FINANCIAL MANAGEMENT
Principles and Practice Fifth Edition
Timothy J. Gallagher
Colorado State University
2009 Freeload Press, Madison Wisconsin
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Solutions Manual to accompany
Financial Management: Principles and Practice
5th Edition by Timothy J. Gallagher
This solutions manual provides the answers to all the review questions and end-of-chapter problems in Financial Management: Principles and Practice, by Timothy Gallagher. The answers and the steps taken to obtain the answers are shown. Readers are reminded that in finance there is often more than one answer to a question or to a problem, depending on one‘s viewpoint and assumptions. One answer is provided here to each question and one approach is shown for solving each problem. Other answers and approaches may be equally valid, or judged even better according to each individual‘s preference.
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TABLE OF CONTENTS Chapter 1 Solutions....................................................................................................................5 Chapter 2 Solutions....................................................................................................................9 Chapter 3 Solutions..................................................................................................................13 Chapter 4 Solutions..................................................................................................................16 Chapter 5 Solutions..................................................................................................................24 Chapter 6 Solutions..................................................................................................................34 Chapter 7 Solutions..................................................................................................................41 Chapter 8