For MBA/graduate students taking a course in corporate finance.
Berk and DeMarzo'sCorporate Finance uses a unifying valuation framework, the Law
Of One Price, to present the core content instructors expect, the new ideas they want, and
the pedagogy their students need to succeed.
Corporate Finance: The Core fits programs and individual professors who desire a
streamlined book that is specifically tailored to the topics covered in the first
one-semester course. For programs and professors who would like to use a text in a two
semester, or more, sequence, please see Corporate Finance, the 31 chapter book also by
Jonathan Berk and Peter DeMarzo.
Part I: Introduction
1 The Corporation
2 Introduction to Financial Statement Analysis
Part II: Tools
3 Arbitrage and Financial Decision Making
4 The Time Value of Money
5 Interest Rates
Part III: Basic Valuation
6 Investment Decision Rules
7 Fundamentals of Capital Budgeting
8 Valuing Bonds
9 Valuing Stocks
Part IV: Risk and Return
10 Capital Markets and the Pricing of Risk
11 Optimal Portfolio Choice and the Capital Asset Pricing Model
12 Estimating the Cost of Capital
13 Investor Behavior and Capital Market Efficiency
Part V: Capital Structure
14 Capital Structure in a Perfect Market
15 Debt and Taxes
16 Financial Distress, Managerial Incentives, and Information
17 Payout Policy
Part VI: Valuation
18 Capital Budgeting and Valuation with Leverage
19 Valuation and Financial Modeling: A Case Study
Book with access code