- Published
- March 2023
- Page Count
- 650
- ISBN (Digital)
- 978-1-4533-3791-2
Modern Corporate Finance: Theory and Practice
Version 9.0
By Donald R. Chambers and Nelson J. Lacey
Included Supplements
Homework
Manual
Slides
Tests
Key Features
- Concisely presents essential points of finance theory immediately reinforced by hands-on applications
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Emphasizes the modernist movement
- Provides structure and presentation that are readily understood by undergraduates
- Based on systematic methodology, deductive reasoning, and empirical validation
- Rooted in a market-value based approach that embraces shareholder wealth, options, and agency relationships
- Accounting concepts are discussed later in the book
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Rich Learning Structure
- Chapter opening scenario showcases an engaging, real-world example of people and organizations who are grappling with business or personal finance questions and use finance to help them answer those questions
- “Learning Objectives” preview each main head section and help focus the reader’s attention
- Glossary of Key Terms. Highlighted key terms feature pop-up definitions when read online or a marginal glossary when printed
- Embedded online quizzes and flashcards encourage students to assess their own learning as they read
- New “Section” video lecture boxes embedded throughout highlight key Learning Objectives (3–5 per chapter on average)
- “Example” boxes provide immediate application and reinforcement following the presentation of a core concept
- “Windows” boxes provide extra details about topics being discussed “Workshop” boxes present step-by-step financial problem-solving approaches
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End of Chapter
- “Key Takeaways” summarize the chapter’s most important points
- “Demonstration Problems” model step-by-step solutions
- “Review Questions” encourage students to critically analyze and assimilate material learned in the preceding chapter.
- “Problems” provide ample opportunities to apply what has just been learned.
- “Discussion Questions” prompt in-class or message board interactions to facilitate peer learning and help faculty make informal assessments.
- FlatWorld Homework includes an average of 3–5 video tutorials per chapter that explain with visual aids the steps to solve in-text examples and key exercises from the chapter-end problem sets
- Customizable
Students
- Online Access Price
- $36.95
- Color Printed Textbook with Online Access Price
- $63.95
Modern Corporate Finance: Theory and Practice is suitable for the following courses: Introduction to Corporate Finance, Corporate Finance, Introduction to Financial Management, Financial management or similar titles taught at the undergraduate and graduate levels at two- and four-year colleges and universities.
Modern Corporate Finance combines a forward-looking vision of corporate finance with tried-and-true best practices that fill a void in contemporary teaching materials. Through its clear and concise approach, the authors emphasize the modernist movement in finance. This approach is based on systematic methodology that emphasizes deductive reasoning and empirical validation. This version now includes video mini-lectures at strategic learning points throughout each chapter, video tutorials to help learners better understand the steps involved in solving example problems, and a completely restructured and refreshed set of instructor and student supplements.
New in This Version
- More than 130 instructional videos recorded specifically for this version are embedded throughout
- More than 70 narrated lecture videos explain the most important concepts from each chapter (3–5 per chapter on average)
- More than 60 demonstration problem videos provide step-by-step instructions on how to solve textbook problems. The videos provide both an audio and video explanation of demonstration problems
- More than 20 Excel solutions to sample problems. Excel files provide a textual explanation of how to solve the demonstration problem and also provide an explanation of Excel formulas and parameters used in the Excel solution. The Excel solutions extend a student's understanding of the financial concepts while also demonstrating how to set up a spreadsheet model to solve finance problems.
- Time-specific content updated throughout the text, including both descriptive changes and data tables in the following: the Preface, Figure 1.2, Figure 1.4, Table 1.1, Table 2.2, Window 3.3, Figure 5.3, Table 12.1, Table 13.1, Table 14.4, Table 16.3, Example 19.1, Figure 19.1, and Figure 20.1
- New Example 9.3 (real call and real put options) that also includes two new figures (9.11 and 9.12)
- New Workshop 19.1 (demystifying the interest rate parity theorem)
- New Table 19.6 (examples of interest rate parity)
- PowerPoint lecture slides are now more concise and visually organized
- About the Authors
- Acknowledgments
- Dedication
- Preface
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Chapter 1: Introduction to Modern Corporate Finance
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Chapter 2: Markets and Contracts
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Chapter 3: Corporate Ethics and Shareholder Wealth Maximization
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Chapter 4: The Time Value of Money
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Chapter 5: The Valuation of Financial Securities
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Chapter 6: Introduction to Options
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Chapter 7: The Techniques of Capital Budgeting
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Chapter 8: Estimating Project Cash Flows
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Chapter 9: Real Options
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Chapter 10: Advanced Topics in Capital Budgeting
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Chapter 11: Risk and Diversification
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Chapter 12: Modern Portfolio Theory and the Capital Asset Pricing Model
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Chapter 13: Financial Leverage
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Chapter 14: Financing: Why Might it Matter
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Chapter 15: The Dividend Decision
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Chapter 16: Financial Analysis
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Chapter 17: Working Capital Management
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Chapter 18: Corporate Financial Planning
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Chapter 19: International Finance
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Chapter 20: Mergers and Other Reorganizations
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Chapter 21: Financial Engineering
FlatWorld Homework
FlatWorld Homework includes multi-format questions written specifically for your FlatWorld book, which you can access through our stand-alone interface or integrate with your learning management system.
Instructor’s Manual
The Instructor’s Manual guides you through the main concepts of each chapter and important elements such as learning objectives, key terms, and key takeaways. Can include answers to chapter exercises, group activity suggestions, and discussion questions.
PowerPoint Lecture Notes
A PowerPoint presentation highlighting key learning objectives and the main concepts for each chapter are available for you to use in your classroom. You can either cut and paste sections or use the presentation as a whole.
Test Generator - powered by Cognero
FlatWorld has partnered with Cognero, a leading online assessment system, that allows you to create printable tests from FlatWorld provided content.
Test Bank Files for Import to Learning Management Systems
For your convenience, we've packaged our test items for easy import into Learning Management Systems like Blackboard, Brightspace/D2L, Canvas, Moodle, or Respondus.
Solutions Manual
For exercises that need a little more explanation, our Solutions Manual will take you step by step through solving the problem and offer explanations on the answer.
Test Item File
Need assistance in supplementing your quizzes and tests? Our test-item files (in Word format) contain many multiple-choice, fill-in-the-blank, and short-answer questions.
Sample Syllabi
Sample syllabi provide useful templates to help new faculty adopters revise their teaching plans to match their assigned FlatWorld textbook or lend insights to existing adopters on how to organize their classes.
DownloadAt FlatWorld, we take pride in providing a range of high-quality supplements alongside our titles, to help instructors teach effectively. Supplements are available for instructors who have registered their adoption with us. If you need to review or preview something specific, please contact us.
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