The best-selling Fundamentals of Corporate Finance (FCF) is written
with one strongly held principle- that corporate finance should be
developed and taught in terms of a few integrated, powerful ideas.
As such, there are three basic themes that are the central focus of
the book: 1) An emphasis on intuition--underlying ideas are
discussed in general terms and then by way of examples that
illustrate in more concrete terms how a financial manager might
proceed in a given situation. 2) A unified valuation approach--net
present value (NPV) is treated as the basic concept underlying
corporate finance. Every subject covered is firmly rooted in
valuation, and care is taken to explain how particular decisions
have valuation effects. 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 Ninth Edition continues the tradition of excellence that has
earned Fundamentals of Corporate Finance its status as market
leader. Every chapter has been updated to provide the most current
examples that reflect corporate finance in today's world. The
supplements package has been updated and improved, and with the new
Excel Master online tool, student and instructor support has never
The Alternate Edition includes 6 more chapters than the
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