Corporate Finance: The Core, Global Edition, 5th edition

Published by Pearson (March 15, 2022) © 2022

  • Jonathan Berk Stanford University
  • Peter DeMarzo Stanford University
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  • 12-month access
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  • 6 interviews with notable practitioners
  • Embedded videos and media
  • Add notes and highlight
  • Enhanced keyword search
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  • A print copy
  • Free shipping

Features

  • Law of One Price framework
  • Worked examples
  • 6 interviews with notable practitioners

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  • 6 interviews with notable practitioners
  • Interactive digital learning experience
  • Includes eText, Apps and study tools
  • Instant feedback on assignments
  • Help when and where you need it

For MBA/graduate students taking a course in corporate finance

An emphasis on modern theory blended with practice elevates students' financial decision making

Using the valuation framework based on the Law of One Price, top researchers Jonathan Berk and Peter DeMarzo have set the new canon for corporate finance textbooks. Corporate Finance: The Core, 5th Edition blends coverage of time-tested principles and the latest advancements with the practical perspective of the financial manager. Students have the opportunity to practice finance to learn finance by solving quantitative business problems like those faced by today's professionals. With built-in resources to help students master the core concepts, students develop the tools they need to make sound financial decisions in their careers.

Corporate Finance: The Core, 5th Edition fits programs and individual professors who desire a streamlined book that is specifically tailored to the topics covered in the first one-semester course. For those who would like to use a text in a two semester, or more course, please see Corporate Finance, 5th Edition by the same authors.

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  • 1. The Corporation and Financial Markets
  • 2. Introduction to Financial Statement Analysis
  • 3. Financial Decision Making and the Law of One Price
  • 4. The Time Value of Money
  • 5. Interest Rates
  • 6. Valuing Bonds
  • 7. Investment Decision Rules
  • 8. Fundamentals of Capital Budgeting
  • 9. Valuing Stocks
  • 10. Capital Markets and the Pricing of Risk
  • 11. Optimal Portfolio Choice and the Capital Asset Pricing Model
  • 12. Estimating the Cost of Capital
  • 13. Investor Behavior and Capital Market Efficiency
  • 14. Capital Structure in a Perfect Market
  • 15. Debt and Taxes
  • 16. Financial Distress, Managerial Incentives, and Information
  • 17. Payout Policy
  • 18. Valuation and Financial Modeling: A Case Study

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