Finance – Financial Markets, Financial Management and Investment Management Capital Markets, Financial Management, and Investment Management

A comprehensive introduction to the dynamic world of finance

Created by the experienced author team of Frank Fabozzi and Pamela Peterson Drake, Introduction to Finance examines the essential elements of this discipline and makes them understandable to a wide array of readers. For seasoned professionals looking for a review or newcomers to the finance profession, this book offers a comprehensive treatment of all finance topics. Issues addressed include the major areas of finance; different asset classes and market players; and concepts such as return, risk, diversification, arbitrage, leverage, and securitization. Also included are important discussions of valuation of assets, capital budgeting, and analysis. Introduction to Finance offers a well-rounded treatment of this field, and is a convenient reference for those looking to refresh or enhance their finance skills.

Frank J. Fabozzi, PhD, CFA, CPA (New Hope, PA), is Professor in the Practice of Finance at Yale University's School of Management, Editor of the Journal of Portfolio Management, and Associate Editor of the Journal of Structured Finance and the Journal of Fixed Income. Pamela Peterson Drake, PhD, CFA, (Harrisonburg, VA), is the J. Gray Ferguson Professor of Finance and Department Head of Finance and Business Law at James Madison University.

Fabozzi and Peterson Drake offer a primer for an array of readers. Whether a seasoned professional looking for a review, a newcomer to the finance profession, or a student in a graduate program, this book offers a comprehensive treatment of all finance topics.  Chapters include descriptions of the major areas of finance; financial assets and markets; major asset classes and the market players; concepts such as return, risk, diversification, arbitrage, leverage, valuation, short selling, statistical concepts, and principal agency; time value of money; valuation; interest rates; derivatives, corporate finance, risk management, and structured finance.  Also includes sections on valuation of assets, capital budgeting, and analysis.

Preface. About the Authors. PART ONE: Background. CHAPTER 1: What Is Finance? CHAPTER 2: Mathematics of Finance. CHAPTER 3: Basics of Financial Analysis. PART TWO: Capital Markets and Capital Market Theory. CHAPTER 4: The Financial System. CHAPTER 5: Interest Rate Determination and the Structure of Interest Rates. CHAPTER 6: Basics of Derivatives. CHAPTER 7: Asset Valuation: Basic Bond and Stock Valuation Models. CHAPTER 8: Asset Valuation:The Theory of Asset Pricing. CHAPTER 9: Financial Management. CHAPTER 10: Financial Strategy and Financial Planning. CHAPTER 11: The Corporate Financing Decision. CHAPTER 12: Financial Engineering, Asset Securitization, and Project Financing. CHAPTER 13: Capital Budgeting: Process and Cash Flow Estimation. CHAPTER 14: Capital Budgeting Techniques. CHAPTER 15: Managing Current Assets. CHAPTER 16: Financial Risk Management. PART FOUR: Investment Management. CHAPTER 17: The Basic Principles of Investment Management. CHAPTER 18: Equity Portfolio Management. CHAPTER 19: Bond Portfolio Management. CHAPTER 20: Use of Stock Index Futures andTreasury Futures Contracts in Portfolio Management. CHAPTER 21: Use of Options in Portfolio Management. Index.