Fundamentals of Corporate Finance

by Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan

Book Overview

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. 3) A managerial focus the authors emphasize the role of the financial manager as decision maker, and they stress the need for managerial input and judgment. The Eleventh Edition continues the tradition of excellence that has earned Fundamentals of Corporate Finance its status as market leader. McGraw-Hill s adaptive learning component, LearnSmart , provides assignable modules that help students master chapter core concepts and come to class more prepared. In addition, resources within Connect help students solve financial problems and apply what they ve learned. Ross Fundamentals intuitive approach, managerial focus, and strong end-of-chapter content combine with a complete digital solution to help your students achieve higher outcomes in the course."

• Format: Hardcover
• Language: English
• ISBN: 0077861701
• ISBN13: 9780077861704
• Release Date: February 2015
• Publisher: McGraw-Hill Education
• Length: 1008 Pages
• Weight: 3.96 lbs.
• Dimensions: 1.5" x 8.2" x 10.0"
• Grade Range: Postsecondary

Customer Reviews

I like the book

I like the book. It is easy to understand, and contains hints on how to use financial calculator, which is useful to handle real problems. Also the service is satisfied. The product was delivered on time.

katz

Wow! Great! Excellent! Amazing etc.., the list can continue.This is one book that any starter in finance area will want to learn from. Its a power-packed source of information for any student who is just starting to learn finance, however if you are already a pro in finance, then don't even considering this book because you'll finish reading the entire book in a couple of weeks. I used this book for my exams preparation along with brealey myers text and the combination simply pushed my rank into the outstanding bracket. This book is particularly useful for the following chapters: 5. Introductio to valuation: time value of money 6. Discounted cash flow - Interesting chapter opening 7. Interest Rates and Bond Valuation - Great Derivations 8. Stock Valuation - Once again great derivation on formula's 9-11: Capital budgeting - will be useful to only absolute starters. I liked the material in Brealey Myers text, it is more advanced 12. Some lessons from corporate market history 13. Return,Risk and Security Market Line 15. Cost of Capital 19-21: Short Term Finance - Best coverage, though not complete in all respects. Finally one honest note, I didn't know how to produce PV/FV/Annuity tables by myself before I bought this book. Now I able to produce them all by myself. I you want to dig deeper in finance, just like I am doing, then I suggest you buy this book and principles of corporate finance by brealey myers.This book will provide you with the base that is needed to cover the other book that I mentioned.

Good Book

I am new to Finance aspects. This book very well served the purpose. Thank you

Excellent textbook

This text is for intermediate level business and finance students, and is very informative and well written. I read it two times with great pleasure. It is not boring, even for those outside the field (I must admit I did not work the problems though!). I highly recommend it.

A very effective tool for introducing Corporate Finance.

I have used this text in two corporate finance courses that I have taken at university and it was very helpful in allowing me to understand the concepts that were being presented in class.