Contemporary Financial Management

CFM contains comprehensive, contemporary coverage of the principles of managerial finance. It is organized around the unifying theme of maximizing shareholder wealth, showing students how financial decisions impact a firm's value. The text also gives students an early overview of four key concepts of finance: cash flow, net present value, risk/return relationships, and market efficiency. The sixth edition includes a new chapter on the international financial marketplace (Ch. 3), increased coverage of ethical issues facing managers, and an expanded version of the already extensive problem set.