Fundamentals of Investments

Fundamentals of Investments provides a clear framework for understanding and analyzing securities. It covers the major institutional features and theories of investing. The latest developments in investments are brought to life through the use of tables, graphs, and illustrations that incorporate current market information and academic research. An international content deals directly with international securities and securities markets throughout the book, along with currency management and interest rate parity. Other coverage includes an array of investment tools—presented through discussions on stocks, bonds, and other securities such as options and futures.