Copyright 2019 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. WCN 02-200-203
,Fundamentals of
FINANCIAL
MANAGEMENT 15e
Eugene F. Brigham
University of Florida
Joel F. Houston
University of Florida
Australia ● Brazil ● Mexico ● Singapore ● United Kingdom ● United States
Copyright 2019 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. WCN 02-200-203
Copyright 2019 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s).
Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.
, This is an electronic version of the print textbook. Due to electronic rights restrictions,
some third party content may be suppressed. Editorial review has deemed that any suppressed
content does not materially affect the overall learning experience. The publisher reserves the right
to remove content from this title at any time if subsequent rights restrictions require it. For
valuable information on pricing, previous editions, changes to current editions, and alternate
formats, please visit www.cengage.com/highered to search by ISBN#, author, title, or keyword for
materials in your areas of interest.
Important Notice: Media content referenced within the product description or the product
text may not be available in the eBook version.
Copyright 2019 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. WCN 02-200-203
Copyright 2019 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s).
Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.
, Fundamentals of Financial Management, © 2019, 2016 Cengage Learning, Inc.
Fifteenth edition
Eugene F. Brigham and Joel F. Houston Unless otherwise noted, all content is © Cengage
Senior Vice President, Higher Ed Product, ALL RIGHTS RESERVED. No part of this work covered by the copyright herein
Content, and Market Development: Erin Joyner may be reproduced or distributed in any form or by any means, except as
permitted by U.S. copyright law, without the prior written permission of the
VP, B&E, 4LTR and Support Program: copyright owner.
Mike Schenk
Sr. Product Team Manager: Joe Sabatino
For product information and technology assistance, contact us at
Content Developer: Brittany Waitt
Cengage Customer & Sales Support, 1-800-354-9706
Product Assistant: Renee Schnee
For permission to use material from this text or product, submit all
Sr. Marketing Manager: Nathan Anderson requests online at www.cengage.com/permissions
Further permissions questions can be emailed to
Content Project Manager: Nadia Saloom
Digital Content Designer: Brandon C. Foltz
Digital Project Manager: Mark Hopkinson
Library of Congress Control Number: 2017959753
Marketing Communications Manager:
Sarah Greber
ISBN: 978-1-337-39525-0
Production Service: MPS Limited
Cengage
Sr. Art Director: Michelle Kunkler
20 Channel Center Street
Text Designer: Imbue Design/Kim Torbeck Boston, MA 02210
USA
Cover Designer: Imbue Design/Kim Torbeck
Cover Image: hfzimages/Shutterstock.com Cengage is a leading provider of customized learning solutions with
employees residing in nearly 40 different countries and sales in more than
Intellectual Property
125 countries around the world. Find your local representative at
Analyst: Reba A. Frederics
www.cengage.com.
Project Manager: Erika A. Mugavin
Cengage products are represented in Canada by
Nelson Education, Ltd.
To learn more about Cengage platforms and services, visit
www.cengage.com
To register or access your online learning solution or purchase materials for
your course, visit www.cengagebrain.com.
Printed in the United States of America
Print Number: 01 Print Year: 2018
Copyright 2019 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. WCN 02-200-203
Copyright 2019 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s).
Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.
,Fundamentals of
FINANCIAL
MANAGEMENT 15e
Eugene F. Brigham
University of Florida
Joel F. Houston
University of Florida
Australia ● Brazil ● Mexico ● Singapore ● United Kingdom ● United States
Copyright 2019 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. WCN 02-200-203
Copyright 2019 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s).
Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.
, This is an electronic version of the print textbook. Due to electronic rights restrictions,
some third party content may be suppressed. Editorial review has deemed that any suppressed
content does not materially affect the overall learning experience. The publisher reserves the right
to remove content from this title at any time if subsequent rights restrictions require it. For
valuable information on pricing, previous editions, changes to current editions, and alternate
formats, please visit www.cengage.com/highered to search by ISBN#, author, title, or keyword for
materials in your areas of interest.
Important Notice: Media content referenced within the product description or the product
text may not be available in the eBook version.
Copyright 2019 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. WCN 02-200-203
Copyright 2019 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s).
Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.
, Fundamentals of Financial Management, © 2019, 2016 Cengage Learning, Inc.
Fifteenth edition
Eugene F. Brigham and Joel F. Houston Unless otherwise noted, all content is © Cengage
Senior Vice President, Higher Ed Product, ALL RIGHTS RESERVED. No part of this work covered by the copyright herein
Content, and Market Development: Erin Joyner may be reproduced or distributed in any form or by any means, except as
permitted by U.S. copyright law, without the prior written permission of the
VP, B&E, 4LTR and Support Program: copyright owner.
Mike Schenk
Sr. Product Team Manager: Joe Sabatino
For product information and technology assistance, contact us at
Content Developer: Brittany Waitt
Cengage Customer & Sales Support, 1-800-354-9706
Product Assistant: Renee Schnee
For permission to use material from this text or product, submit all
Sr. Marketing Manager: Nathan Anderson requests online at www.cengage.com/permissions
Further permissions questions can be emailed to
Content Project Manager: Nadia Saloom
Digital Content Designer: Brandon C. Foltz
Digital Project Manager: Mark Hopkinson
Library of Congress Control Number: 2017959753
Marketing Communications Manager:
Sarah Greber
ISBN: 978-1-337-39525-0
Production Service: MPS Limited
Cengage
Sr. Art Director: Michelle Kunkler
20 Channel Center Street
Text Designer: Imbue Design/Kim Torbeck Boston, MA 02210
USA
Cover Designer: Imbue Design/Kim Torbeck
Cover Image: hfzimages/Shutterstock.com Cengage is a leading provider of customized learning solutions with
employees residing in nearly 40 different countries and sales in more than
Intellectual Property
125 countries around the world. Find your local representative at
Analyst: Reba A. Frederics
www.cengage.com.
Project Manager: Erika A. Mugavin
Cengage products are represented in Canada by
Nelson Education, Ltd.
To learn more about Cengage platforms and services, visit
www.cengage.com
To register or access your online learning solution or purchase materials for
your course, visit www.cengagebrain.com.
Printed in the United States of America
Print Number: 01 Print Year: 2018
Copyright 2019 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. WCN 02-200-203
Copyright 2019 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s).
Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.
