Feature Summary:

• Thorough coverage of financial markets and financial management with the markets coverage presented early in the text, setting this text apart from the competition.
• The text maintains its management focus and theoretical rigor, which means it fits well in elective and advanced undergraduate and graduate courses.
• Chapter and sections are modular in nature, facilitating coverage of parts in different order to suit the needs of the adopter.
• “International Finance in Practice” boxes from the popular press and actual companies show how the concepts being discussed are used in the real world.
• Each chapter contains several numerical examples to more clearly explicate a concept.
• Certified Financial Analyst (CFA) questions appear in the end of chapter material where appropriate.
• Minicases at the end of each chapter help students relate the concepts to realistic situations.