Super Short Summary

Principles of Corporate Finance by Richard Brealey, Stewart Myers, and Franklin Allen is an undergraduate-level textbook designed for first-year finance students. It starts by reviewing general finance concepts like risk and value, then delves into complex corporate finance topics such as Net Present Value (NPV), the time value of money, cash flow management, corporate mergers, acquisitions, option valuations, and the Principal-agent Problem, making it an essential primer for understanding big business finance in the U.S.