The tenth edition has been condensed as well as revised, with new descriptions included on bond and stock valuation, and new sections on future value, and the use of the euro. The text, which will be used in MBA programs, provides the student with basic concepts reinforced with practical applications, many of which are on the CD-ROM. Topics covered include basic financial concepts such as time value of money, risk and return, interest rates and bond and stock valuation. These concepts are revisited in more advanced chapters on capital budgeting, long- and short-term financial decisions, hybrid and derivative securities, and international managerial finance. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com)
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