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Directed primarily toward undergraduate finance majors, this text also provides practical content to current and aspiring industry professionals.
Foundations of Finance enables readers to see the big picture by helping them understand the logic that drives finance rather than having them memorize formulas.
0133423999 / 9780133423990 Foundations of Finance Plus NEW MyFinanceLab with Pearson eText -- Access Card Package
Package consists of
0132994879 / 9780132994873 Foundations of Finance
0133019926 / 9780133019926 NEW MyFinanceLab with Pearson eText -- Access Card -- for Foundations of Finance
Synopsis
Directed primarily toward undergraduate finance majors, this text also provides practical content to current and aspiring industry professionals.
Foundations of Finance enables readers to see the big picture by helping them understand the logic that drives finance rather than having them memorize formulas.
0133423999 / 9780133423990 Foundations of Finance Plus NEW MyFinanceLab with Pearson eText -- Access Card Package
Package consists of
0132994879 / 9780132994873 Foundations of Finance
0133019926 / 9780133019926 NEW MyFinanceLab with Pearson eText -- Access Card -- for Foundations of Finance
Synopsis
ALERT: Before you purchase, check with your instructor or review your course syllabus to ensure that you
select the correct ISBN. Several versions of Pearson's MyLab & Mastering products exist for each title, including customized versions for individual schools, and registrations are not transferable. In addition,
you may need a CourseID, provided by your instructor, to register for and use Pearson's MyLab & Mastering products.
Packages
Access codes for Pearson's MyLab & Mastering products may not be included when purchasing or renting from companies other than Pearson; check with the seller before completing your purchase.
Used or rental books
If you rent or purchase a used book with an access code, the access code may have been redeemed previously and you may have to purchase a new access code.
Access codes
Access codes that are purchased from sellers other than Pearson carry a higher risk of being either the wrong ISBN or a previously redeemed code. Check with the seller prior to purchase.
-- Normal 0 false false false EN-US X-NONE X-NONE Directed primarily toward undergraduate finance majors, this text also provides practical content to current and aspiring industry professionals.
Foundations of Finance enables readers to see the big picture by helping them understand the logic that drives finance rather than having them memorize formulas.
0133423999 / 9780133423990 Foundations of Finance Plus NEW MyFinanceLab with Pearson eText -- Access Card Package
Package consists of 0132994879 / 9780132994873 Foundations of Finance
0133019926 / 9780133019926 NEW MyFinanceLab with Pearson eText -- Access Card -- for Foundations of Finance "
About the Author
Arthur J. Keown is the Department Head and R. B. Pamplin Professor of Finance at Virginia Polytechnic Institute and State University. He received his bachelor’s degree from Ohio Wesleyan University, his M.B.A. from the University of Michigan, and his doctorate from Indiana University. An award-winning teacher, he is a member of the Academy of Teaching Excellence; has received five Certificates of Teaching Excellence at Virginia Tech, the W. E. Wine Award for Teaching Excellence, and the Alumni Teaching Excellence Award; and in 1999 received the Outstanding Faculty Award from the State of Virginia. Professor Keown is widely published in academic journals. His work has appeared in the
Journal of Finance, the
Journal of Financial Economics, the
Journal of Financial and Quantitative Analysis, the
Journal of Financial Research, the
Journal of Banking and Finance, Financial Management, the
Journal of Portfolio Management, and many others. In addition to
Foundations of Finance, two other of his books are widely used in college finance classes all over the country–
Basic Financial Management and Personal Finance: Turning Money into Wealth. Professor Keown is a Fellow of the Decision Sciences Institute, was a member of the Board of Directors of the Financial Management Association, and is the head of the finance department at Virginia Tech. In addition, he recently served as the co-editor of the
Journal of Financial Research for 6½ years and as the co-editor of the Financial Management Association’s
Survey and Synthesis series for 6 years. He lives with his wife and two children in Blacksburg, Virginia, where he collects original art from Mad Magazine.
John D. Martin holds the Carr P. Collins Chair in Finance in the Hankamer School of Business at Baylor University, where he teaches in the Baylor EMBA programs and has three times been selected as the outstanding teacher. John joined the Baylor faculty in 1998 after spending 17 years on the faculty of the University of Texas at Austin. Over his career he has published over 50 articles in the leading finance journals, including papers in the Journal of Finance, Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Journal of Monetary Economics, and Management Science. His recent research has spanned issues related to the economics of unconventional energy sources (both wind and shale gas), the hidden cost of venture capital, and managed versus unmanaged changes in capital structures. He is also co-author of several books, including Financial Management: Principles and Practice (11th ed., Prentice Hall), Foundations of Finance (8th ed., Prentice Hall), Theory of Finance (Dryden Press), Financial Analysis (3rd ed., McGraw Hill), Valuation: The Art & Science of Corporate Investment Decisions (2nd ed., Prentice Hall), and Value Based Management with Social Responsibility (2nd ed., Oxford University Press).
J. William Petty, PhD, University of Texas at Austin, is Professor of Finance and W. W. Caruth Chair of Entrepreneurship. Dr. Petty teaches entrepreneurial finance, both at the undergraduate and graduate levels. He is a University Master Teacher. In 2008, the Acton Foundation for Entrepreneurship Excellence selected him as the National Entrepreneurship Teacher of the Year. His research interests include the financing of entrepreneurial firms and shareholder value-based management. He has served as the co-editor for the Journal of Financial Research and the editor of the Journal of Entrepreneurial Finance. He has published articles in various academic and professional journals including Journal of Financial and Quantitative Analysis, Financial Management, Journal of Portfolio Management, Journal of Applied Corporate Finance, and Accounting Review. Dr. Petty is co-author of a leading textbook in small business and entrepreneurship, Small Business Management: Launching and Growing Entrepreneurial Ventures. He also co-authored Value-Based Management: Corporate America’s Response to the Shareholder Revolution (2010). He serves on the Board of Directors of a publicly traded oil and gas firm. Finally, he has served as the Executive Director of the Baylor Angel Network, a network of private investors who provide capital to startups and early-stage companies.
Table of Contents
PART I. The Scope and Environment of Financial Management
1. An Introduction to the Foundations of Financial Management
2. The Financial Markets and Interest Rates
3. Understanding Financial Statements and Cash Flows
4. Evaluating a Firm’s Financial Performance
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Part II. The Valuation of Financial Assets
5. The Time Value of Money
6. The Meaning and Measurement of Risk and Return
7. The Valuation and Characteristics of Bonds
8. The Valuation and Characteristics of Stock
9. The Cost of Capital
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Part III. Investment in Long-Term Assets
10. Capital-Budgeting Techniques and Practice
11. Cash Flows and Other Topics in Capital Budgeting
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Part IV. Capital Structure and Dividend Policy
12. Determining the Financing Mix
13. Dividend Policy and Internal Financing
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Part V. Working-Capital Management and International Business Finance
14. Short-Term Financial Planning
15. Working-Capital Management
16. International Business Finance
Web 17. Cash, Receivables, and Inventory Management