Part 1: Introduction. Goals and governance of the firm ; Financial markets and institutions ; Accounting and finance ; Measuring corporate performance -- Part 2: Value. The time value of money ; Valuing bonds ; Valuing stocks ; Net present value and other investment criteria ; Using discounted cash-flow analysis to make investment decisions ; Project analysis -- Part 3: Risk. Introduction to risk, return, and the opportunity cost of capital ; Risk, return, and capital budgeting ; The weighted-average cost of capital and company valuation -- Part 4: Financing. Introduction to corporate financing ; How corporations raise venture capital and issue securities -- Part 5: Debt and payout policy. Debt policy ; Payout policy -- Part 6: Financial analysis and planning. Long-term financial planning ; Short-term financial planning ; Working capital management -- Part 7: Special topics. Mergers, acquisitions, and corporate control ; International financial management ; Options ; Risk management -- Part 8: Conclusion. What we do and do not know about finance -- Appendix A. Present value and future value tables -- Appendix B. Solutions to selected end-of-chapter problems -- Glossary.