Financial Management: Core Concepts, Third Edition

From the Author

With the encouragement of Donna Battista and a wonderful set of individuals at Pearson, our team started out on the journey of writing this textbook. We are now in the third edition of a process that has been a great adventure. The first and second editions were very successful, and our audience (student users), reviewers, and adopters provided some insightful suggestions for this third edition. But the general concepts and approach to the book have remained true to the original design we followed in the first edition.

What’s New in the Third Edition

• Of course, we have updated the material that was time-related. For example, the interest rates now reflect the historically low levels of the first decade of the twenty-first century. ...