SOLUTIONS MANUAL

Solutions Manual for Fundamentals of Corporate Finance 2026 Release By Richard Brealey, Stewart Myers, Alan Marcus, Nicholas Racculia

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611
File size
8.62 MB
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About this ebook
Solutions Manual FOR Fundamentals of Corporate Finance: 2026 Release (12th Edition) is a leading academic textbook published by McGraw Hill on February 13, 2026. This updated edition marks the addition of Dr. Nicholas Racculia as a co-author alongside the core team of Richard Brealey, Stewart Myers, and Alan Marcus. [1, 2, 3, 4]

Core Publication Details
  • Edition / Format: 12th Edition / Paperback / Softcover
  • International Standard Book Numbers: ISBN-10: 1265234124 | ISBN-13: 978-1265234126
  • Page Count: 800 pages
  • Target Audience: Undergraduate introductory courses in financial management and corporate finance. [1, 2, 3, 4, 5]

Textbook Structural Breakdown
The 2026 release spans 25 comprehensive chapters organized into eight distinct thematic parts: [1, 2]
  • Part 1: Introduction (Ch. 1-4): Covers goals, governance, financial markets, accounting, and performance metrics.
  • Part 2: Value (Ch. 5-11): Focuses on time value of money, bond/stock valuation, and investment criteria (NPV).
  • Part 3 & 4: Risk & Financing (Ch. 12-15): Explores capital budgeting, WACC, and corporate financing, including venture capital.
  • Part 5 & 6: Policy & Planning (Ch. 16-20): Details debt/payout policy, plus long-term and short-term financial planning.
  • Part 7 & 8: Specialized Topics & Conclusion (Ch. 21-25): Covers M&A, international finance, options, and risk management. [1]

Central Educational Pillars
The text, which balances theory with real-world application, centers on key areas: [1]
  • Investment Decisions: Using NPV and IRR for capital budgeting.
  • Financing Decisions: Determining optimal debt-equity mixes.
  • Cash Flow Focus: Prioritizing liquidity over accounting profits.
  • Risk Management: Applying tools like CAPM to analyze risk. [1, 2, 3]

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