"Investments, Twelfth Edition, is intended primarily as a textbook for courses in investment analysis. Our guiding principle has been to present the material in a framework that is organized by a central core of consistent fundamental principles. We attempt to strip away unnecessary mathematica...

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Bibliographic Details
Main Authors: Bodie, Zvi (Author), Kane, Alex, 1942- (Author), Marcus, Alan J. (Author)
Resource Type: Book
Published: New York, NY McGraw-Hill Education [2021]
Edition:Twelfth edition.
Series:The McGraw-Hill Education series in finance, insurance, and real state
Table of Contents:
  • The investment environment
  • Asset classes and financial instruments
  • How securities are traded
  • Mutual funds and other investment companies
  • Risk, return, and the historical record
  • Capital allocation to risky assets
  • Efficient diversification
  • Index models
  • The capital asset pricing model
  • Arbitrage pricing theory and multifactor models of risk and return
  • The efficient market hypothesis
  • Behavioral finance and technical analysis
  • Empirical evidence on security returns
  • Bond prices and yields
  • The term structure of interest rates
  • Managing bond portfolios
  • Macroeconomic and industry analysis
  • Equity valuation models
  • Financial statement analysis
  • Options markets: introduction
  • Option valuation
  • Future markets
  • Futures, swaps, and risk management
  • Portfolio performance evaluation
  • International diversification
  • Hedge funds
  • The theory of active portfolio management
  • Investment policy and the framework of the CFA Institute.