Book Description
This latest edition of Investments continues the legacy of excellence established in previous versions. Chapters on behavioral finance, arbitrage pricing theory, multifactor models of risk and return, and international diversification have been dramatically rewritten to meet changes in today’s transformed markets. In addition, unnecessary mathematical and technical detail continues to be left out wherever possible.
Book Info
Intended primarily as a textbook for courses in investment analysis. Revised and updated. DLC: Investments.
About the Author
Zvi Bodie (Boston, MA) is a professor at Boston University.
Alex Kane (New York, NY) is a professor at New York University.
Alan J. Marcus (Chestnut Hill, MA) is a professor at Boston College.
Investments + S&P's Educational Version of Market Insight + Powerweb + Stock Trak Discount Coupon FROM THE PUBLISHER
Bodie, Kane, and Marcus' Investments is the leading textbook for the graduate/MBA investments market. It is recognized as the best blend of practical and theoretical coverage, while maintaining an appropriate rigor and clear writing style. Its unifying theme is that security markets are nearly efficient, meaning that most securities are usually priced appropriately given their risk and return attributes. The text places greater emphasis on asset allocation, and offers a much broader and deeper treatment of futures, options, and other derivative security markets than most investment texts.