1st Edition

The Fundamental Principles of Finance

By Robert Irons Copyright 2020
224 Pages 19 B/W Illustrations
by Routledge

224 Pages 19 B/W Illustrations
by Routledge

224 Pages 19 B/W Illustrations
by Routledge

Finance is the study of value and how it is determined. Individuals, small businesses and corporations regularly make use of value determinations for making strategic decisions that affect the future outcomes of their endeavors. The importance of accurate valuations cannot be overestimated; valuing assets too highly will lead to investing in assets whose costs are greater than their returns,... Read more

1. The Fundamental Principles of Finance 2. Time Value of Money 3. Risk and Return 4. The Term Structure of Interest Rates 5. Bonds and Bond Valuation 6. Stocks and Stock Valuation 7. Capital Budgeting Decision Methods 8. Capital Structure and the WACC 9. Analyzing and Forecasting Financial Statements 10. Finance Within the Firm 11. Legal and Ethical Issues in Finance 12. Financial Markets and Institutions

Biography

Robert Irons, PhD, is Associate Professor of Finance at Illinois Wesleyan University, USA. He has taught undergraduate and MBA students for over 20 years and is published in numerous academic journals, including the Journal of Investing and the Journal of Portfolio Management. Prior to teaching full time, Dr. Irons worked as a financial analyst for such firms as AT&T and United Airlines.

"The Fundamental Principles of Finance by Dr. Robert Irons addresses the basics of financial management in a way that makes finance and investment strategy accessible even to those of us who regularly struggle with math and money." — Dr. Jim Twombly, Professor of American Politics, Elmira College, New York, U.S.A.

"The Fundamental Principles of Finance covers a wide range of topics related to financial management in a very well-structured fashion. It defines and explicates the relevant concepts for a beginner in financial management. It seamlessly transitions from the conceptual framework to succinct definitions and practical applications and exercises. It is a great introductory textbook in this area." — Dr. Khalid Razaki, Professor of Accounting, Brennan School of Business, Dominican University, Illinois, U.S.A.