Part One: Value
1 Introduction to Corporate Finance
2 How to Calculate Present Values
3 Valuing Bonds
4 The Value of Common Stocks
5 Net Present Value and Other Investment Criteria
6 Making Investment Decisions with the Net Present Value Rule

Part Two: Risk
7 Introduction to Risk and Return
8 Portfolio Theory and the Capital Asset Pricing Model
9 Risk and the Cost of Capital

Part Three: Best Practices in Capital Budgeting
10 Project Analysis
11 Investment, Strategy, and Economic Rents
12 Agency Problems, Compensation, and Performance Measurement

Part Four: Financing Decisions and Market Efficiency
13 Efficient Markets and Behavioral Finance
14 An Overview of Corporate Financing
15 How Corporations Issue Securities

Part Five: Payout Policy and Capital Structure
16 Payout Policy
17 Does Debt Policy Matter?
18 How Much Should a Corporation Borrow?
19 Financing and Valuation

Part Six: Options
20 Understanding Options
21 Valuing Options
22 Real Options

Part Seven: Debt Financing
23 Credit Risk and the Value of Corporate Debt
24 The Many Different Kinds of Debt
25 Leasing

Part Eight: Risk Management
26 Managing Risk
27 Managing International Risks

Part Nine: Financial Planning and Working Capital Management
28 Financial Analysis
29 Financial Planning
30 Working Capital Management

Part Ten: Mergers, Corporate Control, and Governance
31 Mergers
32 Corporate Restructuring
33 Governance and Corporate Control Around the World

Part Eleven: Conclusion
34 Conclusion: What We Do and Do Not Know about Finance