Description
Fabozzi and Modigliani describe all phases of the capital market, including the instruments, institutions and valuation of instruments. The text offers the most comprehensive capital market coverage available in a perfect blend of principle and practice. The Second Edition expands upon the topics covered in the first and updates all material to reflect the latest financial trends and developments.
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Describes financial instruments and their markets, and overviews the asset/liability management problems institutional investors face and strategies for overcoming them. After material on market participants, the structure of markets, and risk and return theories, chapters on individual markets discuss the role of instruments and principles of pricing them, and include summaries and questions. This second edition expands coverage of the options market and foreign investors. Annotation c. by Book News, Inc., Portland, Or.
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