Money and Capital Markets

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.
ASIN: 1557868840
VSKU: RDV.1557868840.A
Condition: Acceptable
Author/Artist:Livingston, Miles
Binding: Paperback
Note: Any images shown are stock photographs and product may differ from what is shown.
Condition Notes: This book is a well used but readable copy. Integrity of the book is still intact with no missing pages. May have notes or highlighting. Cover image on the book may vary from photo. Ships out quickly in a secure plastic mailer.