8/21/2011

Corporate Finance 9th Edition (McGraw-Hill/Irwin Series in Finance, Insurance and Real Estate) Review

Corporate Finance 9th Edition (McGraw-Hill/Irwin Series in Finance, Insurance and Real Estate)
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I needed this for a corporate finance course at Wayne State. The book seemed decent to me. Easy enough to read for a textbook. Yes, it's dry and not a particularly fun read but what do you expect, it's a finance textbook! I learned some important concepts. The material coupled with the professor's lectures and practice problems seemed adequate to me and I got an A in the course.

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Corporate Finance, by Ross, Westerfield, and Jaffe emphasizes the modern fundamentals of the theory of finance, while providing contemporary examples to make the theory come to life.The authors aim to present corporate finance as the working of a small number of integrated and powerful intuitions, rather than a collection of unrelated topics.They develop the central concepts of modern finance: arbitrage, net present value, efficient markets, agency theory, options, and the trade-off between risk and return, and use them to explain corporate finance with a balance of theory and application.The well-respected author team is known for their clear, accessible presentation of material that makes this text an excellent teaching tool.The ninth edition has been fully updated to reflect the recent financial crisis and is now accompanied by Connect, an exciting new homework management system.

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