Modern Investment Theory

Robert A. Haugen

656 pages, parution le 15/01/2001 (5^eme édition)

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Résumé

Intended for the introductory graduate or intermediate undergraduate courses in Investments and Finance Theory.

This text offers accurate and intuitive coverage of investments, with an emphasis on portfolio theory. It includes extensive discussion of capital asset pricing, arbitrage pricing, pricing of derivative securities, interest rates, and bond management. Stock valuation, estimating future earnings and dividends, and fixed income markets are examined. Calculus is useful, but not required, since it is used only in the appendixes to the main discussions in the chapters.

L'auteur - Robert A. Haugen

University of California, Irvine

Sommaire

I Background
- Introduction to Modern Investment Theory
- Securities and Markets
- Some Statistical Concepts
- Combining Individual Securities into Portfolios
II Portfolio management
- Finding the Efficient Set
- Factor Models
- Asset Allocation
III Asset pricing theories and performance measurement
- The Capital Asset Pricing Model
- Empirical Tests of the Asset Pricing Model
- The Arbitrage Pricing Theory
- Measuring Portfolio Performance with Asset Pricing Models
- Measuring Performance without Asset Pricing Models
IV Interest rates and bond management
- The Level of Interest Rates
- The Term Structure of Interest Rates
- Bond Portfolio Management
- Interest Immunization
V Derivative securities
- European Option Pricing
- American Option Pricing
- Additional Issues in Option Pricing
- Financial Forward and Futures Contracts
VI Taxes, stock valuation, and market efficiency
- The Effect of Taxes on Investment Strategy and Securities Prices
- Stock Valuation
- Issues in Estimating Future Earnings and Dividends
- Market Efficiency: The Concept
- Market Efficiency: The Evidence.

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Caractéristiques techniques

	PAPIER
Éditeur(s)	Prentice Hall
Auteur(s)	Robert A. Haugen
Parution	15/01/2001
Édition	5^eme édition
Nb. de pages	656
Format	20 x 25,5
Couverture	Broché
Poids	1175g
Intérieur	Noir et Blanc
EAN13	9780130304735