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Fundamentals of Corporate Finance

Fundamentals of Corporate Finance

3rd Edition

by Peter DeMarzoVito Mollica Jonathan Berk and others
Paperback
Publication Date: 28/09/2017

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Combining respected authors with a problem solving approach.

This edition of Fundamentals of Corporate Finance continues to use guided problem solutions to help students apply problems solving methodology and real life financial problems help students practice and connect to real world financial decisions.

With updated standards, examples, exercises and statistics and common mistake boxes students are provided with a current text that enables them to build knowledge while building their problem solving and decision making skills.

Features

To bridge theory and practice the following features have been included:

  • Valuation Principle is presented as the foundation of all financial decision making. It is introduced in Chapter 3 and revisited in the part openers and integrated throughout the text. 
  • Guided Problem Solutions (GPS) breaks the solution process into three steps: plan, execute and evaluate. This aids comprehension, and demonstrates the importance of interpreting the mathematical solution. 
  • Personal Finance GPS examples showcase the use of financial analysis in everyday life 
  • Finance in Focus boxes highlight contemporary examples of how theory works in the real world, impacting business problems and company practices
  • Common Mistake boxes alert students to frequently made mistakes stemming from misunderstanding core concepts and calculations 
  • Notation boxes define the variables and the acronyms used in the chapter and serves as a ‘legend’ for reference 
  • Numbered and labelled equations. The first time a full equation is given in notation form, it is numbered. Key equations are titled and revisited in the summary and in end papers 
  • Timelines are emphasised as the important first step in solving every problem that involves cash flow 
  • Using Excel boxes describe Excel techniques and include screenshots to serve as a guide 
  • Financial calculator instructions with keystrokes for HP-10BII and TI BAII Plus Professional, highlight this problem-solving tool 
  • Concept Check questions at the end of each section enable students to test their understanding 
  • End-of-chapter problems allow students to practise and build confidence
  • Data Cases present in-depth scenarios in a business setting with questions designed to guide students’ analysis 
  • Integrative Cases present a capstone extended problem with a scenario and data for students to analyse based on that subset of chapters
ISBN:
9781488611001
9781488611001
Category:
Corporate finance
Format:
Paperback
Publication Date:
28-09-2017
Publisher:
Pearson Education Australia
Country of origin:
Australia
Edition:
3rd Edition
Pages:
776
Dimensions (mm):
275x220x25mm
Weight:
1.88kg
Peter DeMarzo

Peter DeMarzo is the Mizuho Financial Group Professor of Finance and Senior Associate Dean for Academic Affairs at Stanford Graduate School of Business. He is also a Research Associate at the National Bureau of Economic Research.

He currently teaches MBA and PhD courses in Corporate Finance and Financial Modelling. Prior to Stanford, he taught at the Haas School of Business and the Kellogg Graduate School of Management, and he was a National Fellow at the Hoover Institution. Professor DeMarzo received the Sloan Teaching Excellence Award at Stanford in 2004 and 2006 and the Earl F. Cheit Outstanding Teaching Award at the University of California, Berkeley, in 1998.

Professor DeMarzo has served as an Associate Editor for The Review of Financial Studies, Financial Management, and the B.E. Journals in Economic Analysis and Policy, as well as a Director of the American Finance Association. He is currently President of the Western Finance Association.

Professor DeMarzo has received numerous awards for his research including the Western Finance Association Corporate Finance Award and the Barclays Global Investors/Michael Brennan Best Paper Award from The Review of Financial Studies.

Vito Mollica

Vito Mollica is Senior Lecturer and Director of Higher Degree Research at the Macquarie Graduate School of Management. He received his PhD in economics from the University of Sydney and was awarded a Marie Curie Fellowship from Aarhus University.

Before joining academia, Dr Mollica was a foundation team member of a property funds management group specialising in residential real estate investment and research.

Currently, he teaches in the MBA and masters programs at Macquarie University. Dr Mollica’s research has been published in leading finance and accounting journals including ABACUS, Journal of Futures Markets, and Accounting, Auditing and Accountability Journal.

Jonathan Berk

Jonathan Berk is the A.P. Giannini Professor of Finance at the Graduate School of Business, Stanford University, and is a Research Associate at the National Bureau of Economic Research. Prior to Stanford, he was the Sylvan Coleman Professor of Finance at the Haas School of Business at the University of California, Berkeley, where he taught the introductory Corporate Finance course.

Before earning his PhD from Yale University, he worked as an associate at Goldman Sachs, where his education in finance really began. His research has won a number of awards including the TIAA-CREF Paul A. Samuelson Award, the Smith Breeden Prize, Best Paper of the Year in The Review of Financial Studies, and the FAME Research Prize.

His paper ‘A Critique of Size-Related Anomalies’ was selected as one of the two best papers ever published in The Review of Financial Studies. In recognition of his influence on the practice of finance, he has received the Bernstein Fabozzi/Jacobs Levy Award, the Graham and Dodd Award of Excellence, and the Roger F. Murray Prize. He served as an Associate Editor of the Journal of Finance for eight years and is currently an Advisory Editor at the journal.

Jarrad Harford

Jarrad Harford is the Marion B. Ingersoll Professor of Finance at the University of Washington. Prior to Washington, Professor Harford taught at the Lundquist College of Business at the University of Oregon. He received his PhD in Finance with a minor in Organisations and Markets from the University of Rochester. Professor Harford has taught the core undergraduate finance course, Business Finance, for over 13 years, as well as an elective in Mergers and Acquisitions, and ‘Finance for Non-financial Executives’ in the executive education program.

He has won numerous awards for his teaching, including the UW Finance Professor of the Year (2010), Interfraternity Council Excellence in Teaching Award (2007 and 2008), ISMBA Excellence in Teaching Award (2006), and the Wells Fargo Faculty Award for Undergraduate Teaching (2005).

He is also the Faculty Director of the UW Business School Undergraduate Honors Program. Professor Harford serves as an Associate Editor for The Journal of Financial Economics, Journal of Financial and Quantitative Analysis and Journal of Corporate Finance.

Guy Ford

Guy Ford is a Professor and Director of the MBA program at the University of Sydney Business School. He was previously an Associate Professor in Finance at the Macquarie Graduate School of Management, where he also held various roles including Interim Dean, Deputy Dean and Director of Programs.

Professor Ford has designed and delivers MBA and executive education programs in the areas of financial analysis, financial management, strategic finance, and mergers and acquisitions. His research centres on risk assessment and risk management in financial institutions. Prior to academia, he worked in various roles in the Group Treasury of the Commonwealth Bank of Australia.

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