FINANCIAL MARKETS, INSTRUMENTS AND INSTITUTIONS, 2e
Includes new coverage of important topics such as the Eurodollar,Money Mutual Funds, The Financial Modernization Act of 1999,Ipos,credit derivatives, improved coverage of stock valuation to provide the most modern coverage.
Real world focus with examples drawn from research as the authors' experience consulting with Citibank, the Federal Reserve,Goldman, Sachs & co.,the World Bank,major insurers, and large pension funds.
Moden financial pricing theory and technology expose students to modern valuation. Students are provided with a seamless bridge from the introductory course through higher level undergraduate and graduate courses.
Part I : Ground Rules and Reasons for Study
Part II : Pricing Cash Flows
Part III : Instruments in the Market
Part IV : Markets and Institutions
Parrt V : The Important Role of Banks