Capital Markets: Institutions and Instruments: United States Edition - Hardcover

Fabozzi, Frank J.; Modigliani, Franco

Hardcover

ISBN 10: 0133001873 ISBN 13: 9780133001877

Publisher: Pearson, 1996

Synopsis

Appropriate for courses in Capital or Financial Markets or Institutions, Investment Banking and Derivatives Markets.

• Fabozzi and Modigliani describe all phases of the capital market, including the instruments, institutions and valuation of instruments.
• The text offers the most comprehensive capital market coverage available. It covers the instruments, the players, and the principles of valuation with an excellent blend of theory and practice. The Second Edition expands upon the topics covered in the first and updates all material to reflect the latest financial trends and developments.

About this title

Review:

"The text serves as a comprehensive guide to all the different instruments available on the market, and the coverage is in-depth... Specifically, it is the only text I have considered which covers the mortgage market and the various related instruments in such detail. It is also the only text to devote an entire chapter to Munis... The quantitative analysis in the text is commendable. It is in sufficient detail and developed in a step by step fashion which the students would like." ― Rita Biswas, University at Albany - SUNY

"Capital Markets...is the best text in its field for upper-level undergraduate and entry-level MBA courses. Compared to [other texts in this market] this text is much more advanced and thorough, providing students an in-depth understanding of all financial markets, instruments and participants... The writing style is outstanding. The authors have masterfully crafted each chapter finding balance between laconic and loquaciousness... Most, if not all, of the financial markets and institutions texts fail to include investment banks as relevant market participants. Not only does Capital Markets include this key market "player," but provides the best overview of the scope and nature of this financial entity." ― Charles B. ("Chip") Ruscher, The University of Arizona

"...this textbook is comprehensive in coverage and very well written. It treats an extensive number of topics in a clear and concise manner." ― Jacobus T. Severiens, John Carroll University

About this edition

• Publisher: Pearson
• Publication date: 1996
• ISBN 10: 0133001873
• ISBN 13: 9780133001877
• Binding: Hardcover
• Edition number: 2
• Number of pages: 768