Trust the market-leading author team that is first in finance to help put your students on the forefront of understanding today's corporate finance and financial management. Brigham/houston's fundamentals of financial management, twelfth edition offers a unique balance of clear concepts, contemporary theory and practical applications in a dynamic text that continues to set the standard for quality, reliability, accuracy and innovation. The renowned author team's emphasis on time value of money (tvm) is now repositioned, allowing students to immediately begin using the concepts after learning them. The book's strong foundation in the basics is punctuated with timely real-world examples, proven end-of-chapter applications, integrated cases and excel spreadsheet models that make it easier for students to understand the how and why of corporate budgeting, financing and working capital decision making. The latest financial innovations continue throughout a comprehensive support package prepared by the text authors to ensure reliable consistency.part i: introduction to financial management an overview of financial managementpart ii: fundamental concepts in financial management financial markets and institutions financial statements, cash flow and taxes analysis of financial statements time value of moneypart iii: financial assets interest rates bonds and their valuation risk and rates of return stocks and their valuationpart iv: investing in long-term assets: capital budgeting the cost of capital the basics of capital budgeting cash flow estimation and risk analysis real options and other topics in capital budgetingpart v: capitaltrust the market-leading author team that is first in finance to help put your students on the forefront of understanding today's corporate finance and financial management. - from Amzon