This volume will introduce the reader to basic topics of corporate finance. The notes will provide an integrative model that will help students evaluate projects, examine financing alternatives and assess a firm.With problems and detailed solutions at the end of each chapter, this volume will also greatly benefit financial managers and investors. Corporate finance is a discipline from the firm's perspective and addresses the concerns of the Chief Financial Officer of the firm. Additionally, investors need to understand why firms make certain decisions so that they better recognize what drives firm value.These lecture notes assume no previous knowledge of finance, and are written in conversational style that makes the topics more accessible and easy to comprehend and absorb.

This course of lectures introduces students to elementary concepts of corporate finance using a more systematic approach than is generally found in other textbooks.Axioms are first highlighted and the implications of these important concepts are studied afterwards. These implications are used to answer questions about corporate finance, including issues related to derivatives pricing, state-price probabilities, dynamic hedging, dividends, capital structure decisions, and risk and incentive management. Numerical examples are provided, and the mathematics is kept simple throughout.In this second edition, explanations have been improved, based on the authors' experience teaching the material, especially concerning the scope of state-price probabilities in Chapter 12. There is also a new Chapter 22: Fourteen Insights./a

These lecture notes are developed for an introductory course in corporate finance based on the ``Fundamentals of Corporate Finance'' textbook by Robert Parrino and David Kidwell. However, these notes share material with my corporate finance II & III lecture notes. Thus, this text can serve as a refresher when taking intermediate or advanced corporate finance courses.Two key features of these lecture notes are employed to facilitate classroom interaction and enhance learning. First, questions are embedded throughout these notes without answers. This allows class participants an opportunity to respond. It also provides readers an opportunity to pause and check their understanding. Second, some numerical examples are referenced but excluded from the student edition of the notes. This encourages students to attend class and take notes as the instructor works through numerical examples. These notes cover a broad range of topics including the role of financial managers, the financial system and interest rate levels, reading and analyzing financial statements, time value of money, risk and return, stock and bond evaluation, capital budgeting, and cost of capital considerations. Readers may be interested in ``Lecture Notes in Finance: Corporate Finance II,'' lecture notes for the second undergraduate course in corporate finance and ``Lecture Notes in Finance: Corporate Finance III,'' lecture notes for the graduate course in corporate finance. For more information feel free to contact the author, David J. Moore, at [email protected].

Greetings. It is my wish that these notes equip the reader in at least two ways. First, I would like the reader to gain knowledge in identifying ways to improve operating, investing, and financing activities. Second, I would like the reader to learn the use of tools for project selection, project risk assessment, and project risk management.These lecture notes were designed to supplement, not replace, the text by Brigham and Daves (2010). Throughout the notes you will find questions to check your understanding of the material. These questions also foster classroom interaction. Also, I have intentionally left out numerical example details to encourage note taking during class. Numerical examples will be worked in class so you can fill in the blanks. These lecture notes are organized into three parts. Part I covers the fundamental concepts of financial management. The concepts range from risk and return calculations to financial statement analysis. Part II utilizes the concepts of Part I to forecast financial statements, compute the cost of capital, and to make decisions that increase corporate value.While Part II is focused on broader issues in corporate value, Part III is focused on project selection concepts. Part III includes detailed discussions on project selection criteria, project risk assessment, and managing project risk using real options.

Corporate finance is the area of finance that studies the determinants of firms' values, including capital structure, financing, and investment decisions. Although there are several excellent texts in corporate finance, this is the first to focus on the theoretical foundations of the subject in a consistent and integrated way at the Ph.D. level. In addition to a textbook for advanced graduate students, it can also serve as a general reference to researchers and sophisticated practitioners. The material presented is carefully selected with an eye to what is essential to understanding the underlying theory, ensuring that this text will remain useful for years to come. The book is divided into three parts. The first section presents the basic principles of valuation based on the absence of arbitrage, including a discussion of the determinants of the optimal capital structure based on the seminal results of Modigliani and Miller. The second section discusses the implications of agency problems and information asymmetries to capital structure, giving particular attention to payout policy and to debt contract design. The concluding portion presents different ways of restructuring capital, including going public, going private using stock repurchases or leveraged buyouts, and mergers and acquisitions. Each chapter includes exercises that vary in difficulty, with suggested solutions provided in an appendix. This book will assuredly be the standard doctoral- and professional-level explication of corporate finance theory and its appropriate applications.

Aswath Damodaran, distinguished author, Professor of Finance, and David Margolis, Teaching Fellow at the NYU Stern School of Business, has delivered the newest edition of Applied Corporate Finance. This readable text provides the practical advice students and practitioners need rather than a sole concentration on debate theory, assumptions, or models. Like no other text of its kind, Applied Corporate Finance, 4th Edition applies corporate finance to real companies. It now contains six real-world core companies to study and follow. Business decisions are classified for students into three groups: investment, financing, and dividend decisions.

Greetings. For those who have taken Corporate Finance I and Corporate Finance II you will see these notes are consistent with my previous notes in the series. These notes are intended for MBA level courses in corporate finance. Many of the topics of Corporate Finance I and II are reiterated in this text but with more depth. Also, additional topics such as capital structure and equivalent annual cost are included.It is my wish that these notes equip the reader in at least three ways. First, I would like the reader to gain knowledge in identifying ways to improve operating, investing, and financing activities. Second, I would like the reader to learn the use of tools for project selection, project risk assessment, and project risk management. Third, I would like the reader to become familiar with the implications of debt vs. equity financing.Throughout the notes you will find questions to check your understanding of the material. These questions foster classroom interaction. Also, I have intentionally left out numerical example details to encourage note taking during class. Numerical examples will be worked in class so you can fill in the blanks. These lecture notes are organized into three parts. Part I covers the fundamental concepts of financial management including the financial manager's role, corporate governance, the time value of money, bond valuation, stock valuation, and risk and return. Part II utilizes the concepts of Part I to analyze and forecast forecast financial statements, compute the cost of capital, and to increase awareness of the debt vs. equity choice.While Part II is focused on broader issues in corporate value, Part III is focused on project selection concepts. Part III includes detailed discussions on project selection criteria, project risk assessment, and managing project risk using real options.