Capital budgeting and long-term financing decisions

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