PREFACE
The fifteenth edition of Introduction to Finance: Markets, Investments, and Financial Management builds upon the successes of its earlier editions while maintaining a fresh and up-to-date coverage of the field of finance.
Our text is designed to present a more balanced first course in finance, one that offers students perspectives on financial markets, investing, and financial management. We use a successful pedagogy that reviews markets and institutions, then the world of investments, and finally the concepts and applications of business financial management.
A movement has been growing to offer a more balanced first course in finance. Previous editions were developed for such an “overview” first course, and this new edition continues in that vein. Eighteen chapters cover the three major financial areas involving the financial system, investments, and business finance. For the student who does not plan to take additional courses in finance, this book provides a valuable overview of the discipline's major concepts. For the student who wants to take additional courses in finance, the overview presented provides a solid foundation upon which future courses can build.
Introduction to Finance is meant to be used in a course whose purpose is to survey the foundations of the finance ...
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