This book was designed and developed explicitly for a fi rst course in business or corporate fi nance, for both fi nance majors and non-majors alike. In terms of background or prerequisites, the book is nearly selfcontained, assuming some familiarity with basic algebra and accounting concepts, while still reviewing important accounting principles very early on. The organization of this text has been developed to give instructors the fl exibility they need. | Fundamentals of corporate finance Part 1