Investments, Vol. 1

Preface......Page 6 Walk Through......Page 14 1. The Investment Environment......Page 18 2. Markets and Instruments......Page 43 3. How Securities Are Traded......Page 80 4. Mutual Funds and Other Investment Companies......Page 119 5. History of Interest Rates and Risk Premiums......Page 147 6. Risk and Risk Aversion......Page 168 7. Capital Allocation between the Risky Asset and the Risk-Free Asset......Page 197 8. Optimal Risky Portfolio......Page 221 9. The Capital Asset Pricing Model......Page 271 10. Single-Index and Multifactor Models......Page 305 11. Arbitrage Pricing Theory......Page 333 12. Market Efficiency......Page 353 13. Empirical Evidence on Security Returns......Page 395 14. Bond Prices and Yields......Page 426 15. The Term Structure of Interest Rates......Page 464 16. Managing Bond Portfolios......Page 494 17. Macroeconomics and Industry Analysis......Page 542 18. Equity and Valuation Models......Page 572 19. Financial Statement Analysis......Page 616 20. Options Markets: Introduction......Page 657 21. Option Valuation......Page 705 22. Futures Markets......Page 748 23. Futures and Swaps: A Closer Look......Page 775 24. Portfolio Performance Evaluation......Page 813 25. International Diversification......Page 855 26. The Process of Portfolio Management......Page 880