| Description |
1 online resource (1323 p.) |
| Contents |
Cover -- Title -- Copyright -- About the Authors -- Brief Contents -- Contents -- Organization of the Twelfth Edition -- Pedagogical Features -- Excel Integration -- End-of-Chapter Features -- Supplements -- Acknowledgments -- A Note from the Authors -- Part One: Elements of Investments -- 1 Investments: Background and Issues -- 1.1 Real Assets versus Financial Assets -- 1.2 Financial Assets -- 1.3 Financial Markets and the Economy -- The Informational Role of Financial Markets -- Consumption Timing -- Allocation of Risk -- Separation of Ownership and Management |
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Corporate Governance and Corporate Ethics -- 1.4 The Investment Process -- 1.5 Markets are Competitive -- The Risk-Return Trade-off -- Efficient Markets -- 1.6 The Players -- Financial Intermediaries -- Investment Bankers -- Venture Capital and Private Equity -- Fintech and Financial Innovation -- 1.7 The Financial Crisis of 2008-2009 -- Antecedents of the Crisis -- Changes in Housing Finance -- Mortgage Derivatives -- Credit Default Swaps -- The Rise of Systemic Risk -- The Shoe Drops -- The Dodd-Frank Reform Act -- 1.8 Outline of the Text -- End-of-Chapter Material |
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2 Asset Classes and Financial Instruments -- 2.1 The Money Market -- Treasury Bills -- Certificates of Deposit -- Commercial Paper -- Bankers' Acceptances -- Eurodollars -- Repos and Reverses -- Brokers' Calls -- Federal Funds -- The LIBOR Market -- Money Market Funds -- Yields on Money Market Instruments -- 2.2 The Bond Market -- Treasury Notes and Bonds -- Inflation-Protected Treasury Bonds -- Federal Agency Debt -- International Bonds -- Municipal Bonds -- Corporate Bonds -- Mortgage- and Asset-Backed Securities -- 2.3 Equity Securities -- Common Stock as Ownership Shares |
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Characteristics of Common Stock -- Stock Market Listings -- Preferred Stock -- Depositary Receipts -- 2.4 Stock and Bond Market Indexes -- Stock Market Indexes -- The Dow Jones Industrial Average -- The Standard & Poor's 500 Index -- Other U.S. Market Value Indexes -- Equally Weighted Indexes -- Foreign and International Stock Market Indexes -- Bond Market Indicators -- 2.5 Derivative Markets -- Options -- Futures Contracts -- End-of-Chapter Material -- 3 Securities Markets -- 3.1 How Firms Issue Securities -- Privately Held Firms -- Publicly Traded Companies -- Shelf Registration |
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Initial Public Offerings -- 3.2 How Securities are Traded -- Types of Markets -- Types of Orders -- Trading Mechanisms -- 3.3 The Rise of Electronic Trading -- 3.4 U.S. Markets -- NASDAQ -- The New York Stock Exchange -- ECNs -- 3.5 New Trading Strategies -- Algorithmic Trading -- High-Frequency Trading -- Dark Pools -- Bond Trading -- 3.6 Globalization of Stock Markets -- 3.7 Trading Costs -- 3.8 Buying on Margin -- 3.9 Short Sales -- 3.10 Regulation of Securities Markets -- Self-Regulation -- The Sarbanes-Oxley Act -- Insider Trading -- End-of-Chapter Material |
| Notes |
Description based upon print version of record |
|
4 Mutual Funds and Other Investment Companies |
| Form |
Electronic book
|
| Author |
Kane, Alex, author
|
|
Marcus, Alan J. author
|
| ISBN |
9781264363629 |
|
1264363621 |
|
