Stephen A. Ross,
Massachusetts Institute of Technology Randolph W. Westerfield,
University of Southern California Bradford D. Jordan,
University of Kentucky
ISBN: 0073405132 Copyright year: 2008
What's New
Every chapter has been evaluated and revised to provide the most up to date information and current examples. This provides relevance and interest for both students and instructors. Key content updates and additions include:
New material providing additional explanation of alternative formulas for sustainable and internal growth rates. Clears up common misunderstanding about these formulas and the circumstances under which alternative formulas are correct (chapter 3).
New material on the price-sales ratio emphasizes their usefulness in cases where companies have negative earnings.(chapter 3)
Up-to-date discussion of NASD’s new TRACE system and transparency in the bond market. (chapter 6)
Up-to-date discussion of major stock market operations like NYSE and Nasdaq (chapter 7)
New material on BAPCPA includes a brief discussion of the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act. (chapter 13)
Up-to-date discussion of IPOs, including the 1999-2000 period. (chapter 15)
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 will also be noted with the appropriate learning objective which correlates the problem to the chapter content.
Enhanced cartridges for Blackboard, WebCT, and other LMS systems allow instructors to manage their course and administer online examinations. Some of the new features include:
Pre-test and Post-test Question Banks: Instructors can administer comprehensive and chapter-specific pre-test and post-tests to evaluate students’ understanding of the material.
Narrated PowerPoint: Each chapter slides follow the chapter topics and provide steps and explanations for how to solve those topics using real-life examples. Knowing that each student learns differently, a quick click on each slide talks the students through the contents. Students can view the slides via their computer or download them to their iPod!
Interactive FinSims: Each module highlights a key concept of corporate finance form the book and simulates how to solve it, asking the student to input certain variables. This hands-on approach guides students though difficult and important corporate finance topics.
Chapter Overviews: Concise recap of what students should learn from each chapter. A great reading prep assignment!
Online Glossary: Key terms and their definitions in a ready to use format. Can be used by students as a study tool or can be used to create a mix and match quiz.
Test Bank which has been updated by Kay Johnson, Penn State Erie, now includes tagging to the learning objectives in the book and for AACSB standard where applicable. In addition, new questions have been added. Users of this text, will be provided with an Alternate test bank after one year to provide even more testing options.
End of chapter problems have been revised, and new “challenge” problems have been added in many of the chapters.
New multiple-choice format option for end of chapter problems in Homework Manager. Based on user feedback, we have provided the end of chapter problems in multiple choice format to give instructors more options when assigning homework problems.
Mini-Cases are now located 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.
“Reality Bytes” boxes have been updated to provide instructors and students with the most current information available. The chapter opening vignettes and in-text examples have also been thoroughly updated for a modern presentation.
To obtain an instructor login for this Online Learning Center, ask your local sales representative.
If you're an instructor thinking about adopting this textbook, request a free copy for review.
2008 McGraw-Hill Higher Education