|

Addison-Wesley / Prentice Hall

Business

My Instructor Resource Center :  Log in or request access

Finance
Zvi Bodie
Robert C MertonHarvard University

ISBN-10: 0130151025
ISBN-13:  9780130151025

Publisher:  Prentice Hall
Copyright:  2000
Format:  Cloth Bound w/CD-ROM; 479 pp
Published:  08/16/1999
New edition available
  This item has been replaced by Financial Economics, 2/E.



For undergraduate Corporate Finance, MBA Finance course, and Financial Economics.

This significant new finance text has a broader scope and greater emphasis on general principles than most other introductory finance texts, which typically focus exclusively on corporate finance. This text incorporates Corporate Finance, investments, and institutions. Acclaimed authors Bodie and Merton offer an approach balanced among the three “pillars” of finance—optimization over time, asset valuation, and risk management. The book encompasses all subfields of finance within a single unifying conceptual framework, and offers the “big picture” of resource allocation over time under conditions of uncertainty.

  • Incorporates all areas of finance—Including investments, institutions, and corporate finance. Departs from other texts, which focus almost exclusively on corporate finance.
    • Emphasizes material that students can relate to. Ex.___

  • Unifying Theme3 pillars of finance—The three pillars of finance (optimization over time, asset valuation, and risk management) represent the basic “laws” and principles that apply across all the topical subfields of finance.
    • Allows students to see finance as one big picture instead of as unconnected pieces. Ex.___

  • Spreadsheet modeling exercises
    • —Shows students how to build their own Excel templates.
    • —Students are guided step-by-step through the implementation of beginning and advanced models designed to teach applied aspects of finance. Icons by selected end-of-chapter problems in the text indicate template applications found in the Prentice Hall Finance Center CD accompanying the text.
    • Students learn the important practical skill of how to build actual models. Ex.___

  • Complete integration of international material—Global examples are integrated directly into the text, rather than in separate boxed material.
    • International material was thoughtfully integrated so that students are given the best examples at the appropriate places. Most texts add this material in a boxed feature as an after thought. Ex.___

  • Quick check concept questions—At critical points in the text.
    • Helps students check their understanding of material previously presented. Ex.___

  • Special interest boxes throughout—Contains newspaper clippings and applications illustrating theory.
    • Encourages students to actively use the theory in dealing with their own affairs, and in interpreting the financial news. Ex.___

  • End-of-chapter problems—Organizes problems by topic and level of difficulty. Offers complete step-by-step solutions for all problems in the Instructor's Manual, in a format that instructors can distribute to students.
    • Students obtain instant feedback to concepts learned within the text. Ex.___

  • Topics found in Bodie/Merton—Life-cycle saving and resource allocation over time, Law of One Price and the Force of arbitrage, Integrated risk management and Portfolio selection, Functions of the financial system and the dynamics of institutional change.
  • Unique Technology
    • —The Prentice Hall Finance Center CD-ROM FREE in the back of the text allows students to obtain a wealth of information to enhance their understanding of finance. The Finance Center CD-ROM includes the following:
    • Fincoach Software: Generates an unlimited number of problems that allow students to practice the math of finance. FinCoach is integrated into the end-of-chapter problems so that students can practice in context of what they are learning.
    • Career Center: Explores the working life of finance professionals. There are video interviews with finance professionals explaining what they do every day, industry surveys of current salaries at all levels among finance professions, interview and resume writing tips, and other advice that will help students land their first job.
    • Excel Spreadsheet Modeling Handbook: Students learn how to build their own Excel templates, using actual examples from the textbook.
    • Direct Link to PHLIP: Prentice Hall Learning on the Internet Partnership.
CHANGES FROM THE PRELIMINARY EDITION:
  • Chapter 5 is now devoted to personal financial planning—5 has been reorganized so that it is now a self-contained primer in personal financial decision-making, using time value of money concepts in making saving, borrowing, and investment decisions over the life cycle. It even covers estate planning which demonstrates how to take personal taxes into account in financial planning.
    • This is a direct response to the overwhelming users who love the emphasis on practical financial decision-making, especially the examples drawn from personal finance. Ex.___

  • Chapter 19 (Financial Forecasting) has been combined into Chapter 3 (How to Interpret and Forecast Financial Statements)—This is a self-contained primer that requires no prior knowledge of accounting.
  • Hedging, Insuring, and Diversifying have been combined into a single chapter (11).
    • For faculty who choose to teach risk management in the intro course, chapters 10 and 11 are “showcase” chapters for the book. Ex.___

  • A more simplified and streamlined presentation of options and contingent claims—Instead of separate chapters on each, there is now a single chapter (Chapter 15), full of practical examples of how options and option-pricing concepts can be applied.
    • For faculty who choose to teach options in the introductory course, this is now a “showcase” chapter for the book. Ex.___

  • Two full chapters on capital budgeting—Chapter 6 (How to Analyze Investment Projects) covers decision-making skills for investing in single business projects. Chapter 17 (Finance and Corporate Strategy) includes a full discussion of capital budgeting in corporations.
    • This is in response to reviewers who wanted two full chapters on this topic. Ex.___

  • A new section comparing the WACC, APV, and FTE investment criteria.
    • Demonstrates the links between capital structure and capital budgeting. Ex. Chapter 16 (section 16.10).

I. FINANCE AND THE FINANCIAL SYSTEM.

 1. What Is Finance?

 2. The Financial System.

 3. How to Interpret and Forecast Financial Statements.

II. TIME AND RESOURCE ALLOCATION.

 4. The Time Value of Money and Discounted Cash Flow Analysis.

 5. Life-Cycle Financial Planning.

 6. How to Analyze Investment Projects.

III. VALUATION MODELS.

 7. Principles of Asset Valuation.

 8. Valuation of Known Cash Flows: Bonds.

 9. Valuation of Unknown Cash Flows: Stocks.

IV. RISK MANAGEMENT AND PORTFOLIO THEORY.

10. An Overview of Risk Management and Portfolio Selection.

11. Hedging, Insuring, and Diversifying.

12. Choosing an Investment Portfolio.

V. ASSET PRICING.

13. The Capital Asset Pricing Model.

14. Forward and Futures Prices.

15. Options and Contingent Claims.

IV. CORPORATE FINANCE.

16. Capital Structure.

17. Finance and Corporate Strategy.

  • 9780131856158
    Financial Economics, 2/E
    Bodie, Merton & Cleeton
    ©2009 | Prentice Hall | Cloth; 500 pp | Instock
    ISBN-10: 0131856154 | ISBN-13: 9780131856158
    Brief Description | Buy from myPearsonStore

FinCoach 2.0: CD-ROM Edition
Handa
©2002 | Prentice Hall | CD-ROM Only | Instock
ISBN-10: 0130606189 | ISBN-13: 9780130606181
Buy from myPearsonStore


Interwrite Personal Response System
EduCue, Addison-Wesley & Benjamin Cummings
©2004 | Prentice Hall | Electronic Supplement | Instock
ISBN-10: 0321267354 | ISBN-13: 9780321267351


Wall Street Journal User's Guide, The
Addison-Wesley
©2004 | Prentice Hall | Paper | Instock
ISBN-10: 0321267001 | ISBN-13: 9780321267009


For Corporate Finance (Graduate / MBA)

MyFinanceLab 6-Month Student Access Code Card (standalone)
Prentice Hall
©2009 | Prentice Hall | Access Code Card | Instock
ISBN-10: 0136066445 | ISBN-13: 9780136066446
URLhttp://www.myfinancelab.com


Prentice Hall Guide to Economist.com
Economist.com
©2002 | Prentice Hall | Paper | Instock
ISBN-10: 0130668346 | ISBN-13: 9780130668349


For Undergraduate Corporate Finance

MyFinanceLab 6-Month Student Access Code Card (standalone)
Prentice Hall
©2009 | Prentice Hall | Access Code Card | Instock
ISBN-10: 0136066445 | ISBN-13: 9780136066446
URLhttp://www.myfinancelab.com


Prentice Hall Guide to Economist.com
Economist.com
©2002 | Prentice Hall | Paper | Instock
ISBN-10: 0130668346 | ISBN-13: 9780130668349


This package contains:
•   Bodie & Merton, Finance Center CD-ROM (2000)

Pearson Higher Education offers special pricing when you choose to package your text with other student resources. If you're interested in creating a cost-saving package for your students contact your Pearson Higher Education representative.