Investments

Investments covers the major topics logically and concisely, providing a strong base for those who want to do advanced work in investment analysis and valuation. The fourth edition features a new co-author, new boxes, and more real-world examples. Features: Up-to-date coverage introduces students to important investment instruments like stocks, bonds, and derivatives securities. Thorough coverage of stock valuation in Chapter 10, including required rate of return and the constant growth dividend model. In-depth coverage of international investments is introduced in Chapter 3, and opportunities are also integrated throughout the text, providing more multinational coverage than competitors. Coverage of the market indexes in Chapter 5 addresses stock and bond markets for the United Kingdom and other foreign markets in addition to the U.S. market. A computer disk, available to adopters, allows students to keep track of their own stock "portfolio" throughout the term. New to This Edition The new author, Edgar Norton, has brought a great deal of experience, consistently using real-world examples to convey the importance of theory and its application to investments.
New boxes, "The Word On The Street", profile practitioners in finance, articulating the relationship between theory and practice and how theory is adapted to the street. Key terms and key formulas are now set in a second color within the text. Accompanying the main text is the software package Investment Analyst. New to this edition: * The new author, Edgar Norton, has brought a great deal of experience, consistently using real-world examples to convey the importance of theory and its application to investments. * New boxes, "The Word On The Street", profile practitioners in finance, articulating the relationship between theory and practice and how theory is adapted to the street. * Key terms and key formulas are now set in a second color within the text. * Accompanying the main text is the software package Investment Analyst.