Corporate Finance - Grand Format

With a consistency in presentation and an innovative set of learning aids that have set the standard since the first edition, Corporate Finance simultaneously meets the needs of both future financial managers and non-financial managers. Now in its sixth edition, this text represents the subject as the application of a set of simple yet powerful ideas and provides essential intellectual tools that enable students to make good financial decisions.
Bridging theory and practice with pedagogical tools like notation boxes, timelines, Excel boxes, spreadsheet tables, and numbered and labeled equations, Corporate Finance helps students master jargon, math, and non-standardized notations. Key Features - Discussions on global topics like supply chains during COVID-19, stakeholder and ESG concerns, cryptocurrencies and price bubbles, Bernard Madoff's Ponzi scheme, diversification benefits during market crashes, and SPACs as an alternative to IPOs - Finance in Times of Disruption boxes focus on financial crises and disruptions and illustrate the lessons learned from the sovereign debt crisis, the COVID-19 pandemic, and the global financial crisis - Common Mistakes boxes that highlight mistakes in different situations like when hedging risk, manipulating the IRR with financing computing variance, covariance, and correlation in excel, or when misinterpreting start-up valuations - Interview boxes that feature interviews with leaders on topics like Goldman Sachs's decision to become a bank holding company, the role of public stock markets like Nasdaq in economic growth, the best practices for financial managers, differences between cryptocurrency and fiat currencies, and the features of drug R&D that make investment decisions at Merck challenging - Concept Check questions that test students' understanding of topics discussed in the chapter and end-of-chapter problems written by Jonathan Berk and Peter DeMarzo - Data Cases on different business settings, with questions that encourage in-depth analysis Available separately for purchase is MyLab Finance for Corporate Finance, the teaching and learning platform that empowers instructors to personalize learning-for every student.
When combined with Pearson's trusted educational content, this optional suite helps deliver the desired learning outcomes. This edition's MyLab Finance and eTextbook encourage students to use yield curve and corporate data analysis tools, the annuity calculator, and the portfolio optimizer to engage with concepts and data better.