Fundamentals of Investments (3rd Edition)

This introduction provides a clear framework for understanding and analyzing securities, and covers the major institutional features and theories of investing. While the book presents a thorough discussion of investments, the authors keep the material practical, relevant, and easy to understand. The latest developments in investments are brought to life through the use of tables, graphs, and illustrations that incorporate current market information and academic research. An international content deals directly with international securities and securities markets throughout the bookalong with currency management and interest rate parity. Up-to-date Money Matters articles reflect the latest real-world developments and are provided throughout each chapter to give readers a sense of how practitioners deal with various investment issues and use techniques. Other coverage includes an array of investment toolspresented through discussions on stocks, bonds, and other securities such as options and futures. A guide to reviewing, forecasting, and monitoringfor individuals preparing to make investments or take the CFA exam.