Part I. Financial Markets and Financial Instruments
1. Raising Capital
2. Debt Financing
3. Equity Financing
Part II. Valuing Financial Assets
4. Portfolio Tools
5. Mean-Variance Analysis and the Capital Asset Pricing Model
6. Factor Models and the Arbitrage Pricing Theory
7. Pricing Derivatives
8. Options
Part III. Valuing Real Assets
9. Discounting and Valuation
10. Investing in Risk-Free Projects
11. Investing in Risky Projects
12. Allocating Capital and Corporate Strategy
13. Corporate Taxes and the Impact of Financing On Real Asset
Valuation
Part IV. Capital Financial Structure
14. How Taxes Affect Financing Choices
15. How Taxes Affect Dividends and Share Repurchases
16. Bankruptcy Costs and Debt Holder-Equity Holder Conflicts
17. Capital Structure and Corporate Strategy
Part V. Incentives, Information, and Corporate
Control
18. How Managerial Incentives Affects Financial Decisions
19. The Information Conveyed by Financial Decisions
20. Mergers and Acquisitions
Part VI. Risk Management
21. Risk Management and Corporate Strategy
22. The Practice of Hedging
23. Interest Rate Risk Management
University of California at Los Angeles, Ph.D. Yale Mark Grinblatt
is Professor of Finance at UCLAs Anderson School, where he
currently serves as chair of the Finance area, and where he began
his career in 1981. He is also a director on the board of Salomon
Swapco, Inc., a consultant to numerous firms, and serves as an
associate editor of Journal of Financial and Quantitative Analysis.
From 1987 to 1989, Professor Grinblatt was a visiting professor at
the Wharton School and while on leave from UCLA in 1989 and 1990,
he was a vice-president for Salomon Brothers, Inc., valuing complex
derivatives for the fixed income arbitrage trading group in the
firm. Professor Grinblatt is a noted teacher at UCLA, having been
awarded teacher of the year in 1993 for UCLAs Fully-Employed MBA
Program by a vote of the students. This award was based on his
teaching of a course designed around early drafts of this textbook.
Professor Grinblatts areas of expertise include investments,
performance evaluation of fund managers, fixed income markets,
corporate finance and derivatives.
The Walter W. McAllister Centennial Chair in Financial Services at
the University of Texas. He is also a research associate of the
National Bureau of Economic Research and a consultant to a number
of firms. Professor Titman began his academic career in 1980 at
UCLA, where he served as the department chair for the finance group
and as the vice chairman of the UCLA management school faculty. He
designed executive education programs in corporate financial
strategy at UCLA and the Hong Kong University of Science and
Technology, based on material developed in this book.
Ask a Question About this Product More... |