16 126 809 livres à l’intérieur 175 langues
2 047 052 livres numériques à l’intérieur 101 langues
Cela ne vous convient pas ? Aucun souci à se faire ! Vous pouvez renvoyer le produit dans les 30 jours
Impossible de faire fausse route avec un bon d’achat. Le destinataire du cadeau peut choisir ce qu'il veut parmi notre sélection.
Politique de retour sous 30 jours
Money and Capital Markets offers thorough coverage of financial institutuions and markets for upper level endergraduate and MBA students. Prerequisites for the text are an introductory finance course and basic knowledge of algebra. Money and capital Markets presents the major theories of the impact of inflation, government spending, and monetary policy upon interest rates. In order to emphasize factors determining the prices and risks of financial instruments, descriptive information about institutions is kept to a minimum. The links between different types of securities are shown through risk--free arbitrage. this allows lecturers and students to establish frameworks for linking different types of bonds and connecting futures markets with spot markets. The third edition features: * Updated institutional information, including coverage of US treasury auctions, investment banking, brokers and dealers, bank regulation, and mortagage markets. * Extensively revised end of chapter problems challenging the student to think critically. * More user friendly chapters on spot and forward interest rates, coupon--bearing bands, bond investment risks and features.