财金之旅(影印版)现代投资理论(第四版)

    《现代投资理论》在美国是一部“经典”教科书。作为投资专业的高年级本科生和研究生教材，它需要读者具有中级水平的数学和统计学知识。本书内容极为丰富，是一部小型的投资管理百科全书：从背景知识到证券投资管理的一般原则；从详尽的酱资产定价模型(CAPM)和套利定价理论(APT)到衍生证券定价(欧式、美式)；从风险、利率、预期收益到利率与债券管理、股票与债券的最优组合；从股票波动到市场效率等投资管理内容无所不包。例如，有关马克维兹(Markowitz)过程内容就涉及四章，并且还专辟一章来具体阐述它在风险管理中的应用。为了便于学生学习，书中还附有习题和答案。此外，作者还提供了最新案例研究，以帮助学生将书中所揭示的金融技术与现实世界所实际运用的技术结合起来。     本书适合各大专院校财经专业的研究生或高年级本科生用作投资学教材，对经济管理类教师及科研工作人员来讲本书也是一本优秀的参考书。

PART ONE BACKGROUND 1 Introduction to Modern Investment Theory 2 Securities and Markets 3 Some Statistical Concepts PART TWO PORTFOLIO MANAGEMENT 4 Combining Individual Securities into Portfolios 5 Finding the Efficient Set 6 Factor Models PART THREE RISK， EXPECTED RETURN， AND PERFORMANCE MEASUREMENT 7 The Capital Asset Pricing Model 8 Empirical Tests of the Capital Asset Pricing Model 9 The Arbitrage Pricing Theory    10 The Tracking Power of Markowitz Portfolio Optimization 11 Measuring Portfolio Performance PART FOUR INTEREST RATES AND BOND MANAGEMENT 12 The Level of Interest Rates 13 The Term Structure of Interest Rates 14 Bond Portfolio Management 15 Interest Immunization PART FIVE THE PRICING OF DERIVATIVE SECURITIES 16 European Option Pricing 17 American Option Pricing 18 Additional Issues in Option Pricing 19 Financial Forward and Futures Contracts PART SIX ISSUES IN INVESTMENT MANAGEMENT 20 The Effect of Taxes on Investment Strategy and Securities Prices 21 Stock Valuation 22 Issues in Estimating Future Earnings and Dividends 23 Market Efficiency：The Concept 24 Market Efficiency：The Evidence Appendix 10： Additional Properties of the Minimum Variance Set Appendix 11：Invest Software Glossary Index