Finance, Insurance & Real Estatecomplex subjects.Connect Plus Finance. This packaging option combines all thegreat features of Connect Finance, along with access to an onlineversion of Finance, 2e, so that students can easily refer back to thetext for review and guidance. This media rich e-book links directly totutorials and online resources.Chapter Reorganization: Based on feedback from users andreviewers, the authors revised the Second Edition to follow instructors’teaching strategy even more closely.• Understanding Financial Markets and Institutions has been movedfrom Chapter 8 to Chapter 6, to now precede the discussion ofstocks and bonds.• Addressing Working Capital Policies and Managing Short-TermAssets and Liabilities (previously Chapter 17) has been movedadjacent to Chapter 13, Weighing Net Present Value and OtherCapital Budgeting Criteria, for better tie-in with previous discussionsof cash flows and capital budgeting techniques.• Financial Planning and Forecasting, previously a Web chapter, hasbeen moved to the book as Chapter 15.• Assessing Long-Term Debt, Equity, and Capital Structure (previouslyChapter 14) has been moved adjacent to Financial Planningand Forecasting to build on the idea of altering capital structure inlight of previous discussions of forecasting.Guided Examples provide online tutorials in short video formatfor each numbered Example in the book. There are five tutorials perExample:• One that talks through how to solve the example in the book;• One that talks through a similar example and stops at decisionpoints where students choose the next step;• Two that show how to solve the problem using two different financialcalculators;• One that shows how to solve the problem in Excel.New to the Second Edition, Quick Response (QR) codes enablestudents with smartphones to go directly to the Guided Example fromthe actual page in the book.Viewpoints Extended expands on the popular Viewpoints featurefrom 1e (see retained features below), and leverages a variety ofmedia to provide an alternate look at each personal application raised.Word forms of selected formulas have been added before thenumber form to provide an intuitive bridge for a variety of learningstyles.Numbered examples have been cross-referenced to similar endof-chapterproblems so students can easily model their homework.More than half of the numbers in the end-of-chapter problemshave been updated to provide variety and limit the transfer of answersfrom previous classes.Every chapter has been revised and updated to reflect the latestdata and ideas in Corporate Finance. A detailed chapter by chapterchange list is available by request.ContentsPart I: IntroductionChapter 1: Introduction to Financial ManagementPart II: Financial StatementsChapter 2: Reviewing Financial StatementsChapter 3: Analyzing Financial StatementsPart III: Valuing of Future Cash FlowsChapter 4: Time Value of Money 1: Analyzing Single Cash FlowsChapter 5: Time Value of Money 2: Analyzing Annuity Cash FlowsPart IV: Valuing of Bonds and StocksChapter 6 Understanding Financial Markets and InstitutionsChapter 7 Valuing BondsChapter 8 Valuing StocksPart V: Risk and ReturnChapter 9: Characterizing Risk and ReturnChapter 10: Estimating Risk and ReturnPart VI: Capital BudgetingChapter 11: Calculating the Cost of CapitalChapter 12: Estimating Cash Flows on Capital Budgeting ProjectsChapter 13: Weighing Net Present Value and Other Capital BudgetingCriteriaPart VII: Capital Structure IssuesChapter 14: Addressing Working Capital and Managing Short-TermAssets and LiabilitiesChapter 15: Financial Planning and ForecastingChapter 16: Assessing Long-term Debt, Equity, and Capital StructureChapter 17: Sharing Firm Wealth: Dividends, Share Repurchasesand Other PayoutsChapter 18: Issuing Capital and the Investment Banking ProcessPart VIII: Other Topics in FinanceChapter 19: Considering International Aspects of Corporate FinanceChapter 20: Managing Mergers and Acquisitions and FinancialDistressNEW *9780073382241*M: FINANCEBy Marcia Millon Cornett, Boston University,Troy Adair, Wilkes University and John Nofsinger,Washington State Univesity-Pullman2012 (January 2011) / 368 pagesISBN: 9780073382241ISBN: 9780077506056 (with Connect Plus)www.mhhe.com/canMM: Finance is a market-driven corporate finance book with the latestin teaching and learning tools – all at an affordable price! With M:Finance , students receive a cost-effective, easy to read, focused textcomplete with study resources (both print and online) to help themreview for tests and apply chapter concepts. Professors receive a textthat contains all the pertinent information--yet in a more condensedformat that is easier to cover. In addition, online gradable assignmentsare provided to utilize the power of the web, making projects more funfor students and automatically grade materials to support instructors.Features<strong>McGraw</strong>-<strong>Hill</strong> Connect Finance• Connect Finance offers a number of powerful tools and featuresto make managing assignments easier, so you can spend moretime teaching. Students can engage with their coursework anytimeand anywhere, making the learning process more accessible andefficient. In short, Connect Finance facilitates student learning andoptimizes your time and energies, enabling you to focus on coursecontent, teaching, and student learning.• 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.• 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 each69
Finance, Insurance & Real Estatelearning objective.• Pre-built assignments are available to save you set up time.• Guided Examples offer online student tutorials at the problem level.They present a similar problem using either formulas, calculator, orExcel, next to the homework problem to help students understandhow to move forward.Connect Plus Finance. This packaging option combines all thegreat features of Connect Finance, along with access to an onlineversion of M: Finance, linked to additional study features, so thatstudents can easily refer back to the text for review and guidance.Student friendly design: M: Finance was written and designedwith today’s student reader in mind.• The layout and design provides the visual stimulation they’vecome to expect.• The content was written to focus on the key concepts only.• Pop-up quotes, marginal key terms/definitions, and callouts thatfeature interesting and important facts are used throughout thechapters to capture students’ attention.• The examples provided have been selected for greater studentappeal.The book’s framework reflects the way instructors today teachthe course, emphasizing three themes:• Finance is about Solving Problems and Decision-Making• Finance can be taught using the Personal Perspective• Finance is about connecting Core ConceptsSolving Problems and Decision-Making:• Interactive Examples: Online tutorials in short video format for eachnumbered Example in the book.• There are five tutorials per Example:• One that talks through how to solve the example in the book;• One that talks through a similar example and stops at decisionpoints and students choose the next step;• Two that show how to solve the problem using two different financialcalculators;• One that shows how to solve the problem in Excel.• Interactive Examples can be found on the text website at www.mhhe.com/canm and within Connect Finance. Additionally, studentscan use their web-enabled, camera smartphone to “click” onthe QR codes they see throughout the book to bring them directlyto the appropriate video! They’re also available within Connect tohelp students solve the problems.• End of Chapter Problems: A large quantity of end-of-chapterproblems are organized so that every odd-numbered problem ismirrored by a similar even-numbered problem. This gives instructorstwo different sets of similar problems to assign to differentsections or work in class.• “Math Coach” boxes: coach students in avoiding the most commonly-mademistakes in a particular problem.• Called-out examples detail the solution to a key problem or conceptin the chapter.• Calculator Keystrokes are included in the margin next to theseexamples if applicable, showing a quick snapshot of how to solvethe problem. This feature can easily be skipped if calculators arenot used for this class.• Self-Test Problems with Solutions are are available on the textWebsite so students can test themselves before diving into thehomework.• AnIntegrated Mini-Case is available for each chapter on the textWebsite, combining the concepts learned into a more integrativeproblem to help students understand how everything ties together.• Formula Review Cards for key chapters are perforated to createconvenient study tools for students or can be used as exam “cheatsheets,” if the instructor choosesPersonal Perspective:• The “Viewpoints” feature: at the beginning of each chapter illustratesa business perspective of the upcoming topics and is mirroredby a personal perspective. This immediately sets a contextfor the chapter and allows instructors to take class discussion ineither direction. The Viewpoints Revisited feature in the book’sappendix provides a possible answer to the scenario and connectsthe students back to the original goals of the chapter.• Select called-out Examples throughout the book will have apersonal perspective to continue the theme throughout the book.• Some end-of-chapter problems will also have personal perspectives,so students will be able to solve problems in both businessand personal contexts.Connecting Core Concepts:• Learning Goals begin each chapter and are tied to end-of-chapterproblems. This helps the student follow the building of concepts,and also helps instructors develop their class and assign readingsand homework based on these goals. The Test Bank is also labeledwith Learning Goals.• Finance at Work boxes highlight current events and hot topicsnoted in the news, and include a Want to Know More? feature withsuggested words to use for searching the Internet for updates.These are great for use during class for discussion or outside ofclass as homework assignments.• Time Out! boxes are featured at the end of each section and teststudents’ understanding of key terms and core concepts. Answersto the Time Out! questions appear on the text Website.• Tables and Figures illustrate the material visually to help studentsapply what they are learning and connecting concepts both withinand across chapters.• Questions are featured at the end of each chapter, and can be usedfor discussion in-class to review chapter concepts or as homework.• The “Research It!” feature is found on the text website and is anassignable project that requires students to research the web fordata and other information to answer the questions.• Minicases can also be found on the book Website.Contents1. Introduction to Financial Management2. Reviewing Financial Statements3. Analyzing Financial Statements4. Time Value of Money 1: Analyzing Single Cash Flows5. Time Value of Money 2: Analyzing Annuity Cash Flows6. Valuing Bonds7. Valuing Stocks8. Understanding Financial Markets and Institutions9. Characterizing Risk and Return10. Estimating Risk and Return11. Calculating the Cost of Capital12. Estimating Cash Flows on Capital Budgeting Projects13. Weighing Net Present value and Other Capital Budgeting Criteria14. Addressing Working Capital Policies and Managing Short-TermAssets and LiabilitiesREVIEW COPY(Available for course adoption only)To request for a review copy,• contact your local <strong>McGraw</strong>-<strong>Hill</strong>representatives or,• fax the Review Copy Request Form foundin this catalog or,• e-mail your request tomghasia_sg@mcgraw-hill.com or,• submit online at www.mheducation.asia70
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