Finance
Author: Zvi Bodie, Robert C Merton
List Price: $125.00
Our Price: Click to see the latest and low price
ISBN: 0130151025
Publisher: Prentice Hall (16 August, 1999)
Sales Rank: 153,901
Average Customer Rating: 3 out of 5
Customer Reviews
Rating: 1 out of 5
DO NOT WASTE YOUR MONEY
This book is the worst finance book I've come across. I had to resort to a past finance book in order to get through the class that this book was assigned for. It has no mathematical basis for serious students of finance. There are numerous typographical errors.
An excerpt, "To give a simple example, consider the choice between alternative A - you get $100 today - and alternative B-you get $95 today. Suppose you had to guess how a stranger, about whose preferences and future expectations you nothing at all, would choose." This is UNIVERSITY LEVEL MATERIAL?!?
Do yourself a favor, look somewhere else and do not buy this [book]
Rating: 3 out of 5
Thumbs part way up
Like others, I too first saw this book in paper. I am now using it to teach a class of law students -- smart kids but mostly without great numeracy. I think it is working okay but (like so many coursebooks?) perhaps not as well as expected. One problem is indeed the typos -- I'm a sloppy writer myself and typos are my incubus, but with all the beta testing and with all the publisher support, you would think they could have done better (indeed, I sent my own list to the publisher back in the beta days -- I got a nice thank you but I don't see my name in the acknowledgments, so I suspect they hit the trash). Aside from that -- the presentation seems mostly clean and straightforward, but quite often too elliptical for my students -- I've felt I had to do a lot of backgrounding. Unlike other reviewers, I quite like the problems -- I think some of them press the envelope a bit, but that is just fine with me, exactly what they should do. I do feel that the authors bring together a remarkable lot of stuff in a compact and orderly manner. In this respect with this book as with so many other coursebooks, perhaps it is the case that the teacher is getting more out of it than the student.
Rating: 1 out of 5
This book should not be used for graduate level study
I was required to purchase this book for an MBA class in Business Finance. To put it simply, this book is terrible. There are errors in calculations from front cover to back. The describers used to name calculations are changed from page to page, without any consistency whatsoever, requiring a flow chart to understand what it is Bodie and Merton are discussing. Nobel prize or not, Mr. Bodie and Mr. Merton should be embarrassed to publish such trash.Also, the way the questions are worded in the end of chapter reviews leave little relevance to what was taught in the preceding pages. Often questions that are asked are open-ended and very ambiguous.
I would not recommend this book to anyone and have asked my University to stop using this book because it is so flawed.
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