Premium Essay

Finance Textbook

In: Business and Management

Submitted By natalyax33
Words 128112
Pages 513

Ross Westerfield Jordan


Want to get better grades? (Who doesn’t?) Prefer to do your homework online? (After all, you are online anyway…) Need a better way to study before the big test?
(A little peace of mind is a good thing…)

With McGraw-Hill's Connect Plus Finance,

StudentS get:
• Easy online access to homework, tests, and quizzes assigned by your instructor. • Immediate feedback on how you’re doing. (No more wishing you could call your instructor at 1 a.m.) • Quick access to lectures, practice materials, eBook, and more. (All the material you need to be successful is right at your fingertips.) • A Self-Quiz and Study tool that assesses your knowledge and recommends specific readings, supplemental study materials, and additional practice work.*
*Available with select McGraw-Hill titles.

Less managing. More teaching. Greater learning.

Would you like your students to show up for class more prepared?
(Let’s face it, class is much more fun if everyone is engaged and prepared…)

Want an easy way to assign homework online and track student progress?
(Less time grading means more time teaching…)

Want an instant view of student or class performance? (No more wondering if students understand…)

Need to collect data and generate reports required for administration or accreditation? (Say goodbye to manually tracking student learning outcomes…) Want to record and post your lectures for students to view online?

With McGraw-Hill's Connect Plus Finance,

InStructorS get:
• Simple assignment management, allowing you to spend more time teaching. • Auto-graded assignments, quizzes, and tests. • Detailed Visual Reporting where student and section results can be viewed and analyzed. • Sophisticated online testing capability. • A filtering and...

Similar Documents

Premium Essay

Real Estate Finance Textbook

...The Wiley Finance series contains books written specifically for finance and investment professionals as well as sophisticated individual investors and their financial advisors. Book topics range from portfolio management to e-commerce, risk management, financial engineering, valuation and financial instrument analysis, as well as much more. For a list of available titles, please visit our Web site at www.Wiley Real Estate Development and Investment A Comprehensive Approach STEPHEN P. PECA John Wiley & Sons, Inc. Copyright # 2009 by Stephen P. Peca. All rights reserved. Published by John Wiley & Sons, Inc., Hoboken, New Jersey. Published simultaneously in Canada. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 646-8600, or on the web at Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at

Words: 80543 - Pages: 323

Premium Essay

An Improved Pedagogy of Corporate Finance

...An Improved Pedagogy of Corporate Finance: a Constrained Shareholder Wealth Maximization Goal by Michael R. Santos , Gina Vega , John T. Barkoulas INTRODUCTION Bloom's taxonomy (1956) has guided pedagogical structure and innovation for half a century in the United States, and its focus on developmental learning remains relevant and instructive for us. The six developmental levels (knowledge, understanding, application, analysis, synthesis, and evaluation) separate basic knowledge acquisition from the critical thinking and analytical skills necessary for making ethical decisions or judgments. Answering questions about business ethics requires knowledge from multiple disciplines, including philosophy, psychology, political science, sociology, economics, finance, organizational management, and law. Analyzing such a vast body of data in ethical frameworks requires the highest levels (analysis, synthesis, and evaluation) of critical thinking as expressed in the taxonomy. Corporate governance, an interdisciplinary subject addressed in all these disciplines, explores the inter- workings of both for-profit firms and not-forprofit firms and is an area requiring business students to evaluate ethical issues when making decisions. Despite the broad responsibility of teaching corporate governance in the finance classroom, the pedagogy of finance has been restricted to ideas derived primarily from economics, statistics, and finance....

Words: 7223 - Pages: 29

Free Essay


...The core principle of finance is provided money is able to earn interest and any money received sooner is worth more. Investopedia - Time Value of Money - TVM. (2014). Retrieved from Efficient market Is a market that prices will quicky respond when there is an announcement of any kind of new information. Textbook. Primary versus secondary market Risk-return tradeoff Agency (principal and agent problems) Market information and security prices and information asymmetry Agile and lean principles Return on investment Cash flow and a source of value Project management Outsourcing and offshoring Inventory turnover Just-in-time inventory (JIT) Vender managed inventory (VMI) Forecasting and demand management University of Phoenix Material Definitions Define the following terms using your text or other resources. Cite all resources consistent with APA guidelines. Term Definition Resource you used Time value of money Is the idea that money available at a present time is worth a lot more then the amount that its is in the future due to the “potential earning capacity”. The core principle of finance is provided money is able to earn interest and any money received sooner is worth more. Investopedia - Time Value of Money - TVM. (2014)....

Words: 3500 - Pages: 14

Premium Essay

Courses on Probability Theory

...Autocorrelation Main Textbook: Dougherty, C. (2011). Introduction to Econometrics, 4th edition, Oxford. 2. Module Name: Computational Finance Code: P12614 Credits: 10 Semester: Spring 2011/12 Programme classes: 12 1-2 hour lectures/workshops Aims: The module aims to describe and analyse the general finance topics and introduces students to implement basic computational approaches to financial problems using Microsoft Excel. It stresses the fundamentals of finance; provides students with a knowledge and understanding on the key finance subjects such as money market, return metric, portfolio modelling, asset pricing, etc.; and equips students with the essential techniques applied in financial calculations. Contents: 1. Lecture Topic 1: Money Market Instrument : Introduction to the course; Interest rate types;...

Words: 1425 - Pages: 6

Premium Essay


...The course provides the basic framework necessary to pursue further study in finance in the second-year of the MBA program and on his or her own thereafter. This framework is an orientation towards valuation. 2. Basic Mastery. The course emphasizes essentials, the tools and concepts that every general manager, entrepreneur, or manager in other functional fields should know. 3. A Corporate Perspective. Because we seek to understand the problems of general managers, this is a corporate finance course, rather than a course in investments, banking, or personal finance. While elements of these related subjects must be brought to bear, our ultimate focus is corporate policy and tactics. 4. An Underpinning for Addressing Broad and Challenging...

Words: 4860 - Pages: 20

Premium Essay


...1 0 2,447 answers Suresh Reddy 2,447 answers Top Subjects: Operations Management, Finance, Computer Science Solution : The price elasticity of demand is defined as the percentage change in quantity demanded divided by...

Words: 1507 - Pages: 7

Free Essay

Module Fin301 Description Only

...FIN­301: PRINCIPLES OF FINANCE Module 1—Financial Tools 1: Time Value of Money OBJECTIVES After successfully completing Module 1, you should be able to: ● ● ● ● ● ● ● ● ● Discuss the role of the financial manager. Follow the layout of the text. Determine the future value and the present value of a sum of money. Determine the future value and the present value of an annuity. Determine the interest rate given the beginning and ending amount of money. Determine the length of time it takes a sum of money to double given the interest rate. Define the terms found on a balance sheet. Define the terms found on an income statement. Compute various financial ratios. STUDY MATERIALS Textbook Readings ● Read Chapters 1 and 7 in Basic Finance: An Introduction to Financial Institutions,  Investments, and Management, 10th ed., by Herbert B. Mayo. Study Notes The goal of the financial manager is to maximize the value of the firm. This value is reflected by the share  price of the firm's common stock. Decisions that increase a firm's value lead to an increase in stock price.  Bad decisions, likewise, lower the stock price. As you go through the textbook, you will find that debt may  be good, that time has a money value and money has a time value, and that taxes have an impact on  many financial decisions. Following is a link to chapter study notes: ● Study Notes for Chapter 7 Copyright © 2013 by Thomas Edison State College. ...

Words: 418 - Pages: 2

Free Essay


...Jiangxi University of Finance and Economics 4 on business management of China, and that you will find the course stimulating, relevant, and useful. 2. About the Lecturer 2.1 Introduction of the Lecture My name is Edward Wang Yaode; I graduated from Beijing University of Science and Technology and got Bachelor Degree of Technology in 1984; graduated from Sichuan University and got Master Degree of Philosophy in 1991; graduated from Beijing University and got PH.D Degree of Philosophy in 2001. I have been working in JUFE since 1991 and have been certificated as associate professor in 1997, as professor in 2002. My main research area is management of technological innovation. It deals with some ethical problems such as using or alienating copyrights properly. Jiangxi University of Finance and Economics 5 2.2 How to contact the lecture  Location: Dormitory Building 21, Jiangxi University of Finance and Economics, Nanchang, 330013  E-mail:  Telephone: (0791) 3816682  Fax: (0791) 3816682  Mobile: 13037289173 3. Resources 3.1 Textbooks  Textbooks of Chinese Edition Su yong 1998 ethics for modern management, Oriental publish center Press, Beijing  Textbook of English Edition Jiangxi University of Finance and Economics 6 Hartman, L....

Words: 326 - Pages: 2

Premium Essay

Da Nang Spring

...Applying an ethical framework to business fields: Marketing, Corporate Governance, Accounting, and Finance; f. Describing business environment responsibilities. 2) Course Textbook(s)/ Resources: a) Main books: Laura Hartman and Joseph DesJardins, Business Ethics: Decision-Making for Personal Integrity and Social Responsibility, McGraw-Hill/Irwin, 2nd edition, 2010. Or Laura Hartman and Joseph DesJardins, Business Ethics: Decision-Making for Personal Integrity and Social Responsibility, McGraw-Hill/Irwin, 3rd edition, 2013 b) Reference books or resources: * Harvard Business Review * John D. Ashcroft, Jane E. Ashcroft, 2010, Law for Business, 17th edition, Cengage Publication, ISBN 13 9780538749923 04.02e-BM/DH/HDCV/FU 1/2 1/9 3) Implementation plan in details | | | | | | | | | | | | | | | | | COURSE SCHEDULE | | | | | | | | | Week | | Date | | | Back to Syllabus | | | | | | | | | | | | | | | | | | | | | | | | | | | | ***QUIZ 3 is incidental to the class and has a focus on any of Case assigned in | | | | | | | |...

Words: 2283 - Pages: 10

Premium Essay

Finance Fin 1103 Week 1 Individual Work Perform Time Value Money Calculations

...Use Appendix A-3 on page A-8 of your textbook. (d) Rachael’s Aunt Karroll told her that she would give Rachael $1,000 at the end of each year for the next three years to help with her college expenses. Assuming an annual interest rate of 2 percent, what is the present value of that stream of payments? Use Appendix A-4 on page A-10 of your textbook. Throughout the...

Words: 779 - Pages: 4

Free Essay

Personal Financial

...Please make sure that your goals meet the S.M.A.R.T goal-setting guidelines in your textbook.   Specifically address areas where you perceive there may be tension between current goals and longer-term goals. For example, living in the...

Words: 764 - Pages: 4

Premium Essay


...cod_ins=30 017&anno=2015&IdPag=5861 Course Objectives The course provides an introduction to the most important aspects of corporate finance. The objective is to acquire the essential skills necessary to actively deal with the corporate finance activities of an internationally operating firm. The course explores both investing and financing decisions, focusing on their role in the creation of shareholder value. The course covers five main parts:     the value of a firm - financial instruments, valuation concepts and decision rules. Risk and return - theory, empirical evidence and applications to capital budgeting. Financing decisions and market efficiency. Payout policy, capital structure and valuation. Course Content Summary         Finance and the financial manager. Valuing bonds and common stocks. NPV and investment decisions. Risk, return and the opportunity cost of capital. Capital budgeting and risk. Efficient markets and behavioural finance. Payout policy, debt policy and capital structure. Financing and valuation. Textbooks  R. BREALEY, S. MYERS, F. ALLEN, Principles of Corporate Finance, McGraw Hill, 2014,11th edition. Exam textbooks & Online Articles (check availability at the Library) Detailed Description of Assessment Methods  Course assessment consists of two written exams (partial and final exam, 70%) and homework assignments (group case studies and individual assignments, 30%)....

Words: 386 - Pages: 2

Premium Essay

It Strategic Plan Part1

...Part One 1. Business Statement – Summarize in one paragraph the business of WW. Refer to Case Study. Wobbly Wheels is a regional transportation and distribution company headquartered in Wilmington, Delaware. The business provides reliable and speedy shipping and distributions to customers in between their 6 distribution terminals the mid-Atlantic region (Philadelphia PA, Baltimore MD, New York City NY, Washington DV, Newark NJ and Wilmington DE). 2. Business Strategic Objectives - From the information in the Case Study, list the three strategic objectives. Next add a new strategic objective of your own - one that you consider important to the current and future health of WW’s business. It should be a statement of how the management team would improve the business of WW. In order to meet with growth and cost goals, three strategic objectives were identified in a recent management team meeting: 1. “Provide warehousing services for customers” who want to reduce delivery time to their customers by having product available locally. 2. “Improve the percent of loaded miles” in the fleet to reduce cost by coordinating pickup and delivery of the freight at the same time in the same geographic area 3. “Provide customers with accurate delivery dates and times” by tracking freight in the terminals and on the trucks. An additional goal, which I see neglected is the company’s performance goal in providing speedy pickup and delivery goals; Wobbly Wheels’......

Words: 1441 - Pages: 6

Premium Essay

Fin10708 Finance and Investment for Business Topic 7 Tutorial Questions

...FIN10708 Finance and Investment for Business Topic 7 Tutorial Questions 1. Problem 8, p. 383 of the textbook = on excel document 2. Problem 9, p. 383 of the textbook. 0.72 x 0.1062+0.32 +0.15652+2.07 x 0.3 x 0.48 x 0.06 x 00.185 then square root 3. Using information in Questions 1 and 2 above: (a) Calculate the portfolio’s returns in each of the years 2007 through to 2012 (b) Calculate the portfolio’s average annual return (c) Calculate the portfolio’s standard deviation using your results from (a) and (b) and check that this standard deviation equals the one you calculate in Question 2 above. 4. Problem 16, p. 384 of the textbook. 5. A market analyst predicts that the expected return on the All Ordinaries Share Price Index will fall by 10% this year. Telstra has a beta of 0.51 and BHP Billiton has a beta of 1.17. (a) What would you expect to happen this year to the return on an investment in (i) Telstra and (ii) BHP Billiton? (b) If you accept the analyst’s prediction, should your investment portfolio contain shares with mainly high value or low value betas? 6. Problem 21, p. 385 of the textbook. 7. Problem 22, p. 385 of the textbook. 8. Problem 28, p. 385 of the textbook. 9. Company A has a beta of 0.7 and Company B has a beta of 1.4. If the risk-free rate is 4% and the market risk premium is 7%, according to the CAPM what is the expected return on an equally weighted portfolio of A and B?...

Words: 325 - Pages: 2

Premium Essay

Prescribed Texts for Mba

...Prentice Hall Niemand AA, Meyer I, Botes VL Butterworths Prescribed Book: Marketing Management 12th Edition Philip Kotler, Kevin Lane Keller Recommended Book: Marketing Management 6th Edition Mullins, Walker and Boyd Prentice Hall McGrawHill MBA YEAR 2 MODULE Human Resources Management TEXTBOOK Prescribed Book : Human Resource Management 6th Edition AUTHOR / EDITOR...

Words: 377 - Pages: 2