Fundamentals of Corporate Finance (8th Canadian Edition)

Specifications

Book Description

“Fundamentals of Corporate Finance, 8th Canadian Edition” by Stephen A. Ross (Adapter), along with other contributors, is likely an authoritative textbook that provides a comprehensive introduction to the principles of corporate finance. This edition is tailored to the Canadian context, incorporating relevant examples, regulations, and market conditions. Here are some features you might expect to find in this textbook:

1. **Core Principles of Corporate Finance:** The book covers the foundational principles of corporate finance, including concepts such as the time value of money, risk and return, and valuation of securities.

2. **Canadian Context:** Tailored specifically for Canadian students, the textbook includes examples, case studies, and financial data relevant to the Canadian market. It also addresses Canadian financial regulations and practices.

3. **Financial Statements and Analysis:** The book explains how to interpret and analyze financial statements, providing insights into the financial health of a company.

4. **Capital Budgeting:** Detailed coverage of capital budgeting techniques, including net present value (NPV), internal rate of return (IRR), payback period, and profitability index. The book emphasizes decision-making processes for long-term investments.

5. **Risk and Return:** In-depth discussion of the relationship between risk and return, portfolio theory, and the Capital Asset Pricing Model (CAPM). This includes strategies for managing financial risk.

6. **Valuation:** Comprehensive coverage of valuation techniques for stocks, bonds, and companies. This includes discounted cash flow (DCF) analysis and relative valuation methods.

7. **Capital Structure:** Examination of capital structure decisions, including the impact of debt and equity financing on a company's value and the trade-offs involved.

8. **Dividend Policy:** Analysis of dividend policy decisions, including factors that influence dividend payouts and the implications for shareholders.

9. **Working Capital Management:** Discussion of the management of a company’s short-term assets and liabilities, including inventory management, accounts receivable, and cash management.

10. **International Finance:** Coverage of international finance topics, such as exchange rates, foreign exchange risk management, and international capital markets, with a focus on Canadian multinational companies.

11. **Ethical Considerations:** Emphasis on ethical issues in corporate finance, including corporate governance, ethical decision-making, and the role of financial managers in maintaining ethical standards.

12. **Real-World Applications:** The textbook likely includes real-world examples, case studies, and practical applications to help students connect theoretical concepts to real financial scenarios.

13. **Mathematical Tools:** Provision of mathematical tools and techniques necessary for financial analysis, including formulas and step-by-step problem-solving approaches.

14. **End-of-Chapter Problems:** To reinforce learning, the book includes end-of-chapter problems, quizzes, and exercises. These help students practice and apply what they have learned.

15. **Pedagogical Features:** The book is designed with features that support learning, such as chapter summaries, key terms, review questions, and visual aids like charts and graphs.

16. **Online Resources:** The textbook may come with access to online resources, including additional practice problems, interactive tools, and supplemental reading materials.

This edition aims to provide a comprehensive and practical understanding of corporate finance principles, tailored specifically to the needs and context of Canadian students and professionals.