Fundamentals of Corporate Finance, 2nd Edition
Robert Parrino, David S. Kidwell,
Thomas Bates
ISBN: 978–0–470–87644–2
Available exclusively to Parrino, Kidwell, and Bates adopters is this set of short video clips tied to major topics in corporate finance. The videos come in two forms: News Videos & Concept Review Videos. News Videos serve well as lecture launchers while the documentary–style Concept Review Videos allow students to hear detailed interviews on each topic with senior executives of each firm. Complete with teaching notes and assessment questions to gauge student understanding, these videos provide excellent starting points for lectures and general class discussion.
**Available on WileyPLUS and the Instructor Companion Site
A preview listing of some of the videos included:
Chapter 2: The Financial System and the Level of Interest Rates
News Video – Life and Debt in America: A look at the Treasury Department's Auction Room.
Chapter 4: Analyzing Financial Statements
News Video – Companies engage in the backdating of stock options.
Chapter 5: The Time Value of Money
News Video – Financial journalist Vera Gibbons examines new promotion of $2.99/gal of gas when buying a new car.
Chapter 6: Discounted Cash Flows and Valuation
News Video – The Keeners paid nearly $1.5 million for their home. Now it has lost 30% of its value, and they risk facing foreclosure. Ray Martin gives his perspective.
Chapter 7: Risk and Return
Concept Review Video – Finagle a Bagel: Explore the concepts of risk and return from a variety of events in Finagle a Bagel’s history, from decision to invest in an exciting company to the company’s rapid growth through the economic downturn and recovery.
Chapter 8: Bond Valuation and the Structure of Interest Rates
A. News Video – The Federal Reserve cuts interest rates in an effort to spur bank lending.
B. Concept Review Video – Stock Valuation
Chapter 9: Stock Valuation
A. News Video – Senator Bill Frist sells his ownership of Columbia Healthcare Group.
Centric Capital/MyPortfolio Investing.com
B. Concept Review Video – US Boston Capital: What exactly is the stock market and how stocks are valued? Kathryn Collings Lang, an independent broker/dealer provides insight into how markets and investors go about valuing a stock.
Chapter 10: The Fundamentals of Capital Budgeting
Solar power is being harnessed to power more American homes and businesses than ever before. The high price of solar energy is offset by its long–term paybacks.
Chapter 12: Evaluating Project Economics and Capital Rationing
British fast food chain, Gregg’s, undergoes a business expansion.
Chapter 13: The Cost of Capital
Concept Review Video – Pfizer: Drug research and manufacturing is a risky but potentially profitable business traditionally financed through debt. For Pfizer, debt financing is not a viable policy. How does the company estimate the cost of capital to choose projects and ensure the company remains financial stable?
Chapter 14: Working Capital Management
Concept Review Video &ndash Finagle a Bagel: Explore how the Boston–based bagel retailer and wholesaler balances their financial inputs and outputs to remain financially healthy and growing.
Chapter 15: How Firms Raise Capital
A. News Video – Woman sues Wal–Mart over its life insurance policy on her husband and collects $300,000 at his death.
B. Concept Review Video – The Farmer’s Cow: As consumer demand for natural and local products grows, agricultural producers must consider every option fund for their farms so they can meet the demand and, hopefully, make a living.
Chapter 16: Capital Structure Policy
In 2009, the company acquired drug manufacturer Wyeth; assuming both the debt of Wyeth and taking on new debt to finance the transaction. Amit Singh of the Capital Market Group at Pfizer discusses this change in policy as well as plans to return to a no-debt capital structure.
Chapter 17: Dividends, Stock Repurchases, and Payout Policy
A. News Video – There are benefits to reinvesting dividends back into the stock market.
B. Concept Review Video – Pfizer: Amit Singh, of the Capital Market Group at Pfizer discusses Pfizer's payout policy and the pros and cons of offering dividends versus a corporate stock repurchase.
Chapter 18: Business Formation, Growth, and Valuation
A. News Video – Brenda Franklin, owner of Big Mama’s House of Soul, makes it her mission to succeed in the restaurant business and gets sponsored by Ruth’s Chris Steakhouse.
B. Concept Review Video - US Boston Capital: Kathryn Collings Lang, principal of a leading investment firm, explains the variety of ways and reasons a broker might approach valuing a company. In addition, she specializes in working with entrepreneurs interested in raising capital through an IPO or private investment opportunities.
Chapter 19: Financial Planning and Forecasting
Woman talks about investing her retirement money into raising and breeding alpacas.
Chapter 20: Options and Corporate Finance
A. News Video – Aflac CEO Dan Amos is the first chief executive to let shareholders vote on his executive pay.
B. News Video – Ethics Case: Chairman of the NYSE forced to resign. Controversy over his retirement pay package.
Chapter 21: International Financial Management
News Video – Wal–Mart’s success in China might be good news for U.S. Products.
