Corporate Finance 9th Edition (McGraw-Hill/Irwin Series in Finance, Insurance and Real Estate)

Corporate Finance 9th Edition (McGraw-Hill/Irwin Series in Finance, Insurance and Real Estate)
Format:
Hardcover
Publish Date:
Edition:
9th
ISBN-10:
007733762X
ISBN-13:
9780077337629
List Price:
$66.65
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Language:
English
Pages:
1003
Publisher:
McGraw-Hill/Irwin
Weight:
5.0 pounds
Length:
10.0 inches
Width:
8.0 inches
Height:
2.0 inches

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Reference

Business & Finance

Product Description

Corporate Finance, by Ross, Westerfield, and Jaffe emphasizes the modern fundamentals of the theory of finance, while providing contemporary examples to make the theory come to life. The authors aim to present corporate finance as the working of a small number of integrated and powerful intuitions, rather than a collection of unrelated topics. They develop the central concepts of modern finance: arbitrage, net present value, efficient markets, agency theory, options, and the trade-off between risk and return, and use them to explain corporate finance with a balance of theory and application. The well-respected author team is known for their clear, accessible presentation of material that makes this text an excellent teaching tool. The ninth edition has been fully updated to reflect the recent financial crisis and is now accompanied by Connect, an exciting new homework management system.

Customer Book Reviews

Stuningly bad book! A terrible Kindle execution also.

By

As other reviewers have noted, the book is a jumble. I can't find my way through chapters logically, let alone see the logical flow of the book as a whole. It claims to have electronic links to things like spreadsheets and videos...it does not. All the links are dead. The publisher's website promises tons of content, and there's virtually nothing, and what is there is just fluff, not of any real use. And finally, the book is not updated in any meaningful way since the 8th edition (I compared it in the library). Literally all they did was tweak the number in the problem section so you don't get the same answers. Every word of the text is verbatim, except for some very minor changes (they refer to different baseball players' salaries, or sales of expensive art auction items). So they published a "new" edition not cause there's new information, or to update the content in keeping with the 2008-present recession, or anything else of academic merit. The changes are basically cosmetic, in order to sell more books. Putting out a new edition was not just unnecessary, it was evil. As for the Kindle execution...first, no page numbers. All books of this sort need literal page numbers, so that kindle users can follow along with the rest of the class. then, they only let you use it on two devices. One of the beauties of Kindle books is that you can bounce from device to device; your phone, your iPad, your laptop, your desktop and home and work, your Kindle, the new Kindle you had to buy because the old one got stolen, the new Kindle you bought because the newer models just came out...you get my drift. NOT with this book! You're limited to two devices. TWO! Utterly ridiculous. In sum, DO NOT BUY THIS BOOK. If you have to, plead to get a used copy of the 8th edition, you'll learn every bit as much. What might be missing can be found on the web. Teachers...if you must assign it to students, at least have the courtesy to let students us an older edition, since the 8th is exactly the same book.

From a Prof's perspective... not the best book for my class

By

As someone else noted, if you are buying this book, it is probably a required text. If it is not a required text, and you are interested in a USA MBA program textbook, buy Brealey Myers or Berk Demarzo, or even the Welch book. I despise the presentation of the material in this book. Somehow, it manages to be both condescending "dumbed down" in tone, and simultaneously gives the most obfuscating exposition of the material I have ever read. I learned out of Brealey Myers when I got my MBA at at a top 10 MBA program, taught undergrads and MBAs out of the Berk & Demarzo at a big-10 business program, and was coerced into teaching out of the Ross Westerfield Jaffe at the school where I now teach (a top 20 MBA program). This book is by far the least helpful out of the three. This is, of course, a style preference, but enough students complained about the text that I am switching back to one of the other texts next year. The authors are brilliant, but it does not come through in the text. The examples are irritating, the exposition lacks any rigor, the sequence is unintuitive, and I never ended up feeling like my students got anywhere near the bang for the buck that they got from other texts. I still refer to my Brealey Myers & the Berk & Demarzo when I refresh my lecture notes, but I threw out my copy of this text before the semester was even over.

Not worth the paper it's printed on

By

This is one of the worst textbooks I've ever had on any subject. If you're a professor and have selected this book, you either don't want your students to learn this material, or you are an idiot. Or both. This book is exceptionally bad. It's full of problems that require concepts that are either poorly explained in the book or not covered at all. If you're using this book, prepare to spend your time Google searching for better explanations to the concepts you want to learn.

Not worth the paper it's printed on

By

This is one of the worst textbooks I've ever had on any subject. If you're a professor and have selected this book, you either don't want your students to learn this material, or you are an idiot. Or both. This book is exceptionally bad. It's full of problems that require concepts that are either poorly explained in the book or not covered at all. If you're using this book, prepare to spend your time Google searching for better explanations to the concepts you want to learn.

Corporate Finance for Mathmaticians

By

I use this book for my corporate finance class. The first words out of my instructors mouth were that it was one of the best books on the market used by many schools, and that we would only be using it as a small facet of the course. The book is extremely formula focused and very difficult to understand if you are not strong in math. Our course is calculator based and the formulas are 100% irrelevant. Learning corporate finance by formula is "ridiculous, and holds no real value" said my instructor so we are to work on the problems in the book while ignoring the formulas. The practice problems in this book are good, but the value of their style of instruction is poor. No one in the industry will require you to know the formula to calculate the present value of annuity. They will simply expect you to know how to get the correct answer. Get a financial calculator and learn how to use the financial functions and ignore all their formula crap and you will succeed in learning this material.

Useless. pure waste of time.

By

I have had the misfortune of being forced into purchasing this G and also using the online material through NJIT Graduate program (MBA). I am a long time Amazon customer, check my reviews. I do not think I have ever placed such a review on anything in my life. - There is NO order - Formulas can be brought in examples and examples in middle of theory. a mess. - There is No relevance. Moving from one subject to the other. no gradual information - No methodology - mixing up methods, from excel, to formulas, to calculators to manual... - The links - useless. They "give you" S&P "number" which is not real. no one to complain either. Do yourself a favor and skip this one. Unfortunately it is too late for me, I have found out in the end of the semester what garbage I have been studying from. (the smart ones, unlike me, already skipped the "Text Book" in the beginning). And in a final note, if you are in a college that suggests this book as a text book, PLEASE contact the professor and show her/him this message. It is a pure shame that this pure mess of a book makes it into 9th edition print. the marvels of marketing... They (MCH) "Bribe" the professors with online exams and homework on "Connect" - a primitive system as messy as the book, but saves to professors time since it can randomize questions for quizzes asn tests. guess what else is randomized - your education. Don't take it ! and - you got to be INSANE to purchase this book. There are plenty of free websites with better info and far superior text books.

The Terror

By

See those never-ending rows of trees? You are about to be lost in the forest. There could not be a more apt cover for this non-intelligible drivel. You can't teach yourself from this. Teachers: Don't bother with this. Students: Get the problem guide and work through the questions.

For a textbook, it's not bad.

By

For a textbook, it's not bad. The examples are clear, the chapter progression is logical, and enough of the equations are explained that you don't feel too lost too much of the time. You'd never sit down with this book and a cup of tea on a rainy afternoon, but it gets the job done.

Still Waiting For My Xerox'd Book

By

I can't write a review on the book because I don't have it. I will never buy a book from Bowen's books again. Absolutely terrible service. After I rated them poorly they asked me to remove my 1 star rating. That was only the beginning. Not only that - but they wanted to ensure I knew I was buying a paperback copy of this book (read: A copy that they made of the original and are selling - but for 30% off!). I'm aware of this only because I know there are NO paperback copies available. Really the publishers of the book should probably look in to litigation vs. this "book" seller. Yes - I know what I'm buying. All I care about is that I get the book that I purchased. They have neither refunded my money nor sent me the book. Recently my wife received the wrong book from another retailer. She sent them an email - they: 1 Apologized for their mistake 2 Told her to keep the book (or sell it back via Amazon) 3 They then sent the CORRECT book overnight to her - and we received it the next day after her email. I sent a similar email to Bowen's books 5 days ago and still have not anything. Not even an apology - only an "I understand your concern." I'm thinking Amazon is going to have to start auditing it's book retailers more thoroughly (if it isn't already). I plan on filing an official claim through Amazon shortly.

There's a ton of info. Do problems for each chapter to maximize learning

By

If I could sum up this book in three words it would be: net present value. Most of the book's 31 chapters either explain or apply the concept of net present value so it's great that the book covers it early in the text. As someone who has spent the past 7 years working in finance, some of the other concepts in the book such as financial statement analysis, cash management and credit management were repetitive for me, but it also introduced a lot of new ideas. In particular, I found the discounted cash flow valuation model and the Monte Carlo simulation of risk analysis to among my favorites. The book is skewed to an audience who is heading into or already in a management position in a finance department. It discusses the theoretical competent of corporate finance too and its importance in the growth and value of a firm. There's a ton of information in this book and, like most things in life, you'll get out of it what you put in. To that end, I would recommend solving one problem from each chapter's problem sets.

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Book Summary: The title of this book is Corporate Finance 9th Edition (McGraw-Hill/Irwin Series in Finance, Insurance and Real Estate) and it was written by Stephen Ross, Randolph Westerfield, Jeffrey Jaffe. This particular edition is in a Hardcover format. This books publish date is Oct 05, 2009 and it has a suggested retail price of $66.65. It was published by McGraw-Hill/Irwin and has a total of 1003 pages in the book. The 10 digit ISBN is 007733762X and the 13 digit ISBN is 9780077337629. To buy this book at the lowest price, Click Here.