Investments

by ZviBodie (Author)

• Used

  Hardcover
  2001

  $7.73

  Bodie/Kane/Marcus is the leading textbook in the graduate 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.

• Used

  Paperback
  2001

  $3.27

• Used

  Hardcover
  1995

  $5.33

  Organized around a central core of consistent fundamental concepts, this work focuses on the importance of building an efficient portfolio, utilizing an asset allocation strategy. Pricing and trading are covered, and these concepts are then applied to portfolio planning in real-world securities markets governed by risk/return relationships. The text balances theoretical and real-world applications in order to help students understand investment theory and portfolio development. This edition includes expanded coverage of of derivatives as effective risk management tools, a new section on the global economy, and consideration of international accounting issues and exotic options. In addition, market microstructure coverage has been expanded to include NASDAQ trading practices controversy.