Written for the MBA or undergraduate first course in finance, as well as follow-on courses, this textbook provides a clear, accessible, and thorough explanation of the principles of finance; how they connect to real-world practice and how they are used to solve problems. Structured around ten unifying principles representing the core tenets of the science, this book imparts basic financial concepts irrespective of the institutional framework, ensuring that students learn about finance in a way that is applicable both now and into the future. Pedagogical features include learning objectives and major takeaways, applications in the world of business, numerous worked examples, key equation boxes highlighting the most important financial equations, quick check questions with solutions, key finance terms with a detailed glossary, and more than 380 homework problems. Online resources include a solutions manual, detailed instructor manual to adapt the book to your course, lectures slides and an 800 question test bank for instructors.
Written for the MBA or undergraduate first course in finance, as well as follow-on courses, this textbook provides a clear, accessible, and thorough explanation of the principles of finance; how they connect to real-world practice and how they are used to solve problems. Structured around ten unifying principles representing the core tenets of the science, this book imparts basic financial concepts irrespective of the institutional framework, ensuring that students learn about finance in a way that is applicable both now and into the future. Pedagogical features include learning objectives and major takeaways, applications in the world of business, numerous worked examples, key equation boxes highlighting the most important financial equations, quick check questions with solutions, key finance terms with a detailed glossary, and more than 380 homework problems. Online resources include a solutions manual, detailed instructor manual to adapt the book to your course, lectures slides and an 800 question test bank for instructors.
Über den Autor
Zvi Bodie is Professor Emeritus at Boston University where he was the Norman and Adele Barron Professor of Management. He has served on the finance faculty at the Harvard Business School (1992-94) and MIT Sloan School of Management (2008-9). Among his many published books and textbooks is the best-selling Investments textbook with Alex Kane and Alan Marcus.
Inhaltsverzeichnis
Part I: 1. The Ten Principles of Finance; 2. Basics of Valuation: The Time Value of Money; 3. Personal Finance; 4. Principles of Valuation; 5. Financial Instruments and Rates of Return; 6. Principles of Risk Management; 7. Options; 8. Financial Statements: Analyzing and Forecasting; Part II: 9. Company Valuation; 10. Capital Budgeting; 11. Agency Costs and Governance; 12. Payout Policy; 13. Capital Structure; 14. A Unified Approach to the Valuation of Corporate Assets and Capital Structure; 15. Financing over a Firm's Life; Part III: 16. The Term Structure of Interest Rates; 17. Portfolio Theory; 18. Capital Market Equilibrium; 19. Derivatives; 20. The Financial System and its Functions.
