Basic Finance: An Introduction to Financial Institutions, Investments, and Management

SUCCINCT CHAPTERS OFFER STREAMLINED AND FLEXIBLE COVERAGE. Most of the chapters in this edition are brief enough for you to cover in one class period, giving you the flexibility of a modular approach. Two exceptions are the chapters on time value of money (Ch. 7) and risk (Ch. 8), both of which provide enough detailed coverage of these complex topics to ensure thorough student understanding.

CONCISE, EXTREMELY READER FRIENDLY CONTENT OFFERS THE IDEAL INTRODUCTION TO FINANCE. The authors have carefully designed each chapter to emphasize only one or two topics. Concise content focuses on key issues that are most important for students to master in your introductory course.

THIS EDITION PRESENTS THE BASICS OF MORE ADVANCED TOPICS. The authors introduce more advanced topics, such as derivatives (including puts, calls, and futures contracts), on a fundamental level to give you the option of challenging your students with more sophisticated material.

LEARNING FEATURES LET STUDENTS CHECK THEIR UNDERSTANDING AS THEY PROGRESS THROUGH THE TEXT. Students can find answers to selected problems in the appendix as well as additional problems with worked-out solutions in appropriate chapters. These additional examples enable review and opportunities for further practice.