Corporate Finance

Praise for
Corporate Finance: A Practical Approach
"This book on corporate finance is a welcome addition to the already impressive work by the CFA Institute."
--Don Chew, Editor, Journal of Applied Corporate Finance, Morgan Stanley
"Covers the basics of corporate finance--working capital, capital budgeting, M&A, cost of capital, capital structure, and dividend policy--in one volume. Chapters on financial statement analysis and corporate governance give context to the core subjects presented. Corporate Finance: A Practical Approach will be helpful to the student seeking to learn the field and to the experienced practitioner in need of a desk-top reference tool."
--Thomas A. King, Treasurer, Progressive Insurance
"This text is very comprehensive in its treatment of many issues within corporate finance, making it a great resource for both academics and practitioners."
--Tom Arnold, CFA, Assistant Professor of Finance,
Robins School of Business, University of Richmond
"Corporate Finance teaches future CFA charterholders what they need to know about corporate finance to be successful practitioners. The CFA curriculum, including the substance and pedagogy of this book, is a market-sensitive collaboration between sophisticated practitioners and academics. This approach and this book provide an excellent bridge between the principles and their application to corporate finance."
--Douglas R. Emery, Bank of America Scholar and Professor of Finance, University of Miami In today's competitive business environment, corporate managers must find innovative ways to promote rapid and sustainable growth. As part of the CFA Institute Investment Series, Corporate Finance has been designed to help you develop the skills to achieve this goal.
The distinguished team of Michelle R. Clayman, CFA, Martin S. Fridson, CFA, and George H. Troughton, CFA-together with a number of experienced contributors-provides you with complete coverage of the most important issues in modern