TABLE OF CONTENTS:; Part I Strategy and Value; Chapter 1 Long-Term Financial Decisions; Chapter 2 Market Imperfections and Value: Strategy Matters; Chapter 3 Measuring Wealth: Time Value of Money; Chapter 4 Value-Driven Management Integrative Case for Part I: ROLM; Part II Capital Investment Choice; Chapter 5 Measuring Investment Value: You Can Trust NPV; Chapter 6 Alternate Measures of Capital Investment Desirability; Chapter 7 Ranking Mutually Exclusive Investments; Part III Estimating Cash Flows; Chapter 8 Measuring Incremental Cash Flows; Chapter 9 Taxes and Foreign Capital Investments; Chapter 10 Inflation and Capital Investment Analysis Integhrative Case for Part III: Machine Tool Corporation (A); Part IV Risk and Investment Choice; Chapter 11 Introduction to Risk Analysis; Chapter 12 Single Investment Risk Analysis; Chapter 13 Risk from the Company; Perspective: Capital Budgeting with Consideration in Firm Risk Reduction Effects; Chapter 14 Risk from the Shareholders' persvective : using CAPM in Capital Budgeting; Chapter 15 Arbitrage Pricing Theory, Option Pricing Theory, and Capital Budgeting; Integrative Case for Part IV: Callaway (A); Part V Financing Decisions and Required Return; Chapter 16 Cost of Capital; Chapter 17 Capital Structure and Value; Chapter 18 Capital Structure Decisions; Chapter 19 Dividend Policy and Investment Decisions; Chapter 20 Interactions Between Investment and Financing Decisions; Chapter 21 Lease Analysis; Chapter 22 Capital Rationing; Integrative Case of Part V: IBM; Part VI Special Topics; Chapter 23 Capital Budgeting in Nonprofit Organizations; Chapter 24 Multicriteria Capital Budgeting and Linear Programing; Chapter 25 Mergers