Publisher's Synopsis
Wall Street is the hub of world financial markets, and it thrives on new ideas. This volume explores the ideas that have revolutionized Wall Street over the last decade and which are likely to herald more changes. Starting from basic concepts, such as risk-return, trade-offs and market expectations, the authors explore a set of topics involving equity, bond and foreign exchange markets. How does the stock market value a company? Why do companies often overpay when involoved in the acquistion game? What are the key factors determining currency values?
