000 02723nam a2200301 a 4500
001 vtls000003121
003 VRT
005 20250102224917.0
008 081216s2001 enk | 001 0 eng
020 _a0130304735
039 9 _a201402040113
_bVLOAD
_c201005230856
_dmalmash
_c200902021144
_dmusallam
_c200812161417
_dmusallam
_y200812161241
_zmusallam
040 _aOX/U-1
050 _aHG4529
_b.H38 2001
100 1 _aHaugen, Robert A.
_949407
245 1 0 _aModern investment theory /
_cRobert A. Haugen.
250 _a5th ed.
260 _aLondon :
_bPrentice Hall International,
_cc2001.
300 _axvi, 656 p. :
_bill. ;
_c26 cm.
440 0 _aPrentice Hall finance series.
_949408
500 _a"International edition."
500 _aRepr, with corrections.
504 _aIncludes bibliographical references and index.
505 _a. BACKGROUND. 1. Introduction to Modern Investment Theory. 2. Securities and Markets. 3. Some Statistical Concepts. 4. Combining Individual Securities into Portfolios. II. PORTFOLIO MANAGEMENT. 5. Finding the Efficient Set. 6. Factor Models. 7. Asset Allocation. III. ASSET PRICING THEORIES AND PERFORMANCE MEASUREMENT. 8. The Capital Asset Pricing Model. 9. Empirical Tests of the Asset Pricing Model. 10. The Arbitrage Pricing Theory. 11. Measuring Portfolio Performance with Asset Pricing Models. 12. Measuring Performance without Asset Pricing Models. IV. INTEREST RATES AND BOND MANAGEMENT. 13. The Level of Interest Rates. 14. The Term Structure of Interest Rates. 15. Bond Portfolio Management. 16. Interest Immunization. V. DERIVATIVE SECURITIES. 17. European Option Pricing. 18. American Option Pricing. 19. Additional Issues in Option Pricing. 20. Financial Forward and Futures Contracts. VI. TAXES, STOCK VALUATION, AND MARKET EFFICIENCY. 21. The Effect of Taxes on Investment Strategy and Securities Prices. 22. Stock Valuation. 23. Issues in Estimating Future Earnings and Dividends. 24. Market Efficiency: The Concept. 25. Market Efficiency: The Evidence.
520 _aIntended 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.
650 0 _aInvestment analysis.
_93368
650 0 _aPortfolio management.
_93369
942 _2lcc
_n0
_cBK
999 _c23414
_d23414