Corporate Finance: Core Principles and Applications, 2e, by Ross, Westerfield, Jaffe and Jordan was written to convey the most important corporate finance concepts and applications at an approachable level. This makes RWJJ an ideal choice for a first course at the MBA level or for more advanced undergraduate courses. The concise format, managerial context and design, and student-friendly writing style are key attributes in this text. RWJJ Core Principles introduces and covers the essentials, while leaving more specialized topics to follow-up courses. This text distills the subject of corporate finance down to its core, while also maintaining a decidedly modern approach. The well-respected author team is known for their clear, accessible presentation of material that makes this text an excellent teaching tool. In the second edition, through extensive revisions, the coverage of Dividends and Payouts has taken on a cutting edge approach. The authors have also updated or rewritten essentially all of chapter opening vignettes, in-chapter real-world examples, and The Real World readings. Based on user feedback, the end-of-chapter cases have been re-focused to concentrate on a single company giving consistency throughout the text.