Corporate Finance

CORPORATE

FINANCE

T H IRD E DIT ION

JONATHAN BERK

STANFORD UNIVERSITY

PETER D E MARZO

STANFORD UNIVERSITY

Boston Columbus Indianapolis New York San Francisco Upper Saddle River

Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto

Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul Singapore Taipei Tokyo

To Rebecca, Natasha, and Hannah, for the love and for being there —J. B.

To Kaui, Pono, Koa, and Kai, for all the love and laughter —P. D.

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Credits: Cover: Sculpture in photo: Detail of Flamingo (1973), Alexander Calder. Installed in Federal Plaza, Chicago. Sheet

metal and paint, 1615.4 x 1828.8 x 731.5 cm. Copyright © 2013 Calder Foundation, New York/Artists Rights Society

(ARS), New York. Photo by Nikreates/Alamy; p. xxiii: Author photo: Nancy Warner

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