Timothy J. Gallagher, Colorado State University
Joseph D. Andrew, Jr.

Publisher: Prentice Hall
Copyright: 2003
Format: Cloth Bound w/CD-ROM

ISBN-10:	0131768824
ISBN-13:	9780131768826

Our Price: £67.99
Status: Not Yet Published
Estimated Availability: 20 Dec 2002

This unique author team—one academic, one a full-time financial practitioner—presents the latest in financial theory while maintaining a strong real-world connection. Engaging students with humor and an attractive layout, the text is student-focused yet does not water down content. This substantive and concise presentation demonstrates that finance is important, dynamic, interesting, and fun, with a direct benefit to students personally. Its consistent approach focuses on value: what creates value, what destroys it, how value is measured, and how value and risk are related.

I. THE WORLD OF FINANCE.

II. ESSENTIAL CONCEPTS IN FINANCE.

III. LONG-TERM FINANCIAL MANAGEMENT DECISIONS.

IV. SHORT-TERM FINANCIAL MANAGEMENT DECISIONS.

V. FINANCE IN THE GLOBAL ECONOMY.

• NEW - Web-based Interactive Modules—Integrated in the text, these provide extensions of the material presented in the text, such as interactive graphs, video material, and Excel spreadsheets, as well as links.

  • Helps students interact with material they are directed to on the Web in ways not possible on a printed page.

• NEW - Revised and reorganized Stock Bond Valuation Chapter—Now Chapter 12 (was Chapter 9 in 2/e) reflects the rapidly advancing field of business appraisal. Techniques for valuing complete businesses and individual assets have been added.

• NEW - Real Options coverage expanded. In Chapters 10 and 11, this expanded coverage now includes more numerical examples related to abandonment and expansion options. Decision trees are also described.

  • Gives students a real-world context for understanding Real Options.

• NEW - Author written supplements.

  • Provides students with accuracy and cohesiveness that flows throughout the book and package.

• NEW - Prentice Hall's Mastering Finance CD integrated with the text in 12 chapters—Includes video clips and other material; CD is bundled with text.

  • Reinforces concepts in the book.

• NEW - Earlier presentation of the cost of capital (to Chapter 9 from Chapter 12)—Precedes capital budgeting and cash flow estimation chapters.

  • Increases students' preparation for more challenging material that follows.

• NEW - Over 50% of problem material new or revised.

  • Helps students assess their mastery of the subject.

• NEW - Exclusive interviews—With SEC chief accountant, Lynn Turner, talking about important issues relating to Enron and Arthur Andersen.

• Incorporation of Real Options into capital budgeting material—One of the only texts in the market to include a numeric application of this topic.

  • Gives students a real-world context for understanding this important topic.

• NPV approach applied to short-term financial management decisions—Departs from competitors' ratio approach.

  • Gives students the most up-to-date, highly regarded approach to learning this important concept.

• Web-based Interactive Modules—Integrated in the text, these provide extensions of the material presented in the text, such as interactive graphs, video material, and Excel spreadsheets, as well as links.

  • Helps students interact with material they are directed to on the Web in ways not possible on a printed page.

• Revised and reorganized Stock Bond Valuation Chapter—Now Chapter 12 (was Chapter 9 in 2/e) reflects the rapidly advancing field of business appraisal. Techniques for valuing complete businesses and individual assets have been added.

• Real Options coverage expanded. In Chapters 10 and 11, this expanded coverage now includes more numerical examples related to abandonment and expansion options. Decision trees are also described.

  • Gives students a real-world context for understanding Real Options.

• Author written supplements.

  • Provides students with accuracy and cohesiveness that flows throughout the book and package.

• Prentice Hall's Mastering Finance CD integrated with the text in 12 chapters—Includes video clips and other material; CD is bundled with text.

  • Reinforces concepts in the book.

• Earlier presentation of the cost of capital (to Chapter 9 from Chapter 12)—Precedes capital budgeting and cash flow estimation chapters.

  • Increases students' preparation for more challenging material that follows.

• Over 50% of problem material new or revised.

  • Helps students assess their mastery of the subject.

• Exclusive interviews—With SEC chief accountant, Lynn Turner, talking about important issues relating to Enron and Arthur Andersen.