Principles Of Corporate Finance

Describes the theory and practice of corporate finance. The authors show how managers use financial theory to solve practical problems and as a way of learning how to respond to change by showing not just how but why companies and management act as they do. They bring fresh expertise and ideas to this textbook and partnership.

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 problems.

Principles of Corporate Finance is the worldwide leading text that describes the theory and practice of corporate finance. Throughout the book, the authors show how managers use financial theory to solve practical problems and as a way to respond to change by showing not just how, but why companies and management act as they do. This text is a valued reference for thousands of practicing financial managers. The Tenth Edition has been rewritten, refreshed, and fully updated to reflect the recent financial crisis and is now accompanied by Connect Finance, an exciting new homework management system.

Now in its Twelfth Edition, Principle of Corporate Finance continues to be one of the most comprehensive and authoritative presentations of financial theory and practice available. The book has been substantially revised and now reflect some recent developments in the financial markets or company practice. It also aims to explain aspects of theory and concepts from an Indian perspective. This is a leading text worldwide and has proven to be useful to students and financial managers alike. Salient Features: - Real-life examples and citations - Detailed coverage of contemporary topics such as Efficient Markets, Peer-to-Peer Lending, Crowdfunding, Behavioural Finance, Ethical Behaviour, Hidden Leverage and Managing International Risks - Dedicated Chapter on What We Do Know and What We Do Not Know about Finance: Discussion on seven major ideas and the ten unsolved problems of finance - Finance on the Web and Beyond the Page sections give students the opportunity to explore financial websites, learn more about key concepts, try out calculations and understand tables and figures

This guide gives students a complete learning resource. It includes solutions to all Practice Problems and Challenge Problems from the text, an introduction to each chapter, key concepts, examples, chapter summaries, and chapter exercises with solutions.

The Solutions Manual, prepared by Bruce Swensen of Adelphi University, contains solutions to all end of chapter problems for easy reference.

With the additional contribution of Look Chan Ho, an expert in the field of corporate finance, this thoroughly revised and updated second edition of Ferran's 'Principles of Corporate Finance Law' explores the relationship between law and finance.