Fundamentals of investments /

This introductory text provides a clear framework for understanding and analyzing securities. It also covers the major institutional features and theories of investing in the current economy. This edition has a more international perspective, reflecting the authors' belief that the field of inv...

• Main Author: Alexander, Gordon J.
• Other Authors: Sharpe, William F. 1934- (William Forsyth), Bailey, Jeffery V.
• Format: Book
• Language: English
• Published: Englewood Cliffs, N.J. : Prentice-Hall, 1993
• Subjects: INVERSIONES; MERCADO DE VALORES; IMPUESTOS; INFLACION; ANALISIS FINANCIERO; DIVIDENDOS; BONOS; OPCIONES; FUTUROS; INVERSIONES INTERNACIONALES; COSTO DE TRANSACCION; EJERCICIOS

Table of Contents:

• Part 1 The investment environment: buying and selling securities; security models; the determination of security prices; taxes; inflation. Part 2 Modern portfolio theory: the portfolio selection problem; efficient sets; risk-free lending and borrowing; the capital asset pricing model; factor models; arbitrage pricing theory. Part 3 Common stocks: characteristics of common stocks; financial analysis of common stocks dividend discount models; dividends and earnings; investment management; portfolio performance evaluation. Part 4 Fixed-income securities: types of fixed-income securities; fundamentals of bond valuation; bond analysis; bond portfolio management. Part 5 Alternative investments: investment companies; options; futures extended diversification.