Midlands State University Library
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Investments / created by Bodie Zvi, Alex Kane and Alan J. Marcus.

By: Contributor(s): Material type: TextTextTata McGraw-Hill, ©2005Edition: 6th EditionDescription: xxx, 1090 pages: illustrations; 25 cmContent type:
  • text
Media type:
  • rdamedia
Carrier type:
  • rdacarrier
ISBN:
  • 0072861789
  • 0070597979
Subject(s): LOC classification:
  • HG4521 BOD
Contents:
Introduction: Investment environment; Financial instruments; How securities are traded; Mutual funds and other investment companies -- Portfolio theory: History of interest rates and risk premiums; Risk and risk aversion; Capital allocation between the risky asset and the risk-free asset; Optimal risky portfolios -- Equilibrium in capital markets: Capital asset pricing model; Index models; Arbitrage pricing theory and multifactor models of risk and return; Market efficiency and behavioral finance; Empirical evidence on security returns -- Fixed-income securities: Bond prices and yields; Term structure of interest rates; Managing bond portfolios -- Security analysis: Macroeconomic and industry analysis; Equity valuation models; Financial statement analysis -- Options, futures, and other derivatives: Options markets, introduction; Option valuation; Futures markets; Futures and swaps, a closer look -- Applied portfolio management: Portfolio performance evaluation; International diversification; Process of portfolio management; Theory of active portfolio management -- Appendixes: Quantitative review; CFA citations.
Summary: [This book] is intended primarily as a textbook for courses in investment analysis ... This text will introduce you to major issues currently of concern to all investors. It can give you the skills to conduct a sophisticated assessment of current issues and debates covered by both the popular media as well as more-specialized finance journals. Whether you plan to become an investment professional, or simply a sophisticated individual investor, you will find these skills essential ... The common theme unifying this book is that security markets are nearly efficient, meaning most securities are usually priced appropriately given their risk and return attributes. There are few free lunches found in markets as competitive as the financial market. This simple observation is, nevertheless, remarkably powerful in its implications for the design of investment strategies; as a result, [the authors'] discussions of strategy are always guided by the implications of the efficient markets hypothesis.
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Holdings
Item type Current library Call number Copy number Status Date due Barcode
Book Book Main Library Open Shelf HG4521 BOD (Browse shelf(Opens below)) 61446 Available BK26857
Book Book Main Library Open Shelf HG4521 BOD (Browse shelf(Opens below)) 61445 Available BK144001

Includes bibliography and index.

Introduction: Investment environment; Financial instruments; How securities are traded; Mutual funds and other investment companies --
Portfolio theory: History of interest rates and risk premiums; Risk and risk aversion; Capital allocation between the risky asset and the risk-free asset; Optimal risky portfolios --
Equilibrium in capital markets: Capital asset pricing model; Index models; Arbitrage pricing theory and multifactor models of risk and return; Market efficiency and behavioral finance; Empirical evidence on security returns --
Fixed-income securities: Bond prices and yields; Term structure of interest rates; Managing bond portfolios --
Security analysis: Macroeconomic and industry analysis; Equity valuation models; Financial statement analysis --
Options, futures, and other derivatives: Options markets, introduction; Option valuation; Futures markets; Futures and swaps, a closer look --
Applied portfolio management: Portfolio performance evaluation; International diversification; Process of portfolio management; Theory of active portfolio management --
Appendixes: Quantitative review; CFA citations.

[This book] is intended primarily as a textbook for courses in investment analysis ... This text will introduce you to major issues currently of concern to all investors. It can give you the skills to conduct a sophisticated assessment of current issues and debates covered by both the popular media as well as more-specialized finance journals. Whether you plan to become an investment professional, or simply a sophisticated individual investor, you will find these skills essential ... The common theme unifying this book is that security markets are nearly efficient, meaning most securities are usually priced appropriately given their risk and return attributes. There are few free lunches found in markets as competitive as the financial market. This simple observation is, nevertheless, remarkably powerful in its implications for the design of investment strategies; as a result, [the authors'] discussions of strategy are always guided by the implications of the efficient markets hypothesis.

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