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(More customer reviews)This text was a requirement for my Chartered Financial Analyst exam, and it has been one of the few texts that I have decided to keep on my bookshelf. It does a wonderful job of making basic financial subjects like time value of money and capital structure lucid and easy to understand. I only wish more finance professors would use it in their classrooms rather than the dry, pedantic texts they've been using! Just having an academic text that speaks plain English is a boon for students, and "Fundamentals of Corporate Finance" excels in that respect.
Click Here to see more reviews about: Fundamentals of Corporate Finance (McGraw-Hill/Irwin Series in Finance, Insurance, and Real Est)
The best-selling "Fundamentals of Corporate Finance" (FCF) is written with one strongly held principle - that corporate finance should be developed and taught in terms of a few integrated, powerful ideas. As such, there are three basic themes that are the central focus of the book: an emphasis on intuition - underlying ideas are discussed in general terms and then by way of examples that illustrate in more concrete terms how a financial manager might proceed in a given situation; an unified valuation approach - net present value (NPV) is treated as the basic concept underlying corporate finance. Every subject covered is firmly rooted in valuation, and care is taken to explain how particular decisions have valuation effects; and a managerial focus - the authors emphasize the role of the financial manager as decision maker, and they stress the need for managerial input and judgment. The Ninth Edition continues the tradition of excellence that has earned "Fundamentals of Corporate Finance" its status as market leader. Every chapter has been updated to provide the most current examples that reflect corporate finance in today's world.The supplements package has been updated and improved, and with the new Excel Master online tool, student and instructor support has never been stronger.--This text refers to an out of print or unavailable edition of this title.
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