This web site is designed to support "Corporate Finance: Theory and Practice". The publisher is John Wiley and Sons. You can navigate the site by either going to individual chapters and getting supporting material by chapter, or by going to the supporting material directly. On a personal note, I would like to apologize for a particulary buggy first printing. If you have one, please download the update to it by clicking here. The supporting material include:
You can read the preface to the book by clicking here. You can also look at a readers' guide by clicking here and at the corrections in the first printing here; if you have a later printing, these errors should have been fixed. If you are an instructor using this book, please click here.
Spreadsheets | Overheads | Concept Checks | Datasets | References |
Solutions | Derivations and Discussion | Critical Thinking | Real Companies, Real Time | Powerpoint Presentations |
Overheads
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Introduction to Corporate Finance |
Companies: Background |
Topic | Details |
Overheads | Download as pdf file |
In Practice (Illustrations) | In Practice 2.1: Analyzing Two Boards: Boeing and Home Depot |
Answers to Concept Checks/ Critical Thinking | |
Data Sets | |
Spreadsheets | |
Solutions to Problems | Download as pdf file |
Derivations, In-Practice Questions and Discussion |
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Readings | |
Real Companies, Real Time | Analyzing a Company's Corporate Governance Structure |
Topic | Details |
Overheads | Download as pdf file |
In Practice (Illustrations) |
In
Practice 11.1: Nominal and Real Cash Flows - Effects on NPV |
Answers to Concept Checks/ Critical Thinking | |
Data Sets | ctryprem.xls: Country risk premiums, by country, that can be used to adjust discount rates. |
Spreadsheets | currconv.xls: Estimate expected exchange rates, based upon purchasing power parity. |
Solutions to Problems | Download as pdf file |
Derivations, In-Practice Questions and Discussion | |
Readings | |
Real Companies, Real Time | Analyzing Inflation and International Risk |
Topic | Details |
Overheads | Download as pdf file |
In Practice (Illustrations) |
In
Practice 15.1: Estimating the returns and NPV on an existing investment |
Answers to Concept Checks/ Critical Thinking | |
Data Sets | EVA.xls: Summarizes, by sector, returns on equity and capital as well as costs of equity and capital. |
Spreadsheets | cfroi.xls:
Estimate the CFROI for a firm. evacalc.xls: Estimate the economic value added for a firm. |
Solutions to Problems | Download as pdf file |
Derivations, In-Practice Questions and Discussion | |
Readings | |
Real Companies, Real Time | Analyzing A Firm's Existing Investments |
Topic | Details |
Overheads | Download as pdf file |
In Practice (Illustrations) |
In
Practice 16.1: Cash Flows on a Lease versus Buy Decision |
Answers to Concept Checks/ Critical Thinking | |
Data Sets | |
Spreadsheets | convbond.xls: Decompose a convertible bond into debt and equity components. |
Solutions to Problems | Download as pdf file |
Derivations, In-Practice Questions and Discussion | |
Readings | |
Real Companies, Real Time | Analyzing A Firm's Current Financing Choices |
Topic | Details |
Overheads | Download as pdf file |
In Practice (Illustrations) |
In
Practice 17.1: The Initial Public Offering for United Parcel Service |
Answers to Concept Checks/ Critical Thinking | |
Data Sets | finUS.xls: There is a dataset on the web that has aggregate internal and external financing, for US firms, from 1975 to the present. |
Spreadsheets | rights.xls: Estimate the ex-rights price and the value per right, in a rights issue |
Solutions to Problems | Download as pdf file |
Derivations, In-Practice Questions and Discussion | |
Readings | |
Real Companies, Real Time | Examining a Firm's Financial Transitions |
Topic | Details |
Overheads | Download as pdf file |
In Practice (Illustrations) |
In
Practice 18.1: The Debt Trade Off at Boeing, the Home Depot and InfoSoft |
Answers to Concept Checks/ Critical Thinking | |
Data Sets | |
Spreadsheets | |
Solutions to Problems | Download as pdf file |
Derivations, In-Practice Questions and Discussion | |
Readings |
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Real Companies, Real Time | Capital Structure Choices |
Topic | Details |
Overheads | Download as pdf file |
In Practice (Illustrations) | |
Answers to Concept Checks/ Critical Thinking | |
Data Sets | divUS.xls: Dividend yields and payout ratios for U.S. companies from 1960 to the present. |
Spreadsheets | |
Solutions to Problems | Download as pdf file |
Derivations, In-Practice Questions and Discussion | |
Readings | |
Real Companies, Real Time | The Trade Off on Dividend Policy |
Topic | Details |
Overheads | Download as pdf file |
In Practice (Illustrations) |
In
Practice 23.1: Dividends versus Equity Repurchases |
Answers to Concept Checks/ Critical Thinking | |
Data Sets |
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Spreadsheets |
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Solutions to Problems | Download as pdf file |
Derivations, In-Practice Questions and Discussion | |
Readings | |
Real Companies, Real Time | Choosing between different ways of returning cash to the stockholders |
Topic | Details |
Overheads | Download as pdf file |
In Practice (Illustrations) |
In
Practice 26.1: A Status Quo Valuation of Digital |
Answers to Concept Checks/ Critical Thinking | |
Data Sets |
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Spreadsheets |
synergy.xls:
Estimate the approximate value of synergy in a merger or acquisition. |
Solutions to Problems | Download as pdf file |
Derivations, In-Practice Questions and Discussion | |
Readings | |
Real Companies, Real Time | Acquisition Analysis |
Overheads
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The Lessons of Corporate Finance |
Companies: Background |
Topic | Chapters |
The Objective of the Firm | Chapter 2 |
Tools for Corporate Finance | Chapter 3-5 |
Measuring Risk in Investments | Chapter 6-7 |
Measuring Returns on Investments | Chapters 8-15 |
Capital Structure | Chapter 16-20 |
Dividend Policy | Chapter 21-23 |
Valuation | Chapter 24-25 |
Mergers and Acquisitions | Chapter 26 |
Real Options | Chapter 27 |
2 | 3 | 4 | 5 | 6 | ||
7 | 8 | 9 | 10 | 11 | 12 | |
13 | 14 | 15 | 16 | 17 | 18 | |
19 | 20 | 21 | 22 | 23 | 24 | |
25 | 26 | 27 | ||||