Zvi Bodie,
Boston University Alex Kane,
University of California Alan J Marcus,
Boston College
ISBN: 0073530611 Copyright year: 2008
Retained Features
The authors continue to present material in a framework
that is organized by a central core of consistent fundamental principles.
As such, they have stripped away unnecessary mathematical and technical detail
to concentrate on providing the intuition to guide students and practitioners
in their professional lives.
To link theory with practice, the authors approach is consistent with that
of the Institute of Chartered Financial Analysis (ICFA),
a subsidiary of the Association of Investment Management and Research (AIMR).
End of chapter problem sets contain questions from past CFA exams (identified
with an icon), and appendix B lists each CFA question in the text and the
exam from which it was taken. Also, chapter 3 includes excerpts from the "Code
of Ethics and Standards of Professional Conduct" of the ICFA. Chapter
26, which discusses investors and the investment process, is modeled after
the ICFA outline.
Devotes considerable attention to Modern Portfolio Theory,
which focuses on the techniques and implications of efficient diversification
for the proper measurement of risk and the risk-return relationship.
Provides complete coverage of futures, options and other derivative
security markets. These markets have become crucial and integral
to the financial universe and are the major sources of innovation in that
universe. Understanding these markets is extremely important to finance professionals
as well as to the sophisticated individual investor.
Provides plentiful Internet content and information, with
Internet questions in every chapter, end of chapter website listings, free
online access to S&P's Educational Version of Market Insight (new
books only), and a dynamic Online Learning Center at www.mhhe.com/bkm.
There is also free access (with new books only) to Powerweb for Investments,
an online reservoir of course-specific articles and current events.
Includes pedagogical features to help students understand,
absorb and apply the concepts and techniques presented. These features include
a chapter overview, new terms presented in boldface type, listing of Key Terms
at the end of each chapter, as well as a chapter summary and list of selected
readings. Concept Checks are included in the body of the text, which are self-test
questions and problems to reinforce and check the understanding of key concepts
(solutions to concept checks are found at the end of each chapter).
Boxed readings contain short articles from business periodicals
that enliven, reinforce and apply the material in a current, real-world way.
To obtain an instructor login for this Online Learning Center, ask your local sales representative.
If you're an instructor thinking about adopting this textbook, request a free copy for review.
2008 McGraw-Hill Higher Education