Targeting readers with backgrounds in economics, Intermediate Financial Theory, Third Edition includes new material on the asset pricing implications of behavioral finance perspectives, recent developments in portfolio choice, derivatives-risk neutral pricing research, and implications of the 2008 financial crisis. Each chapter concludes with questions, and for the first time a freely accessible website presents complementary and supplementary material for every chapter. Known for its rigor and intuition, Intermediate Financial Theory is perfect for those who need basic training in financial theory and those looking for a user-friendly introduction to advanced theory. Completely updated edition of classic textbook that fills a gap between MBA- and PhD-level texts Focuses on clear explanations of key concepts and requires limited mathematical prerequisites Online solutions manual available Updates include new structure emphasizing the distinction between the equilibrium and the arbitrage perspectives on valuation and pricing, and a new chapter on asset management for the long-term investor
Intermediate Financial Theory
LMS Integration Cengage's Learning Management System (LMS) Integration is designed to help you seamlessly integrate our digital resources within your institution's LMS. LMS integration is available with the Learning Management Systems ...
This Study Guide lists key learning objectives for each chapter, outlines key sections, provides self-test questions, and a set of problems similar to those in the book and those that may be used on tests, with fully worked-out solutions.
A thorough exposition of the theory relating to the cost of capital.
Introducing necessary tools from microeconomic theory, this book is highly accessible and completely self-contained. Advance praise for the second edition: "Financial Markets Theory is comprehensive, rigorous, and yet highly accessible.
Acca - F9 Financial Management: I-pass
A complete course in applied macroeconomics at the intermediate level that emphasizes the application of economic theory to real-world data and policy.
Federal Reserve Bank of St. Louis Review 67: 18-29. Santos, Joao A. C, and Andrew Winton. 2008. Bank Loans, Bonds, and Information Monopolies across the Business Cycle. Journal of Finance 63: 1,315-1,360. Savage, Leonard J. 1954.
This calculus based text explores the theoretical framework for analyzing the decisions by individuals and managers of firms, an area which is coming to both financial economics and microeconomics.
This is then put into a dynamic setting, and term structure models are introduced.