BASIC FINANCE: AN INTRODUCTION TO FINANCIAL INSTITUTIONS, INVESTMENTS, AND MANAGEMENT uses a proven "modular" approach to help you learn finance concepts quickly and easily. Plus, this edition is enhanced with numerous Internet references, calculator exercises, and tie-ins with Microsoft ® Excel, so you'll be on your way to using the technologies professionals use in the corporate world every day.

Part I: FINANCIAL INSTITUTIONS.
1.The Role of Financial Markets.
2.Investment Banking.
3.Securities Markets.
4.Financial Intermediaries.
5.The Federal Reserve.
6.International Currency Flows.

Part 2: FINANCIAL TOOLS.
7. The Time Value of Money.
8. Risk and Its Measurement.
9. Analysis of Financial Statements.

Part 3: INVESTMENTS.
10. The Features of Stock.
11. Stock Valuation.
12. The Features of Long-Term Debt--Bonds.
13. Bond Pricing and Yields.
14. Preferred Stock.
15. Convertible Securities.
16. Investment Returns.
17. Investment Companies.

Part 4: CORPORATE FINANCE.
18. Forms of Business and Corporate Taxation.
19. Break-Even Analysis and the Payback Period.
20. Leverage.
1. Cost of Capital.
2. Capital Budgeting.
23. Forecasting.
24. Cash Budgeting.
25. Management of Current Assets.
26. Management of Short-Term Liabilities.
27. Intermediate-Term Debt and Leasing.

Part 5: DERIVATIVES.
28. Options: Puts and Calls.
29. Futures.

Appendix A: Interest Factors for the Future Value of One Dollar.
Appendix B: Interest Factors for the Present Value of One Dollar.
Appendix C: Interest Factors for the Future Value of an Annuity of One Dollar.
Appendix D: Interest Factors for the Present Value of an Annuity of One Dollar.
Appendix E: Using Excel to Solve Financial Problems
Appendix F: Answers to Selected Problems.