Overview

Describes a wide range of instruments for financing, investing, and controlling risk available in todayAEs financial markets. In-depth coverage of various sectors provides students with a solid foundation. Discussion of the latest instruments enables students to recognise the contribution made by new financial instruments. Blending of theory and practice provides students with a balanced presentation. End-of-chapter questions allow students to review and reinforce material using real-world resources. New to this edition: Several new chapters have been added, including one on insurance companies Asset Management Firms Investment Banking Firms Commercial Mortgages and Mortgage Backed Securities International Bond Markets Credit Risk Transfer Vehicles

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9788120338265

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Frank J. Fabozzi , School of Management, Yale University, USA. Franco Modigliani , Sloan School of Management, Massachusetts Institute of Technology, USA.

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