Foundations of Financial Markets and Institutions : Pearson New International Edition

Foundations of Financial Markets and Institutions A core text for one semester courses in Financial Institutions and Markets. A comprehensive exploration of the world's financial markets and institutions. Foundations of Financial Markets and Institutions, offers a comprehensive exploration of the revolutionary developments occurring in the world's financial markets and institutions -i.e., innovation, globalization, and deregulation-with a focus o... Full description Cover......Page 1 Table of Contents......Page 4 1. Introduction......Page 8 2. Financial Institutions, Financial Intermediaries, and Asset Management Firms......Page 28 3. Depository Institutions: Activities and Characteristics......Page 48 4. The U.S. Federal Reserve and the Creation of Money......Page 70 5. Monetary Policy......Page 86 6. Insurance Companies......Page 104 7. Investment Companies and Exchange-Traded Funds......Page 130 8. Pension Funds......Page 164 9. Properties and Pricing of Financial Assets......Page 181 10. The Level and Structure of Interest Rates......Page 202 11. The Term Structure of Interest Rates......Page 228 12. Risk/Return and Asset Pricing Models......Page 252 13. Primary Markets and the Underwriting of Securities......Page 280 14. Secondary Markets......Page 295 15. Treasury and Agency Securities Markets......Page 309 16. Municipal Securities Markets......Page 337 17. Markets for Common Stock: The Basic Characteristics......Page 353 18. Markets for Common Stock: Structure and Organization......Page 385 19. Markets for Corporate Senior Instruments: I......Page 420 20. Markets for Corporate Senior Instruments: II......Page 437 21. The Markets for Bank Obligations......Page 460 22. The Residential Mortgage Market......Page 470 23. Residential Mortgage-Backed Securities Market......Page 489 24. Market for Commercial Mortgage Loans and Commercial Mortgage-Backed Securities......Page 520 25. Asset-Backed Securities Markets......Page 530 26. Financial Futures Markets......Page 549 27. Options Markets......Page 568 28. Pricing of Futures and Options Contracts......Page 592 29. OTC Interest Rate Derivatives: Forward Rate Agreements, Swaps, Caps, and Floors......Page 617 30. Market for Credit Risk Transfer Vehicles: Credit Derivatives and Collateralized Debt Obligations......Page 646 31. The Market for Foreign Exchange and Risk Control Instruments......Page 671 B......Page 692 C......Page 693 D......Page 694 F......Page 695 I......Page 696 M......Page 698 P......Page 699 Q......Page 700 R......Page 701 S......Page 702 V......Page 703 Z......Page 704 A core text for one semester courses in Financial Institutions and Markets. A comprehensive exploration of the world's financial markets and institutions. Foundations of Financial Markets and Institutions, offers a comprehensive exploration of the revolutionary developments occurring in the world's financial markets and institutions –i.e., innovation, globalization, and deregulation–with a focus on the actual practices of financial institutions, investors, and financial instruments. This edition incorporates and addresses the vast amount of changes that have recently occurred in financial institutions and markets around the world. The full text downloaded to your computer With eBooks you can: search for key concepts, words and phrases make highlights and notes as you study share your notes with friends eBooks are downloaded to your computer and accessible either offline through the Bookshelf (available as a free download), available online and also via the iPad and Android apps. Upon purchase, you'll gain instant access to this eBook. Time limit The eBooks products do not have an expiry date. You will continue to access your digital ebook products whilst you have your Bookshelf installed. A core text for one semester courses in Financial Institutions and Markets. A comprehensive exploration of the world's financial markets and institutions. Foundations of Financial Markets and Institutions, offers a comprehensive exploration of the revolutionary developments occurring in the world's financial markets and institutions -i.e., innovation, globalization, and deregulation-with a focus on the actual practices of financial institutions, investors, and financial instruments. This fourth edition incorporates and addresses the vast amount of changes that have recently occurred in financial institutions and markets around the world A comprehensive exploration of the world's financial markets and institutions, this text offers a comprehensive exploration of the revolutionary developments occurring - innovation, globalization, and deregulation - with a focus on the actual practices of financial institutions, investors, and financial instruments