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Case Problems in Finance William E. Fruhan

Case Problems in Finance By William E. Fruhan

Case Problems in Finance by William E. Fruhan


Summary

Designed for the course in Finance taught to finance majors at both the MBA and undergraduate level. This work presents cases, which are grouped by topics: financial analysis and forecasting, cost of capital, working capital management, capital budgeting, dividend policy, debt policy, financial execution, and mergers and restructuring.

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Case Problems in Finance Summary

Case Problems in Finance by William E. Fruhan

The primary course for this book is the case course in Finance taught to all finance majors at both the MBA and undergraduate level. This is typically a capstone course at the undergraduate level and either the first or second course at the MBA level. Case Problems in Finance is a Harvard case course that presents real business situations that pose debatable alternative courses of action. The cases contain problems that can be narrowed but not always settled by the usual techniques of financial analysis. The cases are grouped by major topics: financial analysis and forecasting, cost of capital, working capital management, capital budgeting, dividend policy, debt policy, financial execution, and mergers and restructuring.

Table of Contents

PART I. FINANCING CURRENT OPERATIONS Introductory Assessing a Company's Future Financial Health Estimating Funds Requirements: Short-Term Courses of Finance Secular Growth Seasonal Needs Cyclical Needs Cash Budgeting Financial Forecasting Bank Financing PART II. LONG-TERM FINANCING AND LIABILITY MANAGEMENT Debt Policy Earnings Impact of Leverage Target Debt Policy Costs of Financial Distress Impact of Leverage on Distributable Funds Debt Policy in a Dynamic Context Flexibility and Sequencing Capital Market Efficiency and Security Pricing Valuing Cash Flows Weak and Semi-Strong Efficiency Insider Trading and Strong-Form Efficiency Information Asymmetrics and Mispricings Cash Distributions and Market Signaling Dividend Designing Securities to Match Investor Needs: Private vs. Public Debt Derivative Instruments and Risk Management Basic Derivative Instruments Insuring with Options Commodity Price Risk: Diversification vs Insurance Currency Risk: Insurance vs Hedging Interest Rate Risk: Hedging with Swaps Financial Execution Equity-Linked Securities Sourcing Funds Globally: Debt Sourcing Funds Globally: ADRs PART III. VALUATION AND INVESTMENT Investment Decisions Discounted Cash Flow Techniques Identifying Incremental Cash Flows Valuing Projects Cross-Border Valuation Real Options Cost of Capital Risk and the Opportunity Cost of Capital Cost of Capital Theory Use of the WACC in a Multi-Divisional Context Mergers, Acquisitions, Restructurings, and Corporate Governance Valuing Projects and Businesses Valuing Companies Initial Public Offerings Hostile Takeovers Changing Strategies by Acquisition Highly Leveraged Transactions Debt Restructuring and Event Risk Value-bases Management PART IV. REVIEW AND SYNTHESIS Comprehensive Overview Appendix Tax Table Note on Investment Tax Credit Present Value Tables

Additional information

CIN0256145962G
9780256145960
0256145962
Case Problems in Finance by William E. Fruhan
Used - Good
Paperback
McGraw-Hill Education - Europe
19970101
848
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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