Principles of Corporate Finance is a modern treatment of corporate finance. It offers a presentation of key tools and concepts combined with the business applications students need to understand corporate financial theory. Bridging between theory and application through a learning-by-doing problem-solving approach, the text makes use of real-world examples, mini-cases, and a selection of problem material. This practical, applied approach helps students appreciate the role of the Chief Financial Officer (CFO) and emphasizes capital markets innovations that substantially affect the CFO's job.