Categories Pricing Corporate
Free Textbook

Strategic Financial Management: Exercises

(24 ratings)
1 review
110
Language:  English
By following the same structure as the companion text, this book of exercises and solutions tests your knowledge of Strategic Financial Management.
Download free PDF textbooks or read online. Less than 15% adverts
Business subscription free for the first 30 days, then $5.99/mo
Description
Content
Reviews

By following the same structure as the companion text, this book of exercises and solutions tests your knowledge of Strategic Financial Management. It also develops a number of theoretical concepts outlined in the companion text as a guide to further study.

All the exercises and their solutions are easy to follow. Each chapter begins with a theoretical review of the basic issues to be examined .We then move into the real world of sophisticated, financial analysis. Each chapter also contains commentaries and a summary that provide further insight into current theory and practice, applied to the corporate investment and financial policies of today’s uncertain world.

  1. Part One: An Introduction
  2. Finance – An Overview
    1. Introduction
    2. Exercise 1.1: Modern Finance Theory
    3. Exercise 1.2: The Nature and Scope of Financial Strategy
    4. Summary and Conclusions
  3. Part Two: The Investment Decision
  4. Capital Budgeting Under Conditions of Certainty
    1. Introduction
    2. Exercise 2.1: Liquidity, Profitability and Project PV
    3. Exercise 2.2: IRR Inadequacies and the Case for NPV
    4. Summary and Conclusions
  5. Capital Budgeting and the Case for NPV
    1. Introduction
    2. Exercise 3.1: IRR and NPV Maximisation
    3. Exercise 3.2: Relevant Cash Flows, Taxation and Purchasing Power Risk
    4. Summary and Conclusions
  6. The Treatment of Uncertainty
    1. Introduction
    2. Exercise 4.1: Mean-Variance Analyses
    3. Exercise 4.2: Decision Trees and Risk Analyses
    4. Summary and Conclusions
  7. Part Three: The Finance Decision
  8. Equity Valuation the Cost of Capital
    1. Introduction
    2. Exercise 5.1: Dividend Valuation and Capital Cost
    3. Exercise 5.2: Dividend Irrelevancy and Capital Cost
    4. Summary and Conclusions
  9. Debt Valuation and the Cost of Capital
    1. Introduction
    2. Exercise 6.1: Tax-Deductibility of Debt and Issue Costs
    3. Exercise 6.2: Overall Cost (WACC) as a Cut-off Rate
    4. Summary and Conclusions
  10. Debt Valuation and the Cost of Capital
    1. Introduction
    2. Exercise 7.1: Capital Structure, Shareholder Return and Leverage
    3. Exercise 7.2: Capital Structure and the Law of One Price
    4. Summary and Conclusions
  11. Part Four: The Wealth Decision
  12. Shareholder Wealth and Value Added
    1. Introduction
    2. Exercise 8.1: Shareholder Wealth, NPV Maximisation and Value Added
    3. Exercise 8.2: Current Issues and Future Developments
    4. Summary and Conclusions
The exercises are really very helpful to test one's knowledge and to allow one to construct a personal guide of various concepts for review.
More reviews
About the Author

Robert Alan Hill