Fundamentals of Corporate Finance, Canadian Edition, 4th edition Jonathan Berk – TESTBANK

Test Bank For Fundamentals of Corporate Finance, Canadian Edition, 4th edition Jonathan Berk

ISBN-13: 9780137310050

In ‘Fundamentals of Corporate Finance,’ finance is depicted as a cohesive entity, rooted in two fundamental yet potent principles: firstly, decision-making is steered by valuation—the firm should undertake projects where the benefits outweigh the costs, and secondly, in a competitive market, values are determined by market prices rather than individual preferences. The authors seamlessly integrate these principles with the Valuation Principle, serving as the foundation for all key concepts in corporate finance.