Modern Portfolio Theory And Investment Analysis  (Paperback)

Modern Portfolio Theory And Investment Analysis is a comprehensive book for undergraduate finance students. The book covers the subject of modern portfolio theory, teaching students about minimizing risk in the field of investments for a given level of expected return, by carefully choosing the proportions of various assets. The book explains how to analyse financial markets and enterprises and how to estimate their security. It also explains how to assess opportunities under risk, and how to delineate efficient portfolios. Readers learn how to estimate portfolios for risk, and how to understand the various pricing models which are used in the industry. It is an essential resource for all commerce students.

Table of Contents
· Chapter 1 Introduction
· Chapter 2 Financial Markets
· Chapter 3 Financial Securities
· Chapter 4 The Characteristics of the Opportunity Set Under Risk
· Chapter 5 Delineating Efficient Portfolios
· Chapter 6 Techniques for Calculating the Efficient Frontier
· Chapter 7 The Correlation Structure of Security Returns: The Single-Index Model
· Chapter 8 The Correlation Structure of Security Returns: Multi-Index Models and Grouping Techniques
· Chapter 9 Simple Techniques for Determining the Efficient Frontier
· Chapter 10 International Diversification
· Chapter 11 Estimating Expected Returns
· Chapter 12 How to Select Among the Portfolios in the Opportunity Set
· Chapter 13 The Standard Capital Asset Pricing Model
· Chapter 14 Alternative Forms of Capital Asset Pricing Models
· Chapter 15 Empirical Tests of the CAPM Forms
· Chapter 16 The Arbitrage Pricing Model and Its Empirical Relevance
· Chapter 17 Efficient Markets
· Chapter 18 Behavioral Finance, Investor Decision Making and Asset Pricing
· Chapter 19 Valuation Models
· Chapter 20 Earnings Estimation
· Chapter 21 Interest Rate Theory and the Pricing of Bonds
· Chapter 22 The Management of Bond Portfolios
· Chapter 23 Valuation and Uses of Options
· Chapter 24 The Valuation and Uses of Financial Futures
· Chapter 25 Evaluation of Portfolio Performance
· Chapter 26 Evaluation of Security Analysis
· Chapter 27 Portfolio Management Revisited