seeks to teach students to look at data and ask what is relevant. Chapter topics include: integrated applications orientation using real world examples; corporate finance for privately held firms; capital structure; extended cover of dividend policy and valuation; class tested end-of-chapter questions and problems.