Principles of Finance baixar o livro de graça

Everything your finance course actually covers. Nothing it doesn't.

A complete introduction to corporate finance from an author who has spent more than fifteen years teaching this exact course to executive, graduate, and undergraduate students and watching where they get stuck.

Open most introductory finance textbooks and you'll find the concept you need buried under boxed asides, industry profiles, career sidebars, glossy photographs, and dozens of features assigned by no one and read by no one. The core ideas are in there. Finding them is the problem.

This book contains the core ideas and stops. Every chapter exists because the material in it is essential to understanding finance, and every section within it earns its place. When you sit down to study, you're studying — not sorting signal from filler.

How it's different

Concepts are explained before they're formalized, so you understand what a formula is doing before you're asked to use it. Every worked example is done the way you'll be tested — with financial calculator keystrokes and the underlying formulas, step by step, not a spreadsheet you can't reproduce on an exam. Notation stays consistent from chapter one through chapter twelve, so a symbol never quietly changes meaning halfway through the book. The large-format pages give tables, equations, and worked examples room to breathe instead of breaking across pages.

What's covered

1. An Introduction to Finance — value creation, risk aversion, financial intermediation, markets, business forms, and the principal-agent problem
2. Financial Statements — the balance sheet, the income statement, depreciation, depletion, and amortization
3. Cash Flows — cash vs. earnings, the statement of cash flows, the cash conversion cycle, cash budgeting, free cash flow
4. Financial Statement Analysis — liquidity, leverage and profitability ratios, asset management, the DuPont model, horizontal and vertical analysis
5. Time Value of Money — present and future value, rates and yields, valuing multi-period cash flows
6. Fixed Income Investments — the bond contract, valuation, duration, the yield curve, real vs. nominal rates, how the Federal Reserve manages interest rates
7. Capital Budgeting — NPV, IRR, payback period, and other project selection tools
8. Equity Securities — issuance, SPACs, exchanges, DCF and relative valuation, preferred equity
9. Risk and Return — idiosyncratic and systematic risk and how to measure each, portfolio theory, market history
10. Cost of Equity Capital — the capital market line, the security market line, CAPM
11. Capital Structure — debt vs. equity, financial distress, operating leverage, bankruptcy
12. Risk Management, Derivatives and Options — internal control, hedging, stock options, puts, swaps, synthetic leverage

New in this edition

A full chapter on risk management, derivatives, and options contracts — material that used to be an upper-level topic and is now a standard part of the introductory course. Foundational concepts throughout the book have been given more room where students needed it, with additional explanation and more worked examples. A significant number of errors from the prior edition have been corrected.

About the authors

Gregory Sabin currently teaches accounting and finance at MIT's Sloan School of Management and the Harvard Extension School, with more than fifteen years of full-time teaching experience including previous appointments at Michigan State University, Ohio State University, and Boston University's Questrom School of Business.

Zach Weaver is a financial consultant, author, and journalist, and a former student of this course.

Procurando Principles of Finance? Aqui você encontra tudo sobre este livro de Dr. Gregory Sabin. Nesta página estão a descrição da obra, os detalhes da edição (192 páginas) e os formatos disponíveis para baixar: pdf, mp3, áudio-livro, kindle. Se você gosta de Livros Internacionais, Administração, Negócios e Economia, Finanças, Finanças e Investimentos, explore também outros títulos da mesma categoria no LivrosQualidade. Veja ainda as outras obras de Dr. Gregory Sabin em nosso catálogo.