Stephen A. Ross is a distinguished economist and finance scholar whose work has profoundly shaped our understanding of financial economics. His academic career, spanning prestigious institutions like Yale and MIT, highlights a lifelong dedication to advancing financial theory. Ross is recognized for his contributions to asset pricing models and his exploration of the intricate relationship between risk and return. His intellectual legacy continues to inspire generations of students and researchers in the financial field.
Focusing on essential concepts, this book is tailored for MBA students and designed to be covered in a single term. It emphasizes practical applications over theoretical complexities, minimizing extensive calculations to highlight intuitive principles. Central to the content is the concept of net present value, which ties together various topics in corporate finance. The text underscores the financial manager's role in decision-making, emphasizing the importance of managerial judgment in valuation-related decisions. Specialized topics are reserved for advanced courses.
The story follows Luke Garrett, a top sniper with a dark past, and his spotter Chuck Reagan, both retired SEALs seeking peace. Their tranquility is disrupted when the CIA recruits them to eliminate Carlos "El Lobo" Quintana, a ruthless drug lord linked to immense suffering and death. Faced with the moral dilemma of returning to a violent life for a noble cause, Luke and Chuck must decide if they will accept this dangerous mission and confront the challenges that lie ahead.
Places emphasis on the fundamentals of the theory of finance and provides contemporary examples. This book develops the central concepts of finance such as arbitrage, net present value, efficient markets, agency theory, and the trade-off between risk and return, and uses them to explain corporate finance with a balance of theory and application.
The Solutions Manual contains detailed, worked-out solutions for all of the problems in the end of chapter material. It has also been revised for accuracy by multiple sources. It is also available for purchase by students. The Solutions Manual is prepared by Joseph Smolira, Belmont University.
Essentials of Corporate Finance, 7th edition by Ross, Westerfield, and Jordan is written to convey the most important concepts and principles of corporate finance at a level that is approachable for a wide audience. The authors retain their modern approach to finance, but have distilled the subject down to the essential topics in 18 chapters. They believe that understanding the "why" is just as important, if not more so, than understanding the "how," especially in an introductory course. Three basic themes emerge as their central focus: An emphasis on intuition--separate and explain the principles at work on a common sense, intuitive level before launching into specifics. Underlying ideas are discussed first in general terms, then followed by specific examples that illustrate in more concrete terms how a financial manager might proceed in a given situation. A unified valuation approach--Net Present Value is treated as the basic concept underlying corporate finance. Every subject the authors cover is firmly rooted in valuation, and care is taken to explain how decisions have valuation effects. A managerial focus--Students learn that financial management concerns management. The role of financial manager as decision maker is emphasized and they stress the need for managerial input and judgment.
Practical Business Math Procedures, 7e continues to provide complete coverage of practical business applications of math, organized in a logical and teachable format, with unique and motivating pedagogy, and a market leading supplements package. Carefully written and developed to provide both procedural details in a step-by-step format, and superb motivation via Wall Street Journal and Kiplinger Personal Finance Magazine articles, colorful format, photos, and scrapbook projects, this text is a winner! This edition continues the “24-HOUR STUDENT HOTLINE” that has received over 50,000 student calls. Jeff Slater is a teacher and author of several leading titles in math and accounting, and his dedicated work on PBMP has made it the most reliable, trustworthy, and widely used text.
An adaptation of the hugely successful Corporate Finance text by Ross, Westerfield, Jaffe and Jordan aimed specifically at courses outside the United States. Covering the core and emerging topics in an engaging and effective way makes this text a must have for all students studying corporate finance.
