This book provides a solid theoretical framework around which to build practical knowledge of securities and securities markets. It offers a balanced presentation of theory and practice and it explains to students the essentials of prominent investment concepts. Just as importantly, it explains how those concepts are applied by professional investors. Further, the book reviews a wide range of empirical studies that connect the academic to the practitioner. Numerous examples enhance students' understanding of important ideas.
- Hardback | 900 pages
- 190.5 x 236.22 x 45.72mm | 1,814.36g
- 13 Dec 1994
- Pearson Education (US)
- United States
- 5th edition
Table of contents
1. Introduction. 2. Buying and Selling Securities. 3. Security Markets. 4. Investment Value and Market Price. 5. The Valuation of Riskless Securities. 6. The Valuation of Risky Securities. 7. The Portfolio Selection Problem. 8. Portfolio Analysis. 9. Riskfree Lending and Borrowing. 10. The Capital Asset Pricing Model. 11. Factors Models. 12. Arbitrage Pricing Theory. 13. Taxes and Inflation. 14. Fixed-Income Securities. 15. Bond Analysis. 16. Bond Portfolio Management. 17. Common Stocks. 18. The Valuation of Common Stocks. 19. Earnings. 20. Options. 21. Futures. 22. Investment Companies. 23. Financial Analysis. 24. Investment Management. 25. Portfolio Performance Evaluation. 26. Extended Diversification.