By following the same structure as the companion text, this book of exercises and solutions tests your knowledge of Strategic Financial Management. It also develops a number of theoretical concepts outlined in the companion text as a guide to further study. All the exercises and their solutions are easy to follow. Each chapter begins with a theoretical review of the basic issues to be examined. We then move into the real world of sophisticated, financial analysis. Each chapter also contains commentaries and a summary that provide further insight into current theory and practice, applied to the corporate investment and financial policies of today’s uncertain world.