Title: Investments

Author: Zvi Bodie, Alex Kane, Alan J. Marcus

Subjects: Investments

Description: PART 1: Introduction -- Ch. 1 The Investment Environment -- Ch. 2 Asset Classes and Financial Instruments -- Ch. 3 How Securities Are Traded -- Ch. 4 Mutual Funds and Other Investment Companies -- PART 2: Portfolio Theory and Practice -- Ch. 5 Risk, Return, and the Historical Record -- Ch. 6 Capital Allocation to Risky Assets -- Ch. 7 Efficient Diversification -- Ch. 8 Index Models -- PART 3: Equilibrium in Capital Markets -- Ch. 9 The Capital Asset Pricing Model -- Ch. 10 Arbitrage Pricing Theory and Multifactor Models of Risk and Return -- Ch. 11 The Efficient Market Hypothesis -- Ch. 12 Behavioral Finance and Technical Analysis -- Ch. 13 Empirical Evidence on Security Returns -- PART 4: Fixed-Income Securities -- Ch. 14 Bond Prices and Yields -- Ch. 15 The Term Structure of Interest Rates -- Ch. 16 Managing Bond Portfolios -- PART 5: Security Analysis -- Ch. 17 Macroeconomic and Industry Analysis -- Ch. 18 Equity Valuation Models -- Ch. 19 Financial Statement Analysis -- PART 6: Options, Futures, and Other Derivatives -- Ch. 20 Options Markets: Introduction -- Ch. 21 Option Valuation -- Ch. 22 Futures Markets -- Ch. 23 Futures, Swaps, and Risk Management -- PART 7: Applied Portfolio Management -- Ch. 24 Portfolio Performance Evaluation -- Ch. 25 International Diversification -- Ch. 26 Hedge Funds -- Ch. 27 The Theory of Active Portfolio Management -- Ch. 28 Investment Policy and the Framework of the CFA Institute

Abstract: “Investments sets the standard as a graduate (MBA) text intended primarily for courses in investment analysis. The guiding principle has been to present the material in a framework that is organized by a central core of consistent fundamental principles and will introduce students to major issues currently of concern to all investors. In an effort to link theory to practice, the authors make their approach consistent with that of the CFA Institute. Many features of this text make it consistent with and relevant to the CFA curriculum. The common unifying theme is that security markets are nearly efficient, meaning that most securities are priced appropriately given their risk and return attributes. Investments is also organized 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.” -- Publisher

Publisher: McGraw-Hill Education

Year of publication: 2021

ISBN: 9781260571158 (pbk.)