Principles of Corporate Finance Richard Brealey 13th Edition – Test Bank

Principles of Corporate Finance is a widely-used book written by Richard Brealey, offering a comprehensive overview of corporate finance theory and practice. The 13th edition of this book delves into the importance of financial managers understanding both the practical and theoretical aspects of their job. Throughout the book, readers are provided with insights into how financial theory can be used to solve real-world problems faced by managers.

This latest edition has been updated to reflect recent developments, including changes in tax laws such as the U.S. Tax Cuts and Jobs Act of 2017. Additionally, the international content of the book has been expanded, with several chapters being completely rewritten to provide a more contemporary perspective on corporate finance. For instance, Chapter 12 now features revised material on corporate issues, while Chapter 13 explores topics of market efficiency and behavioral finance in greater detail. Moreover, Chapter 23 has been enhanced to focus more on practical aspects of forecasting default probabilities in the context of credit risk.

Students and professionals in the field of finance can benefit from the insights and practical knowledge shared in Principles of Corporate Finance by Richard Brealey. Whether you are looking to deepen your understanding of financial management practices or seeking solutions to complex financial problems, this book serves as a valuable resource for enhancing your expertise in the field.

**FAQs**

1. **What is the ISBN for Principles of Corporate Finance Richard Brealey 13th Edition?**
– The ISBN-10 is 1260013901, and the ISBN-13 is 9781260013900.

2. **What are some of the key updates in the 13th edition of the book?**
– The 13th edition includes revisions related to changes in tax legislation, an increased focus on global content, and updated chapters on topics such as market efficiency, behavioral finance, and credit risk.

3. **Who can benefit from reading Principles of Corporate Finance?**
– Students and professionals in the field of finance seeking to enhance their knowledge of corporate finance theory and practice can benefit from reading this book.

**Conclusion**

Principles of Corporate Finance by Richard Brealey continues to be a valuable resource for individuals looking to deepen their understanding of financial management. The 13th edition of the book incorporates recent developments in the field, providing readers with updated insights and practical solutions to complex financial challenges. Whether you are a student seeking to grasp theoretical foundations or a professional looking to enhance your practical skills, this book offers a comprehensive guide to navigating the world of corporate finance.