650 Word Summary
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Summary of Chapters 8 & 9

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finance 4e

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finance 4e

Marcia Millon Cornett
Bentley University

Troy A. Adair Jr.
Harvard Business School

John Nofsinger
University of Alaska Anchorage

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a note from the authors
“There is a lot to cover in this course so I focus on the core concepts, theories, and problems.”

“I like to teach the course by using examples from their own individual lives.”

“My students come into this course with varying levels of math skills.”

How many of these quotes might you have said while teaching the undergraduate corporate finance course? Our
many years of teaching certainly reflect such sentiments, and as we prepared to write this book, we conducted many
market research studies that confirm just how much these statements—or ones similar—are common across the
country. This critical course covers so many crucial topics that instructors need to focus on core ideas to ensure that
students are getting the preparation they need for future classes—and for their lives beyond college.

We did not set out to write this book to change the way finance is taught, but rather to parallel and support the
way that instructors from across the country currently teach finance. Well over 600 instructors teaching this course
have shared their class experiences and ideas via a variety of research methods tha

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