Stephen A. Ross,
Massachusetts Institute of Technology Randolph W. Westerfield,
University of Southern California Bradford D. Jordan,
University of Kentucky
ISBN: 0072439749 Copyright year: 2003
Overview
Fundamentals of Corporate Finance (FCF) is written with one strongly held principle- that corporate finance should be developed and taught in terms of a few integrated, powerful ideas. As such, there are three basic themes that are the central focus of the book:
An emphasis on intuition-underlying ideas is discussed in general terms and then by way of examples that illustrate in more concrete terms how a financial manager might proceed in a given situation.
A unified valuation approach-net present value (NPV) is treated as the basic concept underlying corporate finance. Every subject covered is firmly rooted in valuation, and care is taken to explain how particular decisions have valuation effects.
A managerial focus-the authors emphasize the role of the financial manager as decision maker, and they stress the need for managerial input and judgment.
Fundamentals of Corporate Finance is primarily written for the undergraduate corporate finance course, which may also be called financial management or business finance. To better meet customer's needs, there are two versions of the text: The Standard Edition and the Alternate Edition. The Standard Edition includes 22 core chapters; The Alternate Edition includes all of the 22 chapters in the Standard Edition, plus 4 additional chapters covering more advanced topics: Risk Management: An Introduction to Financial Engineering, Option Valuation, Mergers and Acquisitions, and Leasing. The ISBN for the Standard Edition is 0072545836. The ISBN for the Alternate Edition is 0072553073. Both books come with free access to Standard & Poor's Educational Version of Market Insight, a Student CD-ROM, and Powerweb for Corporate Finance.
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