Retained Features:

• Incorporates a concept building approach to learning. Chapter sections are intentionally kept short to promote a step-by-step, building block approach to learning. Each section is followed by a series of short concept questions that highlight the key ideas just presented before moving on to new material. Also, the crucial topic of the time value of money is covered in two chapters, allowing for a patient, building block approach. This is a hallmark of the highly successful Ross, Westerfield, Jordan textbooks.
• Learning Objectives, which provide a listing of essential topics at the beginning of each chapter, are identified throughout the chapter and the supplements. End of chapter problems are noted with the appropriate learning objective which correlates the problem to the chapter content.
• Numbered Examples are extensively integrated into the chapters. These examples provide detailed applications and illustrations of the material in a step-by-step format. Each example is completely self-contained so that students don't have to search for additional information. These are valuable learning aids because they provide both detail and explanation.
• Calculator Hints are provided in relevant chapters to help students learn or brush up on their financial calculator skills. There is an appendix (D) with instructions for using the HP-10B and TI BA II Plus Financial Calculators. Spreadsheet Strategies are also included to help students with their Excel spreadsheet skills. This feature appears in self-contained sections and shows students how to set up spreadsheets to analyze common financial problems—a vital part of every business student's education!
• Numerous Internet features, including “ Work the Web” boxes that show students how to research financial issues using the web and how to use the information they find to make business decisions. Web Exercises are in the end of chapter materials, and require students to use the Internet to solve the problem. Web annotations, located in the margins within chapters, specifically accompany text material and provide students and instructors with a quick way to check for current and additional information using the Internet.
• Chapter-Opening Vignettes with Functional Integration Links—each chapter begins with a recent real-world event to introduce students to the chapter concepts. Since many non-finance majors use this text, a brief paragraph linking the vignette and chapter concepts to majors in marketing, management, and accounting is included.
• Mini-Cases are included at the end of each chapter. These cases focus on company situations that reflect important corporate finance topics. Each case presents a new scenario, data, and a dilemma. Several questions at the end of each case require students to synthesize the material they should have learned from the chapter.