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CORPORATE FINANCE
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The book starts with simple scenarios in which all the inputs are clear and progresses
to more complex, real-world scenarios for which the solutions become more difficult.
Within this architecture, chapters build organically on concepts learned earlier.
This incremental progression allows students to reuse what they have learned and to
understand the effect of each new change in and of itself.
One theme that binds the book together is the progression from the perfectmarket,
law-of-one-price ideal world (on which most finance formulas are based) to
an imperfect market (in which formulas may need adjustment, explicitly or implicitly).
The layout on pages xiv–xv showcases the building blocks of this approach