This texts builds on the tradition of excellence that instructors and students have come to associate with the Ross, Westerfield and Jordan series. It blends comprehensive coverage of modern research with an emphasis on practical applications. Written with one strongly held principle that corporate finance should be developed and taught in terms of a few integrated, powerful ideas, three basic …
The best-selling Fundamentals of Corporate Finance (FCF) has three basic themes that are the central focus of the book: 1) An emphasis on intuition—the authors separate and explain the principles at work on a common sense, intuitive level before launching into any specifics. 2) A unified valuation approach—net present value (NPV) is treated as the basic concept underlying corporate finance.…