The book opens with the fundamental question: What is corporate finance? It introduces the balance sheet model of the firm, the goal of maximizing shareholder wealth, and the crucial separation of ownership and control. The 10th edition updates agency theory discussions with early-2010s examples of corporate governance failures.
Here are some key concepts to focus on:
Modern Portfolio Theory (MPT) and the Capital Asset Pricing Model (CAPM) are dissected here. The authors do an exceptional job walking through the historical trade-off between risk and return, and the 10th edition includes updated tables of market risk premiums (equity risk premium) using data up to 2010. Corporate Finance 10th Edition Ross Westerfield Jaffe.pdf
Because the 10th edition uses older market data, your group can update the analysis using current Yahoo Finance or Bloomberg data. This turns a static textbook into a dynamic learning tool. The book opens with the fundamental question: What