For programs using a text in a two-semester course, this book highlights how core financial principles can improve individual financial decision making. Connects theory to practice – Shows students how three major topics (corporate finance, investments and valuation) are connected by using ‘The Law of One Price’ as a framework throughout the text. Balanced approach – Uses both time-tested and modern principles with the practical perspective of a financial manager, offering students the tools to make sound financial decisions. Practical study aids – Designed to help students master core concepts and learn to identify and solve problems faced by today’s practitioners.