Essentials of Investments (第九版)

　　Every chapter has been reviewed and revised to give instructors and students the most modern, up-to-date textbook available. All tables and figures have been updated where necessary, and examples have been updated to reflect current issues and happenings in the dynamic world of investments. Also, the following key content updates and additions have been done for this edition.

　　1.Chapters 1 (Investments: Background and Issues) and 2 (Asset Classes and Financial Instruments) have been updated with major new sections on securitization, the roots of the financial crisis, and the fallout from the crisis.

　　2.Chapter 3 (Securities Markets) includes extensive new sections that detail the rise of electronic markets, algorithmic and high-speed trading, and changes in market structure.

　　3.Chapter 14 (Financial Statement Analysis) includes all-new motivation and rationale for how ratio analysis can be organized to guide one’s analysis of firm performance.

　　4.See the book preface for more additions and content updates.

　　To further link theory with practice, end-of-chapter problems contain practice questions for the CFA(R) Exams provided by Kaplan Schweser, a global leader in CFA (R) education. These questions are tagged with an icon for easy reference.

作者簡介

Zvi Bodie

　　現職：Boston University – Finance

Alex Kane

　　現職：University of California - San Diego

Alan J. Marcus

　　現職：Boston College - Finance Department

PART I: ELEMENTS OF INVESTMENTS
Ch1 Investments: Background and Issues
Ch2 Asset Classes and Financial Instruments
Ch3 Securities Markets
Ch4 Mutual Funds and Other Investment Companies

PART II: PORTFOLIO THEORY
Ch5 Risk and Return: Past and Prologue
Ch6 Efficient Diversification
Ch7 Capital Asset Pricing and Arbitrage Pricing Theory
Ch8 The Efficient Market Hypothesis
Ch9 Behavioral Finance and Technical Analysis

PART III: DEBT SECURITIES
Ch10 Bond Prices and Yields
Ch11 Managing Bond Portfolios

PART IV: SECURITY ANALYSIS
Ch12 Macroeconomic and Industry Analysis
Ch13 Equity Valuation
Ch14 Financial Statement Analysis

PART V: DERIVATIVE MARKETS
Ch15 Options Markets
Ch16 Option Valuation
Ch17 Futures Markets and Risk Management

PART VI: ACTIVE INVESTMENT MANAGEMENT
Ch18 Portfolio Performance Evaluation
Ch19 Globalization and International Investing
Ch20 Hedge Funds
Ch21 Taxes, Inflation, and Investment Strategy
Ch22 Investors and the Investment Process