Applied Corporate Finance Questions, Problems and Making Decisions i
Applied Corporate Finance fills a gap in the existing resources available to students and professionals needing an academically rigorous, yet practically orientated, source of knowledge about corporate finance. Written by an expert in investment analysis,
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Mark K. Pyles
Applied Corporate Finance Questions, Problems and Making Decisions in the Real World
Springer Texts in Business and Economics
For further volumes: http://www.springer.com/series/10099
Mark K. Pyles
Applied Corporate Finance Questions, Problems and Making Decisions in the Real World
Mark K. Pyles Associate Professor of Finance College of Charleston Charleston, SC, USA
ISSN 2192-4333 ISSN 2192-4341 (electronic) ISBN 978-1-4614-9172-9 ISBN 978-1-4614-9173-6 (eBook) DOI 10.1007/978-1-4614-9173-6 Springer New York Heidelberg Dordrecht London Library of Congress Control Number: 2013949157 © Springer Science+Business Media New York 2014 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)
Preface
One may question why I would choose to write a book involving issues in corporate finance, given the large number of excellent texts that already exist in the academic marketplace. It is my hope that the answer to this question will be largely selfevident upon review of the text. My intention is to complete a work that is unique in the field. Many existing texts do an excellent job of helping readers learn about issues in corporate finance, so my intention is not to simply recreate these products with a different cover. The theory underlying this text is that
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