Title: Badly written book
Product review: I purchased book for a PhD finance class and I was extremely disappointed. The presentation of concepts was fragmented and inconsistent. It seems like each paragraph was written on a different day with no regard for what was put in the previous paragraph. Most of the material is not presented in an intuitive manner. If you want a deep understanding of financial theory, skip this book. It would be a better idea to simply memorize the relevant formulas and use the money to buy another book. To make things worse, the book itself is cheaply made and falls apart after a few weeks
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