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內容簡介
NEW co-author Kuldeep Shastri, renowned scholar and teacher, joins a powerful team of authors offering further depth and mathematical sophistication to this popular, well-established book.
The central paradigms of financial theory have been moved to the first 12 chapters by a reorganization of topics.
Revised chapters on capital structure and dividend policy respond to immense changes in these areas.
Chapter 7 includes new information on option pricing.
Chapter 18 provides a modern discussion of merger and acquisitions activities.
Chapter 19 explores the prevailing trends in international financial management.
New chapters:
Chapter 9 includes extensive discussion of real options.
Chapter 12 surveys the theories of agency costs and signalling.
Chapter 13 discusses the role of the CFO, performance measurement, and incentive design.
Chapter 14 details discounted cash flow valuation and tax policy.
THOMAS E. COPELAND
Professor of finance
University of California at Los Angeles
Firm Consultant,Finance
McKinsey & Company,Inc.
J. FRED WESTON
Corden Professor of Managerial Economics and Finance
University of California at Los Angeles
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