What is corporate finance? -- Setting the stage -- Accounting statements and cash flows -- Common-size, common-base year, and ratio analysis -- "I will gladly pay you $2 tomorrow for $1 today" : the time value of money -- Present and future value -- Compounding and interest rate conversion : when what you've got isn't what you need -- Payment composition and amortization schedules -- Valuation -- Valuing bonds -- Valuing stocks -- Valuing projects : the capital-budgeting decision rules -- Where do interest rates come from? : risk, return, and the cost of capital -- Measuring risk and return -- Calculating beta -- Analyzing the security market line -- The weighted average cost of capital -- Advanced topics in corporate finance -- Estimating future cash flows -- Scenario analysis and sensitivity analysis -- Option valuation.