ASWATH DAMODARAN is Professor of Finance at New York University's Leonard N. Stern School of Business. He has been the recipient of numerous awards for outstanding teaching, including the NYU university-wide Distinguished Teaching Award, and was named one of the nation's top business school teachers by Business Week in 1994. In addition, Damodaran teaches training courses in corporate finance and valuation at many leading investment banks. His publications include Damodaran on Valuation; Investment Valuation; Corporate Finance; Investment Management; and Applied Corporate Finance, all published by Wiley, and The Dark Side of Valuation.

Preface

Acknowledgements

Chapter 1 The Foundations

Chapter 2 The Objective in Decision Making

Chapter 3 The Basics of Risk

Chapter 4 Risk Measurement and Hurdle Rates in Practice

Chapter 5 Measuring Return on Investments

Chapter 6 Project Interactions, Side Costs, and Side Benefits

Chapter 7 Capital Structure: Overview of the Financing Decision

Chapter 8 Capital Structure: The Optimal Financial Mix

Chapter 9 Capital Structure: The Financing Details

Chapter 10 Dividend Policy

Chapter 11 Analyzing Cash Returned to Stockholders

Chapter 12 Valuation: Principles and Practice

Appendix 1

Appendix 2

Appendix 3

Appendix 4