Financial Management Principles and Practice

In FINANCIAL MANAGEMENT, 3rd Edition, students get the best of both worlds with coverage that is comprehensive in tackling the difficult issues in finance, yet accessible enough for students to understand. The authors remain dedicated to putting students first by including the latest in financial theory while retaining a strong real-world connection, making learning both relevant and fun. New to This Edition: The Stock and Bond Valuation chapter, previously Chapter 9, has been moved to Chapter 12, and is now titled "Business Valuation" to reflect the rapidly advancing field of business appraisal. Techniques for valuing complete businesses and individual assets have been added. A numerical example of a real-world business has also been included, along with a discussion of the value of control. Expanded coverage of Real Options. This discussion has been expanded into two chapters (Chapters 10 & 11) and includes numerical examples relating to abandonment and expansion options. Decision trees are also described, and homework problems relating to real options have been added to the end-of-chapter material. Interactive Modules have been integrated throughout the book. These modules allow students to move seamlessly between the text and the book's Companion Website. Students can interact with graphs, view video information, and listen to audio material. Supplements written by the author team provide students with a package that is accurate and cohesive throughout. Each NEW copy of Gallagher/Andrew includes a FREE Mastering Finance CD-ROM. This CD-ROM allows students to participate in realistic financial decision-making situations.Gallagher, Timothy J. is the author of 'Financial Management Principles and Practice', published 2002 under ISBN 9780131768826 and ISBN 0131768824.