Essentials of investments / Zvi Bodie, Alex Kane, Alan J. Marcus.

CONTENTS

Investments: Background and issues
real assets versus financial assets
a taxonomy of financial assets
the investment process
markets are competitive
e.tc

Financial markets and instruments
the money markets
the fixed-income capital market
equity securities
e.tc

How securities are traded
how firms issue securities
where securities are traded
trading on exchanges
e.tc

Mutual and other Investment Companies
Investment companies
types of investment companies
mutual funds
e.tc


Investors and the investment process
investors and objectives
investor constraints
Objectives and constraints of various investors
e.tc

Risk and return: past and prologue
Rates of return
risk and risk premiums
the historical record
e.tc

Efficient diversification
diversification and portfolio risk
asset allocation with two risky assets
e.tc

Capital asset pricing and Arbitrage pricing
Demand for stocks and equilibrium prices
The capital asset pricing model
The CAPM and index models
e.tc

The efficient market Hypothesis
Random walks and the efficient market
Implications of the EMH for investment policy
Are markets efficient

Bond prices and yields
Bond characteristics
Default risk
Bond pricing
bond yields
e.tc

Managing fixed-income investments
Interest rate risk
passive bond management
interest rate swaps
e.tc

Macroeconomic and industry analysis
the global economy
the domestic macroeconomy
interest rates
e.tc

Equity valuation
balance sheet valuation methods
Intrinsic value versus market price
Dividend discount models
e.tc

Financial statement analysis
the major financial statements
accounting versus economic earnings
e.tc


Technical analysis
technical analysis
charting
technical indicators
e.tc

Options Markets
The option contract
value of options at expiration
optionlike securities
e.tc

Option valuation
introduction
binomial option pricing
Black-Scholes Option valuation
e.tc

Future markets
the futures contract
mechanics of trading in futures markets
futures market strategies
e.tc


Performance Evaluation and Active Portfolio management
Risk-adjusted returns
market timing
etc.

International Diversification
International investments
summary
e.tc

Includes bibliographical references (p. 667-672) and index.