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Summaries of chapters
 
 
Section one: FINANCIAL ANALYSIS
Section two: INVESTMENT ANALYSIS
Section three: CORPORATE FINANCIAL POLICIES
Section four: FINANCIAL MANAGEMENT

Chapter 15The financial markets
Chapter 16The time value of money and net present value (NPV)
Chapter 17The internal rate of return (IRR)
Chapter 18Incremental cash flows and other investment criteria
Chapter 19Measuring value creation
Chapter 20Risk and investment analysis
Chapter 21The risk and return of securities
Chapter 22The cost of equity
Chapter 23From the cost of equity to the cost of capital
Chapter 24The term structure of interest rates

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