Designed for courses in corporate finance taught at the MBA and undergraduate level, this edition retains its practice of integrating theory and application through a writing style that both students and professors can appreciate.

The text offers in-depth treatment of modern finance theory giving clear explanations of the capital asset pricing model, its strengths and weaknesses. The new fourth edition contains expanded coverage of mergers and acquisitions and many new problems and international examples.

Prepared by Bruce Swenson (Adelphi University), this manual contains solutions to all practice questions and challenge questions found at the end of each chapter. Thoroughly checked for accuracy, this supplement is available for purchase by students with instructor permission