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9780131901827

Modern Investment Theory

Modern Investment Theory
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  • ISBN-13: 9780131901827
  • ISBN: 0131901826
  • Edition: 4
  • Publisher: Pearson

AUTHOR

Haugen, Robert A.

SUMMARY

This book offers accurate and intuitive coverage of investments, with an emphasis on portfolio theory -- it also includes extensive discussion of capital asset pricing, arbitrage pricing, pricing of derivative securities, interest rates, and bond management. KEY TOPICS: Stock valuation, estimating future earnings and dividends, and fixed income markets are examined closely. It contains a complete and detailed coverage of portfolio theory, including a unique graphical explanation of the Markowitz procedure; material on portfolio selection is backed up by computer problems and powerful, easy-to-use portfolio analysis modules within the software that accompanies the book; and issues related to capital asset pricing are given extensive coverage and the Capital Asset Pricing Model is covered in great detail, including the Fama-French results.Haugen, Robert A. is the author of 'Modern Investment Theory' with ISBN 9780131901827 and ISBN 0131901826.

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