Fundamentals of Corporate Finance Alternate Edition w/Student CD ROM+ Powerweb + Standard & Poor's Educational Version of Market Insight [Hardcover]

Stephen A. Ross (Author), Randolph Westerfield (Author), Bradford D. Jordan (Author), Stephen Ross (Author), Bradford Jordan (Author)

Book Description

Publication Date: March 12, 2002 | ISBN-10: 0072553073 | ISBN-13: 978-0072553079 | Edition: 6

"The Alternate Edition" includes all of the same features and benefits as the "Standard Edition". Its only difference is that it includes four additional chapters on more advanced topics: Risk Management; An Introduction to Financial Engineering; Option Valuation; Mergers and Acquisitions; and Leasing.

Editorial Reviews

About the Author

Stephen Ross is presently the Franco Modigliani Professor of Finance and Economics at the Sloan School of Management, Massachusetts Institute of Technology. One of the most widely published authors in finance and economics, Professor Ross is recognized for his work in developing the Arbitrage Pricing Theory and his substantial contributions to the discipline through his research in signaling, agency theory, option pricing, and the theory of the term structure of interest rates, among other topics. A past president of the American Finance Association, he currently serves as an associate editor of several academic and practitioner journals. He is a trustee of CalTech, a director of the College Retirement Equity Fund (CREF), and Freddie Mac. He is also the co-chairman of Roll and Ross Asset Management Corporation. Randoloph W. Westerfield is Dean of the Marshall School of Business at University of Southern California and holder of the Robert R. Dockson Dean's Chair of Business Administration. From 1988 to 1993, Professor Westerfield served as the chairman of the School's finance and business economics department and the Charles B. Thornton Professor of Finance. He came to USC from The Wharton School, University of Pennsylvania, where he was the chairman of the finance department and member of the finance faculty for 20 years. His areas of expertise include corporate financial policy, investment management and analysis, mergers and acquisitions, and stock market price behavior. Professor Westerfield has served as a member of the Continental Bank trust committee, supervising all activities of the trust department. He has been consultant to a number of corporations, including AT&T, Mobil Oil and Pacific Enterprises, as well as to the United Nations, the U.S. Department of Justice and Labor, and the State of California. Bradford D. Jordan is Professor of Finance and Gatton Research Fellow in the Carol Martin Gatton College of Business and Economics at the University of Kentucky. He has a long-standing interest in both applied and theoretical issues in corporate finance, and has extensive experience teaching all levels of corporate finance and financial management policy. Professor Jordan has published numerous articles on issues such as cost of capital, capital structure, and the behavior of security prices.

Product Details

• Hardcover
• Publisher: Richard D Irwin; 6 edition (March 12, 2002)
• Language: English
• ISBN-10: 0072553073
• ISBN-13: 978-0072553079
• Product Dimensions: 10.2 x 8.4 x 1.5 inches
• Shipping Weight: 4.2 pounds
• Average Customer Review: 3.8 out of 5 stars  See all reviews (12 customer reviews)
• Amazon Best Sellers Rank: #1,048,805 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

11 of 12 people found the following review helpful:

5.0 out of 5 stars katz, April 19, 2005

By 

katz - See all my reviews

This review is from: Fundamentals of Corporate Finance Alternate Edition w/Student CD ROM+ Powerweb + Standard & Poor's Educational Version of Market Insight (Hardcover)

Wow! Great! Excellent! Amazing etc.., the list can continue.This is one book that any starter in finance area will want to learn from. Its a power-packed source of information for any student who is just starting to learn finance, however if you are already a pro in finance, then don't even considering this book because you'll finish reading the entire book in a couple of weeks.

I used this book for my exams preparation along with brealey myers text and the combination simply pushed my rank into the outstanding bracket.

This book is particularly useful for the following chapters:

5. Introductio to valuation: time value of money

6. Discounted cash flow - Interesting chapter opening

7. Interest Rates and Bond Valuation - Great Derivations

8. Stock Valuation - Once again great derivation on formula's

9-11: Capital budgeting - will be useful to only absolute starters. I liked the material in Brealey Myers text, it is more advanced

12. Some lessons from corporate market history

13. Return,Risk and Security Market Line

15. Cost of Capital

19-21: Short Term Finance - Best coverage, though not complete in all respects.

Finally one honest note, I didn't know how to produce PV/FV/Annuity tables by myself before I bought this book. Now I able to produce them all by myself.

I you want to dig deeper in finance, just like I am doing, then I suggest you buy this book and principles of corporate finance by brealey myers.This book will provide you with the base that is needed to cover the other book that I mentioned.

9 of 10 people found the following review helpful:

4.0 out of 5 stars A good and readable book on Corporate Finance, September 20, 2005

By 

Elijah Chingosho "Dr Elijah Chingosho" (Nairobi, Kenya) - See all my reviews
(REAL NAME)   

This review is from: Fundamentals of Corporate Finance Alternate Edition w/Student CD ROM+ Powerweb + Standard & Poor's Educational Version of Market Insight (Hardcover)

"Fundamentals of Corporate Finance" is a recommended textbook of finance which is simple to read and follow. I am a Senior Engineering manager and wanted to have a good grasp of financial principles and concepts. I found the book to be very user friendly. As I go up the corporate ladder, I need a good grasp of financial concepts and their practical implementation in the real corporate world. This book provided me with most the information I needed.

The book will enable the reader to use the theory underlying corporate financial decisions to assess advanced corporate issues and decisions. The major topics covered in the book include financial statements, valuation of cash flows, capital structure and budgeting, risk and return, use of debt and equity, cash and credit management and international corporate finance, among other topics.

The book has a wide range of learning tools that should facilitate the learning process. Reference to several website reinforces the concepts being presented in the book. Whether one is a student wishing to learn the important subject of finance or a manager wishing to manage the company finances more effectively, this is a good choice of book.

The only limitation I found in the book is its main focus on US systems only with few examples on what is happening in Europe and elsewhere. To learn about the City Institutions (London) or European Stock Exchanges, for example, you have to search for your information elsewhere. Notwithstanding this, I enjoyed reading the book, particularly self-assessing my understanding by attempting the exercises in the CD-ROM which comes with the book.

3.0 out of 5 stars bad explanations, July 7, 2011

By 

AP - See all my reviews

Amazon Verified Purchase

This review is from: Fundamentals of Corporate Finance Alternate Value 8th Edition (Hardcover)

Like most math-based textbooks, this one explains the concepts in their most basic form, but is no help at all when you're trying to figure out how to get beyond the basic. The problems at the end of each chapter (which will probably constitute your homework) are either verbatim copies of the examples, or are so much more advanced than the examples that you might as well just use Google as your textbook. Either way, examples are sparse, and you feel like you're missing something when you try to do any of the problems.

This is a moot point for most people reading this, since you've probably been assigned it for a class, but if you're a professor please take pity on your students and assign them another book!