This book contains several features designed to make it easy for the student to understand, absorb and apply the concepts and techniques presented.

Concept Check: A unique feature of this book is the inclusion of Concept Checks in the body of the text. These self-test questions and problems enable the student to determine whether he or she has understood the preceding material. Detailed solutions are provided at the end of each chapter.

Current Event Boxes: Short articles from business periodicals are included in boxes throughout the text. The articles are chosen for relevance and clarity of presentation.

Excel Applications: This edition features boxed Excel Spreadsheet Applications. These sample spreadsheets are presented in the text with an interactive version and related questions available on the book’s OLC at www.mhhe.com/au/bodie

Summary and End-of-Chapter Problems: At the end of each chapter; a detailed summary outlines the most important concepts presented. The problems that follow the summary progress from simple to challenging and many are taken from CFA examinations. These represent the kinds of questions that professionals in the field believe are relevant to the ‘real world’ and are indicated by an icon in the text margin.

Websites: Another feature in this edition is the inclusion of website addresses. The sites have been chosen for relevance to the chapter and for accuracy so students can easily research and retrieve financial data and information.

Internet Exercises; E-Investments: These exercises provide students with a structured set of steps to fi nding fi nancial data on the Internet. Easy to follow instructions and questions are presented so students can utilise what they have learned in class in today’s web driven world.

Relevant chapters contain problems directly incorporating the Educational version of Market Insight, a service based on Standard and Poor’s renowned COMPUSTAT® database. Problems are base on real market data to gain a better understanding of practical business solutions.