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Description of Investments and S&P's Educational Version of Market Insight: With PowerWeb & Stock Trak Di...

Bodie, Kane, and Marcus' "Investments" is the leading textbook for the graduate/MBA investments market. It is recognized as the best blend of practical and theoretical coverage, while maintaining an appropriate rigor and clear writing style. Its unifying theme is that security markets are nearly efficient, meaning that most securities are usually priced appropriately given their risk and return attributes. The text places greater emphasis on asset allocation, and offers a much broader and deeper treatment of futures, options, and other derivative security markets than most investment texts.

Title Information

ISBN:

9780071238205

Pages:

992 pages

Format:

Paperback

Product Code:

20661

Publisher:

McGraw-Hill Higher Education

Published:

01/04/2004

Edition:

6th Revised edition

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About Zvi Bodie and Alex Kane and Alan Marcus

Zvi Bodie is Professor of Finance and Economics at the Boston University School of Management. He is the director of Boston University's Chartered Financial Analysts Examination Review Program and has served as consultant to many private and governmental organizations. Professor Bodie is a research associate of the National Bureau of Economic Research, where he was director of the NBER Project on Financial Aspects of the U.S. Pension System, and he is a member of the Pension Research Council of The Wharton School. He is widely published in leading professional journals, and his previous books include Pensions in the U.S. Economy, Issues in Pension Economics, and Financial Aspects of the U.S. Pension System. Alex Kane is professor of finance and economics at the Graduate School of International Relations and Pacific Studies at the University of California, San Diego. He was 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, most recently in the measurement of market volatility and the pricing of options. Professor Kane is the developer of the International Simulation Laboratory (ISL) for training and experimental research in executive decision making. Alan Marcus is professor of finance in the Wallace E. Carroll School of Management at Boston College. He received his PHD in Economics from MIT in 1981. Professor Marcus recently 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. He also established the Chartered Financial Analysts Review Program at Boston College. Professor Marcus has published widely in the fields of capital markets and portfolio management, with an emphasis on applications of futures and options pricing models. His consulting work has ranged from new product development to provision of expert testimony in utility rate proceedings. He also spend two years at the Federal Home Loan Mortgage Corporation (Freddie Mac), where he developed models of mortgage pricing and credit risk, and he currently serves on the Advisory Council for the Currency Risk Management Alliance of State Street Bank and Windham Capital Management Boston.

Contents of Investments and S&P's Educational Version of Market Insight: With PowerWeb & Stock Trak Discount Coupon

PART 1: Introduction
1. The Investment Environment
2. Markets and Instruments
3. How Securities are Traded
4. Mutual Funds and Other Investment Companies
5. History of Interest Rates and Risk Premiums

PART 2: Portfolio Theory
6. Risk and Risk Aversion
7. Capital Allocation between the Risky Asset and the
Risk-Free Asset
8. Optimal Risky Portfolios

PART 3: Equilibrium in Capital Markets
9. The Capital Asset Pricing Model
10. Single-Index and Multi-Factor Models
11. Arbitrage Pricing Theory
12. Market Efficiency
13. Empirical Evidence on Security Returns

PART 4: Fixed-Income Securities
14. Bond Prices and Yields
15. The Term Structure of Interest Rates
16. Fixed-Income Portfolio Management

PART 5: Security Analysis
17. Macroeconomic and Industry Analysis
18. Equity Valuation Models
19. Financial Statement Analysis

PART 6: Options, Futures and Other Derivatives
20. Options Markets: Introduction
21. Option Valuation
22. Future Markets
23. Futures and Swaps: A Closer Look

PART 7: Applied Portfolio Management
24. Portfolio Performance Evaluation
25. International Diversification
26. The Process of Portfolio Management
27. Risk Management and Hedging
Quantitative Review
28. The Theory of Active Portfolio Management

Appendix A: Quantitative overview
Appendix B: CFA Citations