Publisher's Synopsis
Presenting a balance of theory and applications, this text covers the important areas of investment: valuation, the marketplace, fixed income instruments and markets, equity instruments and markets, derivative instruments, international markets and mutual funds. Other issues discussed include insider trading, conflicts of interest in broker-client relationships, and the misuse of derivatives. This edition includes expanded coverage of option, futures and interest rate swaps, computer data bases, and efficient market hypothesis. Some chapters include "Critical Thought Cases".
