Fundamentals of Corporate Finance, 5/e (IE-Paperback)

本書序言

New and Updated 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. 
• All the Chapter Opener Vignettes have been replaced with updated examples, typically from events in 2020 and 2021. 
• 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. 
• A new feature called Corporate Finance at Work has been includedinselect chapterswhich provides a broader perspective of the content covered in the associated chapter. 

 
Chapter Content Changes: 

• Chapter 3: addition of a new section on international accounting issues which illustrates the differences in the way financial statements are reported between countries. 
• Chapter 6: new case on aggressive marketing of credit cards to college students.    
• Chapter 7: addition of a new section on arithmetic versus geometric returns. New case addressing the controversial rise in executive compensation. 
• Chapter 8: streamlining of some of bond calculation discussions. 
• Chapter 9: new case on insider trading. 
• Chapter 10: new case on sustainability highlighting the increasing focus of automakers on the production of electric vehicles. 
• Chapter 15: new case on company-owned life insurance (COLI) policy—a policy taken out by a company on the life of an employee.    
• Chapter 20: addition of sections on other ways in which firms can manage their risks using forwards, futures, and swaps.   
• Chapter 21: addition of a new section on Islamic finance. 

本書特色

●Chapter Opener Vignettes: Each chapter begins with a vignette that describes a real company or personal application. The vignettes illustrate concepts that will be presented in the chapter and are meant to heighten student interest, motivate learning, and demonstrate the real-life relevance of the material in the chapter. 
●Learning Objectives: The opening vignette is accompanied by learning objectives that identify the most important material for students to understand while reading the chapter. At the end of the chapter, the Summary of Learning Objectives summarizes the chapter content in the context of the learning objectives. 
●Learning by Doing Applications: These applications contain quantitative problems with step-by-step solutions to help students better understand how to apply their intuition and analytical skills to solve important problems. 
●Building Intuition Boxes: These boxes cover the most important concepts in corporate finance along with an intuitive example or explanation to help students "get" the concept and develop financial intuition. 
●Decision-Making Examples: These examples, which emphasize the decision-making process rather than computation, provide students with experience in financial decision making by outlining a scenario and asking the student to make a decision based on the information presented. 
●End-of-Chapter Questions and Problems: Self-Study Problems with solutions, Discussion Questions, Questions and Problems, Excel Problems, CFA Problems, and Sample Test Problems allow students to think through their understanding of key concepts and develop their problem-solving skills.