An excellent text book...
8/24/2006
For those who are interested in getting knowledge in finance, this is an excellent source. Besides a friendly theory explanation, all chapters bring a list of exercises to set the most important points covered in each one. I do recommend it.
Trying to Impress the Reader
11/10/2006
This text is written for an audience with a solid grasp of economic theory and finance. The chapters build on the vocabulary of the one preceeding it but also assumes the reader is fluent in the terminology and it's use. While answers are supplied to self test problems how to arrive at those answers is not provided. The test bank exams require absolute grasp of all variations of the problems and multiple choice answers includ likely results wich are wrong, so selecting between the correct answer and other answers which would result from common error such as a mis-set financial calculator, are provided.
Good textbook
11/10/2006It explains everything clearly. I have another finance book with the same type of content but this one is definitely easier to understand. Recommend it.
Amazon Messed up my order
12/16/2006
Amazon shipped me a $30 book in place of this textbook. Nice trick, I hope I don't have problem receiving a refund. I needed this textbook for class, now I have to shop somewhere else. Great job Amazon, count me as a former customer.
A well-written book
6/27/2007
I used this textbook for one of my graduate level finance classes, and I just loved the book! It's very well-written, and covers all the basic premises of finance (PV, FV, etc), and then goes on to more advanced stuff (Equity and Fixed Income Valuation, etc). The textbook requires some knowledge of accounting for more advanced topics. Overall, I found the book easy-to-read and easy-to-follow. I found the book useful for the CFA Level I exam preparation, as it gives in-breadth explanation of major concepts.