This text offers coverage of investments with an emphasis on portfolio theory. It also includes extensive discussion of capital asset pricing, pricing of derivative securities, interest rates and bond management. Stock valuation, estimating future earnings and dividends and fixed income markets are examined closely. Further features include options and forward futures contracts; a new chapter on applied portfolio management; mini case studies with real-world situations; and details of utility theory. The book is designed for intermediate undergraduate or post-graduate level courses on investment, investment management, security analysis and portfolio theory.
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Intended for the introductory graduate or intermediate undergraduate courses in Investments and Finance Theory.
This text offers accurate and intuitive coverage of investments, with an emphasis on portfolio theory. It includes extensive discussion of capital asset pricing, arbitrage pricing, pricing of derivative securities, interest rates, and bond management. Stock valuation, estimating future earnings and dividends, and fixed income markets are examined. Calculus is useful, but not required, since it is used only in the appendixes to the main discussions in the chapters.From the Back Cover:
Customized directly to match the problems in the text, this new windows-based software enables students to easily and immediately see the effects of changing assumptions on the structure of asset allocation, expected returns to industries and asset classes, performance evaluation and many other investment decisions.
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Book Description Prentice Hall, Upper Saddle River, NJ, 2002. Softcover. Book Condition: Very Good. The text appears clean, the cover has light lower front corner wear. Includes CD Quantity Available: 1. ISBN: 0130336505. ISBN/EAN: 9780130336507. Pictures of this item not already displayed here available upon request. Inventory No: 1560797446. Bookseller Inventory # 1560797446