Fundamentals of Corporate Finance 12th edition 9781259918957

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Fundamentals of Corporate Finance 12th edition

The best-selling Fundamentals of Corporate Finance (FCF) has three basic themes that are the central focus of the book: 1) An emphasis on intuition‰ÛÓthe authors separate and explain the principles at work on a common-sense intuitive level before launching into any specifics. 2) A unified valuation approach‰ÛÓnet present value (NPV) is treated as the basic concept underlying corporate finance. 3) A managerial focus‰ÛÓthe authors emphasize the role of the financial manager as a decision-maker and they stress the need for managerial input and judgment.

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