A well-written, technically correct textbook that captures many of the recent theoretical and practical changes in finance, this text develops a strong understanding of how funds are raised and allocated by today's business. Its easy-to-understand and logical organization and the deletion of non-essential material improves students' comprehension. Both authors have won teacher of the year at their respective schools and have an award winning web site maintained and regularly updated by the author to provide the most current information for students.