We are pleased to present this Global Edition, which has been developed specifically to meet the needs of internationalInvestment students. A market leader in the field, this text introduces major issues of concern to all investors and placesemphasis on asset allocation. It gives students the skills to conduct a sophisticated assessment of watershed current issuesand debates. Bodie Investments' blend of practical and theoretical coverage combines with a complete digital solution tohelp your students achieve higher outcomes in the course.
We are pleased to present this Global Edition, which has been developed specifically to meet the needs of internationalInvestment students. A market leader in the field, this text introduces major issues of concern to all investors and placesemphasis on asset allocation. It gives students the skills to conduct a sophisticated assessment of watershed current issuesand debates. Bodie Investments' blend of practical and theoretical coverage combines with a complete digital solution tohelp your students achieve higher outcomes in the course.
Professor of finance and economics at Boston University School of Management. He holds a Ph.D. from the Massachusetts Institute of Technology and has served on the finance faculty at Harvard Business School and MIT's Sloan School of Management. Professor Bodie has published widely on pension finance and investment strategy in leading professional journals. His books include Worry-Free Investing: A safe Approach to Achieving your Lifetime Financial Goals and Foundations of Pension Finance. Professor Bodie is managing director of Integrated Finance Limited, a specialized investment bank and financial engineering company. He is also a member of the Advisory Board of the Pension Research Council.
Professor of finance and economics at the Graduate School of International Relations and Pacific Studies at the University of California, San Diego. He has been 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 pricing of options.
Inhaltsangabe
Part I Introduction
Chapter: 1 The Investment Environment
Chapter: 2 Asset Classes and Financial Instruments
Chapter: 3 How Securities are Traded
Chapter: 4 Mutual Funds and Other Investment Companies
Part II Portfolio Theory and Practice
Chapter: 5 Risk, Return, and the Historical Record
Chapter: 6 Capital Allocation to Risky Assets
Chapter: 7 Optimal Risky Portfolios
Chapter: 8 Index Models
Part III Equilibrium in Capital Markets
Chapter: 9 The Capital Asset Pricing Model
Chapter: 10 Arbitrage Pricing Theory and Multifactor Models of Risk and Return
Chapter: 11 The Efficient Market Hypothesis
Chapter: 12 Behavioral Finance and Technical Analysis
Chapter: 13 Empirical Evidence on Security Returns
Part IV Fixed-Income Securities
Chapter: 14 Bond Prices and Yields
Chapter: 15 The Term Structure of Interest Rates
Chapter: 16 Managing Bond Portfolios
Part V Security Analysis
Chapter: 17 Macroeconomic and Industry Analysis
Chapter: 18 Equity Valuation Models
Chapter: 19 Financial Statement Analysis
Part VI Options, Futures, and Other Derivatives
Chapter: 20 Options Markets: Introduction
Chapter: 21 Option Valuation
Chapter: 22 Futures Markets
Chapter: 23 Futures, Swaps, and Risk Management
Part VII Applied Portfolio Management
Chapter: 24 Portfolio Performance Evaluation
Chapter: 25 International Diversification
Chapter: 26 Hedge Funds
Chapter: 27 The Theory of Active Portfolio Management
Chapter: 28 Investment Policy and the Framework of the CFA Institute
