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008			081217s1994 enka |b 001 0 eng d
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020			_a0131158821
039		9	_a202302141339 _bshakra _c201402040113 _dVLOAD _c201005231101 _dmalmash _c200812171001 _dmusallam _y200812170805 _zmusallam
050	0	0	_aHG4028.C4 _bL48 1994
100	1		_aLevy, Haim. _910794
245	1	0	_aCapital investment and financial decisions / _cHaim Levy and Marshall Sarnat.
250			_a5th ed.
260			_aNew York : _bPrentice Hall, _c1994.
300			_axviii, 782 p. : _bill. ; _c23 cm.
504			_aIncludes bibliographical references and index.
505			_aCAPITAL BUDGETING. The Goal of the Firm. Capital Budgeting: An Overview. The Economic Evaluation of Investment Proposals. Net Present Value Versus Internal Rate of Return. Using Cash Flows to Evaluate Investments. Traditional Measures of Investment Worth. Managing Working Capital. RISK AND UNCERTAINTY. Foundations of Risk Analysis. Measuring Risk. Applications of Risk Analysis. Decreasing Risk by Diversification: The Portfolio Approach. The Capital Asset Pricing Model and Arbitrage Pricing Theory. LONG-TERM FINANCIAL DECISIONS. Financial Leverage. Capital Structure and Valuation. Bankruptcy Risk and the Choice of Financial Structure. Defining the Cost of Capital. Measuring the Cost of Capital. Dividend Policy. Options and Futures. The Lease or Buy Decision. Mergers. International Financial Management. Appendices. Index.
520			_atextbook for students of corporate finance, capital budgeting, financial management, and financial theory. Blending theory and practice, it describes the practical applications of the modern theory of finance to realistic corporate decisions, made in uncertain environments, with particular reference to the allocation of the firm's long-term capital resources. This revised and updated edition (fourth was 1990) adds a new chapter on short-term working capital management. A substantial revision of a bestseller by two prominent authors, this book focuses on the practical application of the modern theory of finance to realistic corporate decisions, with an emphasis on the allocation of a firm's long-term capital resources. Includes new chapters on short term working capital management and new examples throughout. Offering a unique blend of theory and practice, Capital Investment and Financial Decisions describes the practical application of the modern theory of finance to realistic corporate decisions, made in uncertain environments, with particular reference to the allocation of the firm's long-term capital resources. In the fifth edition: A new chapter on short-term working capital management; real-world examples have been incorporated throughout the textbook to enhance the student's understanding of the material presented as well as increase the student's awareness of the material being discussed; consistent with the current low inflationary environment, inflation has been incorporated in the relevant chapters rather than an entire chapter being devoted to the topic; new problems and mini-cases have been added to every chapter; the relevant changes in the US tax code have been incorporated; the discussion of capital market theory has been updated to reflect current and ongoing research in this area; and boxed articles from the financial media are quoted, emphasizing the relevance of the studied material. Capital Investment and Financial Decisions, Fifth Edition
650		0	_aCapital investments. _91725
650		0	_aBusiness enterprises _xFinance. _91699
700	1		_aSarnat, Marshall. _910795
942			_2lcc _n0 _cBK
999			_c3870 _d3870