Investments

Preface......Page 5
Walk Through......Page 13
1. The Investment Environment......Page 17
2. Markets and Instruments......Page 42
3. How Securities Are Traded......Page 79
4. Mutual Funds and Other Investment Companies......Page 118
5. History of Interest Rates and Risk Premiums......Page 146
6. Risk and Risk Aversion......Page 167
7. Capital Allocation between the Risky Asset and the Risk-Free Asset......Page 196
8. Optimal Risky Portfolio......Page 220
9. The Capital Asset Pricing Model......Page 270
10. Single-Index and Multifactor Models......Page 304
11. Arbitrage Pricing Theory......Page 332
12. Market Efficiency......Page 352
13. Empirical Evidence on Security Returns......Page 394
14. Bond Prices and Yields......Page 425
15. The Term Structure of Interest Rates......Page 463
16. Managing Bond Portfolios......Page 493
17. Macroeconomics and Industry Analysis......Page 541
18. Equity and Valuation Models......Page 571
19. Financial Statement Analysis......Page 615
20. Options Markets: Introduction......Page 656
21. Option Valuation......Page 704
22. Futures Markets......Page 747
23. Futures and Swaps: A Closer Look......Page 774
24. Portfolio Performance Evaluation......Page 812
25. International Diversification......Page 854
26. The Process of Portfolio Management......Page 879
Subject Index......Page