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A textbook for students of corporate finance, capital budgeting, financial management, and financial theory. Blending theory and practice, it describes the practical applications of the modern theory of finance to realistic corporate decisions, made in uncertain environments, with particular reference to the allocation of the firm's longterm capital resources. This revised and updated edition (fourth was 1990) adds a new chapter on shortterm working capital management. Annotation copyright Book News, Inc. Portland, Or.
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