Modern investment theory

Více o knize

Introduction to modern investment theory -- Securities and markets -- Some statistical concepts -- Combining individual securities into stock portfolios -- Finding the efficient set -- Index models -- The capital asset pricing model -- Empirical tests of the capital asset pricing model -- The arbitrage pricing theory -- Measuring portfolio performance -- The level of interest rates -- The term structure of interest rates -- Bond portfolio management -- Interest immunization -- European option pricing -- American option pricing -- Additional issues in option pricing -- Financial forward and futures contracts -- The effect of taxes on investment strategy and securities prices -- Stock valuation -- Issues in estimating future earning and dividends -- Market efficiency : the concept -- Market efficiency : the evidence -- Appendix 8. Additional properties of the minimum variable set.