An Introduction to Institutions, Management, & Investments

Discusses the three primary aspects of finance - financial institutions, management, and investments and examines how they are interrelated using a modular format. The book provides a strong finance foundation that students can build on using Internet resources and sample number problems, cases, and calculator solutions that use a Microsoft® Excel® appendix. The text introduces the time value of money using three approaches to reinforce the concept - interest tables, financial calculator keystrokes, and investment analysis calculator software created specifically for the Mayo books.