Fundamentals of Corporate Finance, 4/e (AE-Paperback)
暫譯: 企業財務基礎,第四版 (AE-平裝本)
Robert Parrino , Thomas Bates , Stuart L. Gillan , David S. Kidwell
- 出版商: Wiley
- 出版日期: 2019-03-01
- 定價: $1,580
- 售價: 9.8 折 $1,548
- 語言: 英文
- 頁數: 792
- ISBN: 1119586569
- ISBN-13: 9781119586562
-
其他版本:
Fundamentals of Corporate Finance, 5/e (IE-Paperback)
商品描述
●Improved Content, Presentation, and Organization
In preparing this edition of Fundamentals of Corporate Finance, we extensively edited discussions throughout the text and added new content to improve the depth and effectiveness of the presentation. We also substantially modified the layout of the text to enhance the accessibility of the content in on line applications, such as Wiley PLUS. The changes that we made to the content and writing are too numerous to discuss in detail here. However, examples include the addition of more in-text calculations related to cash flows associated with working capital and long term investments in Chapter 3, the addition of a new section on arithmetic versus geometric returils in Chapter 7, and streamlining of some of bond calculation discussions in Chapter 8. Throughout the text we added callouts for the Leaming by Doing Applications and Decision Making Examples to improve the flow of the presentation. We also added two new ethics cases, one on pricing in the pharmaceutical industry and a second on the controversy at Wells Fargo regarding the stablishment of new accounts without customer permission. These new cases, along with updated versions of six of the ethics cases from the previous edition, provide the instructor with a broad range ethical issues from which to choose.
●Current Financial Market and Business Information
Throughout the text, all financial market and business information for which more current data are available have been updated. Not only have the exhibits been updated, but financial values such as interest rates, risk premia, and foreign currency exchange rates have been updated throughout the discussions in text, in-text examples, and end-of-chapter problems. In addition, all of the chapter opener vignettes have either been replaced or updated. Six of these examples are from 2016 and 15 are from 2017. All of the chapter openers provide timely examples of how the material covered in the chapter is relevant to financial decision-making.
●In-Chapter Features
The Learning Objectives at the beginning of each chapter have been revised to more fully reflect the important content in the associated sections of the chapters. New Building Intuition Boxes have been added where appropriate and existing Building Intuition Boxes have been edited to ensure clarity. All Learning by Doing Applications have been reviewed and, where appropriate, updated or replaced. All Decision-Making Examples have been reviewed and updated where necessary. The Summary of Learning Objectives and Key Equations at the end of each chapter have been updated to reflect changes in the chapter text and to improve the pedagogical value of these features.
●Refined and Extended Problem Sets
We have carefully edited the end-of-chapter questions and problems throughout the book t:O ensure that the examples are current and clearly presented. New Self-Study Problems, Discussion Questions, and Questions and Problems have been added to ensure appropriate coverage of key concepts at all levels of difficulty. The total number of end-of-chapter questions and problems, including self-study problems and self-test questions, for the entire text has increased to l,200.
●Engaging Digitally
Fundamentals of Corporate Finance, Fourth Edition, is completely integrated with WileyPLUS, featuring a suite of teaching and learning resources developed under the close review of the authors. Driven by the same basic beliefs as the textbook, WileyPLUS allows students to create a personalized study plan, assess their progress along the way, and access the content and resources needed to master the material. WileyPLUS provides immediate insight to student strengths and problem areas with visual reports that highlight what's most important for both the instructor and student.
商品描述(中文翻譯)
● 改進的內容、呈現和組織
在準備《企業財務基礎》第四版時,我們對文本中的討論進行了廣泛的編輯,並新增內容以提高呈現的深度和效果。我們還大幅修改了文本的佈局,以增強在網上應用程序(如 Wiley PLUS)中內容的可訪問性。我們對內容和寫作所做的更改數量繁多,無法在此詳細討論。然而,舉例來說,包括在第三章中增加了與營運資本和長期投資相關的現金流計算,新增了第七章中有關算術與幾何報酬的部分,以及簡化了第八章中某些債券計算的討論。在整個文本中,我們為「實作學習應用」和「決策範例」添加了提示,以改善呈現的流暢性。我們還新增了兩個倫理案例,一個是關於製藥行業的定價,另一個是關於富國銀行在未經客戶許可的情況下開設新帳戶的爭議。這些新案例,以及從前一版更新的六個倫理案例,為教師提供了廣泛的倫理問題供選擇。
● 當前金融市場和商業資訊
在整個文本中,所有可用的最新金融市場和商業資訊均已更新。不僅展覽已更新,金融數值如利率、風險溢價和外幣匯率在文本討論、文本示例和章末問題中均已更新。此外,所有章節開頭的小插曲均已被替換或更新。這些示例中有六個來自2016年,15個來自2017年。所有章節開頭提供了及時的示例,顯示該章節所涵蓋的內容與金融決策的相關性。
● 章內特色
每章開頭的學習目標已修訂,以更全面地反映相關章節的重要內容。根據需要新增了「建立直覺框」並編輯了現有的「建立直覺框」以確保清晰性。所有的「實作學習應用」均已審查,並在適當的情況下進行更新或替換。所有的「決策範例」也已審查並在必要時更新。每章結尾的學習目標和關鍵方程式摘要已更新,以反映章節文本的變更並提高這些特色的教學價值。
● 精煉和擴展的問題集
我們仔細編輯了全書的章末問題和題目,以確保示例是最新的且清晰呈現。新增了自學問題、討論問題以及問題和題目,以確保在各個難度層級上對關鍵概念的適當覆蓋。整本書的章末問題和題目的總數,包括自學問題和自我測試問題,已增加到1,200個。
● 數位互動
《企業財務基礎》第四版與 WileyPLUS 完全整合,提供一套在作者的密切審查下開發的教學和學習資源。WileyPLUS 以與教科書相同的基本信念為驅動,允許學生創建個性化的學習計劃,評估他們的進度,並訪問掌握材料所需的內容和資源。WileyPLUS 提供即時的洞察,幫助學生了解自己的優勢和問題區域,並以視覺報告突顯對教師和學生最重要的內容。
目錄大綱
1 The Financial Manager and the Firm
2 The Financial System and the Level of Interest Rates
3 Financial Statements, Cash Flows, and Taxes
4 Analyzing Financial Statements
5 The Time Value of Money
6 Discounted Cash Flows and Valuation
7 Risk and Return
8 Bond Valuation and the Structure of Interest Rates
9 Stock Valuation
10 The Fundamentals of Capital Budgeting
11 Cash Flows and Capital Budgeting
12 Evaluating Project Economics
13 The Cost of Capital
14 Working Capital Management
15 How Firms Raise Capital
16 Capital Structure Policy
17 Dividends, Stock Repurchases, and Payout Policy
18 Business Formation, Growth, and Valuation
19 Financial Planning and Managing Growth
20 Options and Corporate Finance
21 International Financial Management
Appendix A Future Value and Present Value Tables A-1
Appendix B Solutions to Odd Problems
目錄大綱(中文翻譯)
1 The Financial Manager and the Firm
2 The Financial System and the Level of Interest Rates
3 Financial Statements, Cash Flows, and Taxes
4 Analyzing Financial Statements
5 The Time Value of Money
6 Discounted Cash Flows and Valuation
7 Risk and Return
8 Bond Valuation and the Structure of Interest Rates
9 Stock Valuation
10 The Fundamentals of Capital Budgeting
11 Cash Flows and Capital Budgeting
12 Evaluating Project Economics
13 The Cost of Capital
14 Working Capital Management
15 How Firms Raise Capital
16 Capital Structure Policy
17 Dividends, Stock Repurchases, and Payout Policy
18 Business Formation, Growth, and Valuation
19 Financial Planning and Managing Growth
20 Options and Corporate Finance
21 International Financial Management
Appendix A Future Value and Present Value Tables A-1
Appendix B Solutions to Odd Problems