This third edition reflects the constantly changing world of finance, including information on the recent financial crisis, new behavioural finance research, and updated practitioner interviews.
Even if the interest on a bond is well below market rates, a bond can still be attractive if it's sold at a heavy discount. If a bond is sold at a premium price, it can still be attractive if it has high interest rates.
The book also includes: A balanced blend of theory and practice from an author team with a presence in academia and business Access to The Vernimmen.com Newsletter, which provides monthly updates on corporate finance to over 60,000 ...
"This book provides a concise and practical treatment of important topics in corporate finance."—Steven N. Kaplan, Neubauer Family Distinguished Service Professor of Entrepreneurship and Finance, University of Chicago Booth School of ...
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The strong five-part framework of the book is supported by integrated online elements and easy-to-read chapter narratives. Premium online teaching and learning tools are available on the MindTap platform.
Corporate Finance
This text conveys the most important corporate finance concepts and applications at a level that is approachable to the widest possible audience.
This readable text provides the practical advice students and practitioners need rather than a sole concentration on debate theory, assumptions, or models.
This is not a book with obscure formulae, yet is still rigorous and at the same time a model of clarity." —RICHARD ROLL, Joel Fried Professor of Applied Finance at UCLA Anderson School of Management
This new international edition provides increased coverage of the procedures for estimating the cost of capital, expanded coverage of risk management techniques and the use and misuse of derivatives, and additional coverage of agency ...