Financial Modeling

The three previous editions of Financial Modeling have received a gratifyingly positive response from readers. The combination of a “cookbook,” mixing explanation and implementation using Excel, has fulfilled a need in both the academic and the practitioner markets from readers who realize that the implementation of the finance basics typically studied in an introductory finance course requires another, more heavily computational and implementational approach. Excel, the most widely used computational tool in finance, is a natural vehicle for deepening our understanding of the materials.