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Finance, Insurance & Real EstateManagerial & CorporateFinance - TextbooksNEW*9780077479459*FUNDAMENTALS OFCORPORATE FINANCEAlternate Edition, 10th EditionBy Stephen A Ross, Mass institute of Tech,Randolph W Westerfield, University of SouthernCalifornia and Bradford D Jordan, University ofKentucky-Lexington2013 (January 2012) / 992 pagesISBN: 9780077479459 (Alternate Edition)The best-selling Fundamentals of Corporate Finance (FCF) has threebasic themes that are the central focus of the book:1) An emphasis on intuition—the authors separate and explain theprinciples at work on a common sense, intuitive level before launchinginto any specifics.2) A unified valuation approach—net present value (NPV) is treatedas the basic concept underlying corporate finance.3) A managerial focus—the authors emphasize the role of the financialmanager as decision maker, and they stress the need for managerialinput and judgment.The Tenth Edition continues the tradition of excellence that has earnedFundamentals of Corporate Finance its status as market leader. Everychapter has been updated to provide the most current examples thatreflect corporate finance in today’s world. The supplements packagehas been updated and improved, and with the enhanced ConnectFinance and Excel Master, student and instructor support has neverbeen stronger.New to this editionMcGraw-Hill’s Connect Finance offers a number of powerfultools and features to make managing assignments easier, so youcan spend more time teaching. Students can engage with theircoursework anytime and anywhere, making the learning processmore accessible and efficient. In short, Connect Finance facilitatesstudent learning and optimizes your time and energies, enabling youto focus on course content, teaching, and student learning. Connectfor Ross/Westerfield/Jordan has been expanded with new learningresources for your students.• Create and deliver online, auto-graded homework assignments,quizzes, and tests directly from the end-of-chapter materials ortest bank. Problems are available as both static and algorithmicproblems, and there are also multiple-choice conceptual questions.• Students receive immediate, detailed feedback on their assignments,allowing them to focus on the areas where they needimprovement.• Questions mapped to AACSB skill areas, Bloom’s Taxonomy levels,and difficulty level enable you to run reports that assess specificlearning outcomes.• NEW! LearnSmart ensures your students are learning faster, studyingmore efficiently, and retaining more knowledge. It pinpointsconcepts the student does not understand and maps out a personalizedstudy plan for success. Based on students’ self-diagnosesof their proficiency, LearnSmart intelligently provides studentswith a series of adaptive questions. This provides students with apersonalized one-on-one tutor experience.• NEW! Interactive Applications stimulate critical thinking and reinforcekey concepts, and students receive immediate feedback andcan track their progress in their own report. Students will be askedto “click and drag” specific choices to make decisions, categorize,or put in a time sequence, and then are asked multiple-choice questionsto confirm understanding of the key concepts of the activity.• NEW! Select key problems offer Guided Examples next to theassigned problems to show how to work through a similar problem.Students can learn from this video to then solve their ownassigned problems• Detailed Feedback offers the option to present worked-out solutionsto the problem, showing the students each step of the process.Appropriate chapters and problems include calculator keystrokesolutions in addition to formulas.• A Self Quiz and Study program allows students to evaluate theirperformance through a practice test and then receive recommendationsfor specific readings from the text, supplemental studymaterial, and practice work that will improve their mastery of eachlearning objective.• Pre-built assignments are available to save you set up time.Connect Plus Finance. This packaging option combines all thegreat features of Connect Finance, along with access to an onlineversion of Fundamentals of Corporate Finance, 10e, so that studentscan easily refer back to the text for review and guidance. This mediarich e-book links directly to tutorials and online resources.Excel Master for Fundamentals of Corporate Finance. This supplement,free to students and delivered from the text’s website, goesfar beyond existing spreadsheet tutorials. It expertly demonstrates tostudents how to use the most powerful tools in Excel to do professionalquality financial analysis. Excel Master is fully integrated with thetextbook such that every suitable topic in the text is covered in depth.The result is that students end up learning corporate finance andspreadsheet techniques at the same time. New to this edition, iconsin the sidebar identify concepts and skills covered in this program.Self Quiz and Study end-of-chapter feature. This new end-ofchapterfeature gives students a quick overview of what resourcesare available in McGraw-Hill Connect’s Self Quiz and Study program.Students get a glimpse of practice questions, the additional assetsavailable to help students study and master the content, and the addressto log on for more practice. This can be a great way to engageyour Connect-using students in Corporate Finance!Updated Topic Coverage:• Chapter 3 – defines enterprise value (EV) and discusses the widelyused EV-EBITDA ratio, and includes new end of chapter questionson industry-specific ratios and EV-EBITDA ratio• Chapter 8 – a new section illustrates using PE and price/sales ratiosfor equity valuation. More than ten new end-of-chapter problemsreflect this new content.• Chapter 23 - new material on enterprise risk management (ERM)and the use of insurance as an RM tool.• See book preface for a complete list of changesCONTENTSPart One: Overview of Corporate FinanceChapter 1: Introduction to Corporate FinanceChapter 2: Financial Statements, Taxes, and Cash FlowPart Two: Financial Statements and Long-Term Financial PlanningChapter 3: Working with Financial StatementsChapter 4: Long-Term Financial Planning and GrowthPart Three: Valuation of Future Cash FlowsChapter 5: Introduction to Valuation: The Time Value of MoneyChapter 6: Discounted Cash Flow ValuationChapter 7: Interest Rates and Bond ValuationChapter 8: Stock ValuationPart Four: Capital BudgetingChapter 9: Net Present Value and Other InvestmentCriteria65