Product Description
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.
--This text refers to an out of print or unavailable edition of this title.
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.
--This text refers to an out of print or unavailable edition of this title.
See all Product Description