Investments ISE

Häftad, Engelska, 2023

781 kr

Beställningsvara. Skickas inom 3-6 vardagar. Fri frakt över 249 kr.

Beskrivning

Investments set the standardas a graduate (MBA) text intended primarily for courses in investment analysis.The guiding principle has been to present the material in a framework that isorganized by a central core of consistent fundamental principles and will introducestudents to major issues currently of concern to all investors. In an effort to link theory to practice, the authorsmake their approach consistent with that of the CFA Institute. Many features ofthis text make it consistent with and relevant to the CFA curriculum.

The common unifying theme is that securitymarkets are nearly efficient, meaning that most securities are priced appropriately given their risk and return attributes. Investments is alsoorganized around several important themes: The central theme is the near informational-efficiency of well-developed security markets and the general awareness that competitive markets do not offer "free lunches" to participants. A second theme is the risk–return trade-off. Also, this text places great emphasis on asset allocation. Finally, this text offers a broad and deep treatment of futures, options, and other derivative security markets.

Produktinformation

Utgivningsdatum:2023-03-07
Mått:200 x 251 x 38 mm
Vikt:1 839 g
Format:Häftad
Språk:Engelska
Antal sidor:1 072
Upplaga:13
Förlag:McGraw-Hill Education
ISBN:9781266085963

Utforska kategorier

Finansiering inom Ekonomi och Ledarskap

Mer om författaren

Zvi Bodie is Professor Emeritus at Boston University. He holds a PhD from the Massachusetts Institute of Technology and has served on the finance faculty at the Harvard Business School and MIT's Sloan School of Management. He has published widely in scholarly and professional journals on pension investment strategy and life-cycle asset-liability matching. In 2007 the Retirement Income Industry Association gave him its Lifetime Achievement Award for applied research. Alex Kune holds a PhD from the Stern School of Business of New York University and has been Visiting Professor at the Faculty of Economics, University of Tokyo; Graduate School of Business, Harvard; Kennedy School of Government, Harvard; and Research Associate, National Bureau of Economic Research. An author of many articles in finance and management journals. Professor Kane’s research is mainly in corporate finance, portfolio management. and capital markets. Alan Marcus is the Mario J. Gabelli Professor of Finance in the Carroll School of Management at Boston College. He received his PhD in economics from MIT. Professor Marcus has been a visiting professor at the Athens Laboratory of Business Administration and at MIT's Sloan School of Management and has served as a research associate at the National Bureau of Economic Research. Professor Marcus has published widely in the fields of capital markets and portfolio management. He also spent two years at the Federal Home Loan Mortgage Corporation (Freddie Mac), where he developed models of mortgage pricing and credit risk.He currently serves on the Research Foundation Advisory Board of the CFA Institute.

Innehållsförteckning

PART I: IntroductionChapter 1: The Investment EnvironmentChapter 2: Asset Classes and Financial InstrumentsChapter 3: How Securities Are TradedChapter 4: Mutual Funds and Other InvestmentCompanies PART II: Portfolio Theory and PracticeChapter 5: Risk, Return, and the HistoricalRecordChapter 6: Capital Allocation to Risky AssetsChapter 7: Efficient DiversificationChapter 8: Index Models PART III: Equilibrium in Capital MarketsChapter 9: The Capital Asset Pricing ModelChapter 10: Arbitrage Pricing Theory andMultifactor Models of Risk and ReturnChapter 11: The Efficient Market HypothesisChapter 12: Behavioral Finance and TechnicalAnalysisChapter 13: Empirical Evidence on SecurityReturns PART IV: Fixed-Income SecuritiesChapter 14: Bond Prices and YieldsChapter 15: The Term Structure of Interest RatesChapter 16: Managing Bond Portfolios PART V: Security AnalysisChapter 17: Macroeconomic and Industry AnalysisChapter 18: Equity Valuation ModelsChapter 19: Financial Statement AnalysisPART VI: Options, Futures, and Other DerivativesChapter 20: Options Markets: IntroductionChapter 21: Option ValuationChapter 22: Futures MarketsChapter 23: Futures, Swaps, and Risk ManagementPART VII: Applied Portfolio ManagementChapter 24: Portfolio Performance EvaluationChapter 25: International DiversificationChapter 26: Alternative AssetsChapter 27: The Theory of Active PortfolioManagementChapter 28: Investment Policy and the Frameworkof the CFA InstituteREFERENCES TO CFA PROBLEMSGLOSSARYNAME INDEXSUBJECT INDEXNOTATION, FORMULAS