About the book

The Teaching and Learning System—a hallmark feature of Principles of Managerial Finance—weaves pedagogy into concepts and practice, giving students a roadmap to follow through the text and supplementary tools. The 15th Edition concentrates on the material students need to know in order to make effective financial decisions in an increasingly competitive business environment. It allows students to make the connections between a firm’s action and its value, as determined in the financial market. With a generous amount of examples, this text is an easily accessible resource for in- and out-of-class learning.

Content:

Part 1. Introduction to Managerial Finance

Part 2. Financial Tools

Part 3. Valuation of Securities

Part 4. Risk and the Required Rate of Return

Part 5. Long-Term Investment Decisions

Part 6. Long-Term Financial Decisions

Part 7. Short-Term Financial Decisions

Part 8. Special Topics in Managerial Finance