FUNDAMENTALS OF INVESTMENTS 3/e

　　Fundamentals of Investments was written to: 1. Focus on students as investment managers, giving them information they can act on instead of concentrating on theories and research without the proper context. 2. Offer strong, consistent pedagogy, including a balanced, unified treatment of the main types of financial investments as mirrored in the investment world. 3. Organize topics in a way that makes them easy to apply--whether to a portfolio simulation or to real life--and support these topics with hands-on activities. The approach of this text reflects two central ideas. First, there is a consistent focus on the student as an individual investor or investments manager. Second, a consistent, unified treatment of the four basic types of financial instruments--stocks, bonds, options, and futures--focusing on their characteristics and features, their risks and returns, and the markets in which they trade.

　　Charles J. Corrado, The University of Auckland

　　Bradford D. Jordan, University of Kentucky--Lexington

PART ONE: Introduction
1 A Brief History of Risk and Return
2 Buying and Selling Securities
3 Security Types
4 Mutual Funds

PART TWO: Stock Markets
5 The Stock Market
6 Common Stock Valuation
7 Earnings and Cash Flow Analysis
8 Stock Price Behavior and Market Efficiency

PART THREE: Interest Rates and Bond Valuation
9 Interest Rates
10 Bond Prices and Yields

PART FOUR: Portfolio
11 Diversification and Asset Allocation
12 Return, Risk, and the Security Market Line
13 Performance Evaluation and Risk Management

PART FIVE: Options and Futures
14 Stock Options
15 Option Valuation
16 Futures Contracts

PART SIX: Topics in Investments
17 Corporate Bonds
18 Government Bonds
19 Mortgage-Backed Securities

Appendixes
A Answers to Test Your Investment Quotient Questions
B Answers to Selected Questions and Problems

Index