New Features

• McGraw-Hill’s Connect Finance offers a number of powerful tools and features to make managing assignments easier, so you can spend more time teaching. Students can engage with their coursework anytime and anywhere, making the learning process more accessible and efficient. In short, Connect Finance facilitates student learning and optimizes your time and energies, enabling you to focus on course content, teaching, and student learning. Connect for Ross/Westerfield/Jordan has been expanded with new learning resources for your students.

Create and deliver online, auto-graded homework assignments, quizzes, and tests directly from the end-of-chapter materials or test bank. Problems are available as both static and algorithmic problems, and there are also multiple-choice conceptual questions.

Students receive immediate, detailed feedback on their assignments, allowing them to focus on the areas where they need improvement.

Questions mapped to AACSB skill areas, Bloom’s Taxonomy levels, and difficulty level enable you to run reports that assess specific learning outcomes.

NEW! LearnSmart ensures your students are learning faster, studying more efficiently, and retaining more knowledge. It pinpoints concepts the student does not understand and maps out a personalized study plan for success. Based on students’ self-diagnoses of their proficiency, LearnSmart intelligently provides students with a series of adaptive questions. This provides students with a personalized one-on-one tutor experience.

NEW! Interactive Applications stimulate critical thinking and reinforce key concepts, and students receive immediate feedback and can track their progress in their own report. Students will be asked to “click and drag” specific choices to make decisions, categorize, or put in a time sequence, and then are asked multiple-choice questions to confirm understanding of the key concepts of the activity.

NEW! Select key problems offer Guided Examples next to the assigned problems to show how to work through a similar problem. Students can learn from this video to then solve their own assigned problems.

Detailed Feedback offers the option to present worked-out solutions to the problem, showing the students each step of the process. Appropriate chapters and problems include calculator keystroke solutions in addition to formulas.

A Self Quiz and Study program allows students to evaluate their performance through a practice test and then receive recommendations for specific readings from the text, supplemental study material, and practice work that will improve their mastery of each learning objective.

Pre-built assignments are available to save you set up time.

• Connect Plus Finance. This packaging option combines all the great features of Connect Finance, along with access to an online version of Fundamentals of Corporate Finance, 10e, so that students can easily refer back to the text for review and guidance. This media rich e-book links directly to tutorials and online resources.
• Excel Master for Fundamentals of Corporate Finance. This supplement, free to students and delivered from the text’s website, goes far beyond existing spreadsheet tutorials. It expertly demonstrates to students how to use the most powerful tools in Excel to do professional quality financial analysis. Excel Master is fully integrated with the textbook such that every suitable topic in the text is covered in depth. The result is that students end up learning corporate finance and spreadsheet techniques at the same time. New to this edition, icons in the sidebar identify concepts and skills covered in this program.
• Self Quiz and Study end-of-chapter feature. This new end-of-chapter feature gives students a quick overview of what resources are available in McGraw-Hill Connect’s Self Quiz and Study program. Students get a glimpse of practice questions, the additional assets available to help students study and master the content, and the address to log on for more practice. This can be a great way to engage your Connect-using students in Corporate Finance!
• Updated Topic Coverage:

Chapter 3 – defines enterprise value (EV) and discusses the widely used EV-EBITDA ratio, and includes new end of chapter questions on industry-specific ratios and EV-EBITDA ratio

Chapter 8 – a new section illustrates using PE and price/sales ratios for equity valuation. More than ten new end-of-chapter problems reflect this new content.

Chapter 23 - new material on enterprise risk management (ERM) and the use of insurance as an RM tool.

See book preface for a complete list of changes

RETAINED FEATURES:

• Incorporates a concept building approach to learning. Chapter sections are intentionally kept short to promote a step-by-step, building block approach to learning. Each section is followed by a series of short concept questions that highlight the key ideas just presented before moving on to new material. Also, the crucial topic of time value of money is covered in two chapters (5 & 6), allowing for a patient, building block approach.
• Abundant and extremely high quality end of chapter material—includes Summary and Conclusions, Chapter Review and Self-Test Problems with answers, Concepts Review and Critical Thinking Questions, Questions and Problems (segregated into 3 learning levels: basic, intermediate, and challenge), web exercise, S&P problems, Mini-Cases, and Spreadsheet Template problems.
• Spreadsheet Strategies introduce or help students brush up on their Excel spreadsheet skills, particularly as they relate to corporate finance. This feature appears in self-contained sections and shows students how to set up spreadsheets to analyze common financial problems—a vital part of every business student’s education! This section is complemented by Calculator Hints sections.
• Calculator Hints are brief calculator tutorials that have been added in selected chapters to help students learn or brush up on their financial calculator skills. These complement the Spreadsheet Strategies mentioned above.
• “In Their Own Words” boxes are popular articles updated from previous editions written by a distinguished scholar or practitioner on key topics in the text. Boxes include essays by Merton Miller on capital structure, Fischer Black on dividends, and Roger Ibbotson on capital market history.
• Flexible Versions Available—The Standard Edition includes 21 core chapters; The Alternate Edition includes all of the 21 chapters in the Standard Edition, plus 6 additional chapters covering more advanced topics: Behavioral Finance, Enterprise Risk Management, Options and Corporate Finance, Option Valuation, Mergers and Acquisitions, and Leasing.