Fundamentals of Financial Management 15e

Finance is, in a real sense, the cornerstone of the enterprise system—good financial management is vitally important to the economic health of all firms and hence to the nation and the world. Because of its importance, finance should be widely and thoroughly understood, but this is easier said than done. The field is complex, and it undergoes constant change due to shifts in economic conditions. All of this makes finance stimulating and exciting, but challenging and sometimes perplexing. We sincerely hope that this 15th Edition of Fundamentals will meet its own challenge by contributing to a better understanding of our financial system.