For MBA/graduate students taking a course in corporate finance
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 ...
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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 ...
Corporate Finance
n o i t a s n e p m o C e r u t u F 20-22 CHAPTER 20 Options and Corporate Finance Boards of directors. holder's payoff function is flat to the left of the face value of the debt, the value of the manager's compensation is downward ...
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.
This text conveys the most important corporate finance concepts and applications at a level that is approachable to the widest possible audience.
"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 ...
Readability and pedagogy are key throughout Essentials 10e. The text is written in a relaxed, conversational style that invites the students to join in the learning process rather than being a passive information absorber.