Financial Markets & Institutions (MindTap Course List)

Cover
Brief Contents
Contents
Preface
About the Author
Part 1: Overview of the Financial Environment
	Chapter 1: Role of Financial Markets and Institutions
		1-1 Role of Financial Markets
		1-2 Securities Traded in Financial Markets
		1-3 Role of Financial Institutions
		1-4 Systemic Risk among Financial Institutions
		Summary
		Point/Counterpoint
		Questions and Applications
		Flow of Funds Exercise
		Internet/Excel Exercises
		WSJ Exercise
		Online Articles with Real-World Examples
	Chapter 2: Determination of Interest Rates
		2-1 Loanable Funds Theory
		2-2 Factors That Affect Interest Rates
		2-3 Forecasting Interest Rates
		Summary
		Point/Counterpoint
		Questions and Applications
		Problems
		Flow of Funds Exercise
		Internet/Excel Exercises
		WSJ Exercise
		Online Articles with Real-World Examples
	Chapter 3: Structure of Interest Rates
		3-1 Why Debt Security Yields Vary
		3-2 Modeling the Yield to be Offered on a Debt Security
		3-3 A Closer Look at the Term Structure
		Summary
		Point/Counterpoint
		Questions and Applications
		Problems
		Flow of Funds Exercise
		Internet/Excel Exercises
		WSJ Exercise
		Online Articles with Real-World Examples
		Part 1: Integrative Problem: Interest Rate Forecasts and Investment Decisions
Part 2: The Fed and Monetary Policy
	Chapter 4: Functions of the Fed
		4-1 Organizational Structure of the Fed
		4-2 Fed Control of the Money Supply
		4-3 The Fed's Intervention during the Credit Crisis
		4-4 Global Monetary Policy
		Summary
		Point/Counterpoint
		Questions and Applications
		Flow of Funds Exercise
		Internet/Excel Exercise
		WSJ Exercise
		Online Articles with Real-World Examples
	Chapter 5: Monetary Policy
		5-1 Input Used to Determine Monetary Policy
		5-2 Implementing a Stimulative Monetary Policy
		5-3 Implementing a Restrictive Monetary Policy
		5-4 Trade-off in Monetary Policy
		5-5 Monitoring the Impact of Monetary Policy
		5-6 Global Monetary Policy
		Summary
		Point/Counterpoint
		Questions and Applications
		Flow of Funds Exercise
		Internet/Excel Exercises
		WSJ Exercise
		Online Articles with Real-World Examples
		Part 2: Integrative Problem: Fed Watching
Part 3: Debt Security Markets
	Chapter 6: Money Markets
		6-1 Money Market Securities
		6-2 Institutional Use of Money Markets
		6-3 Globalization of Money Markets
		Summary
		Point/Counterpoint
		Questions and Applications
		Problems
		Flow of Funds Exercise
		Internet/Excel Exercises
		WSJ Exercise
		Online Articles with Real-World Examples
	Chapter 7: Bond Markets
		7-1 Background on Bonds
		7-2 Treasury and Federal Agency Bonds
		7-3 Municipal Bonds
		7-4 Corporate Bonds
		7-5 Globalization of Bond and Loan Markets
		7-6 Other Types of Long-term Debt Securities
		Summary
		Point/Counterpoint
		Questions and Applications
		Problems
		Flow of Funds Exercise
		Internet/Excel Exercise
		WSJ Exercise
		Online Articles with Real-World Examples
	Chapter 8: Bond Valuation and Risk
		8-1 Bond Valuation Process
		8-2 Explaining Bond Price Movements
		8-3 Sensitivity of Bond Prices to Interest Rate Movements
		8-4 Bond Investment Strategies
		8-5 Valuation and Risk of International Bonds
		Summary
		Point/Counterpoint
		Questions and Applications
		Problems
		Flow of Funds Exercise
		Internet/Excel Exercises
		Online Articles with Real-World Examples
		Appendix 8: Forecasting Bond Prices and Yields
	Chapter 9: Mortgage Markets
		9-1 Background on Mortgages
		9-2 Types of Residential Mortgages
		9-3 Valuation of Mortgages
		9-4 Mortgage-Backed Securities
		9-5 Credit Crisis
		Summary
		Point/Counterpoint
		Questions and Applications
		Problem
		Flow of Funds Exercise
		Internet/Excel Exercise
		WSJ Exercise
		Online Articles with Real-World Examples
		Part 3: Integrative Problem: Asset Allocation
Part 4: Equity Markets
	Chapter 10: Stock Offerings and Investor Monitoring
		10-1 Private Equity
		10-2 Public Equity
		10-3 Initial Public Offerings
		10-4 Stock Offerings and Repurchases
		10-5 Stock Exchanges
		10-6 Monitoring Publicly Traded Companies
		10-7 Market for Corporate Control
		10-8 Globalization of Stock Markets
		Summary
		Point/Counterpoint
		Questions and Applications
		Problem
		Flow of Funds Exercise
		Internet/Excel Exercises
		WSJ Exercise
		Online Articles with Real-World Examples
	Chapter 11: Stock Valuation and Risk
		11-1 Stock Valuation Methods
		11-2 Required Rate of Return on Stocks
		11-3 Factors That Affect Stock Prices
		11-4 Stock Risk
		11-5 Measuring Risk-Adjusted Stock Performance
		11-6 Stock Market Efficiency
		11-7 Foreign Stock Valuation and Performance
		Summary
		Point/Counterpoint
		Questions and Applications
		Problems
		Flow of Funds Exercise
		Internet/Excel Exercises
		WSJ Exercise
		Online Articles with Real-World Examples
		Appendix 11: The Link between Accounting and Stock Valuation
	Chapter 12: Market Microstructure and Strategies
		12-1 Stock Market Transactions
		12-2 How Stock Transactions are Executed
		12-3 High Frequency Trading
		12-4 Regulation of Stock Trading
		12-5 Trading International Stocks
		Summary
		Point/Counterpoint
		Questions and Applications
		Problems
		Flow of Funds Exercise
		Internet/Excel Exercises
		Online Articles with Real-World Examples
		Part 4: Integrative Problem: Stock Market Analysis
Part 5: Derivative Security Markets
	Chapter 13: Financial Futures Markets
		13-1 Background on Financial Futures
		13-2 Interest Rate Futures Contracts
		13-3 Stock Index Futures
		13-4 Single Stock Futures
		13-5 Risk of Trading Futures Contracts
		13-6 Globalization of Futures Markets
		Summary
		Point/Counterpoint
		Questions and Applications
		Problems
		Flow of Funds Exercise
		Internet/Excel Exercises
		Online Articles with Real-World Examples
	Chapter 14: Option Markets
		14-1 Background on Options
		14-2 Determinants of Stock Option Premiums
		14-3 Speculating with Stock Options
		14-4 Hedging with Stock Options
		14-5 Options on ETFs and Stock Indexes
		14-6 Options on Futures Contracts
		14-7 Options as Executive Compensation
		14-8 Globalization of Options Markets
		Summary
		Point/Counterpoint
		Questions and Applications
		Problems
		Flow of Funds Exercise
		Internet/Excel Exercises
		Online Articles with Real-World Examples
		Appendix 14: Option Valuation
	Chapter 15: Swap Markets
		15-1 Background
		15-2 Types of Swaps
		15-3 Risks of Interest Rate Swaps
		15-4 Pricing Interest Rate Swaps
		15-5 Performance of Interest Rate Swaps
		15-6 Interest Rate Caps, Floors, and Collars
		15-7 Credit Default Swaps
		15-8 Globalization of Swap Markets
		Summary
		Point/Counterpoint
		Questions and Applications
		Problems
		Flow of Funds Exercise
		Internet/Excel Exercises
		WSJ Exercise
		Online Articles with Real-World Examples
	Chapter 16: Foreign Exchange Derivative Markets
		16-1 Foreign Exchange Markets and Systems
		16-2 Factors Affecting Exchange Rates
		16-3 Forecasting Exchange Rates
		16-4 Foreign Exchange Derivatives
		16-5 International Arbitrage
		Summary
		Point Counter-Point
		Questions and Applications
		Problems
		Flow of Funds Exercise
		Internet/Excel Exercises
		WSJ Exercise
		Online Articles with Real-World Examples
		Appendix 16: Currency Option Pricing
		Part 5: Integrative Problem: Choosing among Derivative Securities
		Midterm Self-Exam
Part 6: Commercial Banking
	Chapter 17: Commercial Bank Operations
		17-1 Background on Commercial Banks
		17-2 Banks' Sources of Funds
		17-3 Banks' Uses of Funds
		17-4 Off-Balance Sheet Activities
		17-5 International Banking
		Summary
		Point/Counterpoint
		Questions and Applications
		Interpreting Financial News
		Flow of Funds Exercise
		Internet/Excel Exercise
		Online Articles with Real-World Examples
	Chapter 18: Bank Regulation
		18-1 Regulatory Structure
		18-2 Regulation of Bank Operations
		18-3 Regulation of Capital
		18-4 How Regulators Monitor Banks
		18-5 Government Actions during the Credit Crisis
		18-6 Government Funding during the Crisis
		18-7 Financial Reform Act of 2010
		18-8 Global Bank Regulations
		Summary
		Point/Counterpoint
		Questions and Applications
		Flow of Funds Exercise
		Internet/Excel Exercise
		WSJ Exercise
		Online Articles with Real-World Examples
	Chapter 19: Bank Management
		19-1 Bank Goals, Strategy, and Governance
		19-2 Managing Liquidity
		19-3 Managing Interest Rate Risk
		19-4 Managing Credit Risk
		19-5 Managing Market Risk
		19-6 Integrated Bank Management
		19-7 Managing Risk of International Operations
		Summary
		Point/Counterpoint
		Questions and Applications
		Problems
		Flow of Funds Exercise
		Internet/Excel Exercises
		WSJ Exercise
		Online Articles with Real-World Examples
	Chapter 20: Bank Performance
		20-1 Valuation of a Commercial Bank
		20-2 Assessing Bank Performance
		20-3 Evaluation of a Bank's ROA
		Summary
		Point/Counterpoint
		Questions and Applications
		Problem
		Flow of Funds Exercise
		Internet/Excel Exercises
		WSJ Exercise
		Online Articles with Real-World Examples
		Part 6: Integrative Problem: Forecasting Bank Performance
Part 7: Nonbank Operations
	Chapter 21: Thrift Operations
		21-1 Background on Savings Institutions
		21-2 Sources and Uses of Funds
		21-3 Valuation of a Savings Institution
		21-4 Exposure to Risk
		21-5 Management of Interest Rate Risk
		21-6 Exposure of Savings Institutions to Crises
		21-7 Credit Unions
		Summary
		Point/Counterpoint
		Questions and Applications
		Flow of Funds Exercise
		Internet/Excel Exercises
		WSJ Exercise
		Online Articles with Real-World Examples
	Chapter 22: Finance Company Operations
		22-1 Types of Finance Companies
		22-2 Sources and Uses of Funds
		22-3 Valuation of a Finance Company
		22-4 Exposure of Finance Companies to Risk
		22-5 Multinational Finance Companies
		Summary
		Point/Counterpoint
		Questions and Applications
		Flow of Funds Exercise
		Internet/Excel Exercises
		WSJ Exercise
		Online Articles with Real-World Examples
	Chapter 23: Mutual Fund Operations
		23-1 Background on Mutual Funds
		23-2 Stock and Bond Mutual Funds
		23-3 Money Market Funds
		23-4 Hedge Funds
		23-5 Other Types of Funds
		23-6 Valuation and Performance of Mutual Funds
		Summary
		Point/Counterpoint
		Questions and Applications
		Flow of Funds Exercise
		Internet/Excel Exercises
		WSJ Exercise
		Online Articles with Real-World Examples
	Chapter 24: Securities Operations
		24-1 Functions of Securities Firms
		24-2 Regulation of Securities Firms
		24-3 Valuation of a Securities Firm
		24-4 Exposure of Securities Firms to Risk
		24-5 Impact of the Credit Crisis on Securities Firms
		Summary
		Point/Counterpoint
		Questions and Applications
		Flow of Funds Exercise
		Internet/Excel Exercises
		WSJ Exercise
		Online Articles with Real-World Examples
	Chapter 25: Insurance Operations
		25-1 Setting Insurance Premiums
		25-2 Regulation of Insurance Companies
		25-3 Life Insurance Operations
		25-4 Other Types of Insurance Operations
		25-5 Exposure of Insurance Companies to Risk
		25-6 Valuation of an Insurance Company
		Summary
		Point/Counterpoint
		Questions and Applications
		Flow of Funds Exercise
		Internet/Excel Exercises
		WSJ Exercise
		Online Articles with Real-World Examples
	Chapter 26: Pension Fund Operations
		26-1 Types of Pension Plans
		26-2 Pension Fund Participation in Financial Markets
		26-3 Regulation of Private Pension Plans
		26-4 Underfunded Public Defined-Benefit Pension Plans
		26-5 Corruption of Defined-Benefit Pension Funds
		26-6 Pension Fund Management
		26-7 Performance of Pension Funds
		Summary
		Point/Counterpoint
		Questions and Applications
		Flow of Funds Exercise
		WSJ Exercise
		Internet/Excel Exercises
		Online Articles with Real-World Examples
		Part 7: Integrative Problem: Assessing the Influence of Economic Conditions across a Financial Conglomerate's Units
		Final Review
Appendix A: Comprehensive Project
Appendix B: Using Excel to Conduct Analyses
Glossary
Index