Product Description

This is a volume discussing a wide range of topics encountered in Financial decision-making. Based on courses developed by the author over several years, this book provides access to a broad area of research that is not available in separate articles or books of readings. Topics covered include the meaning and measurement of risk, general single-period portfolio problems, mean-variance analysis and the Capital Asset Pricing Model, the Arbitrage Pricing Theory, complete markets, multiperiod portfolio problems and the Intertemporal Capital Asset Pricing Model, the Black-Scholes option pricing model and contingent claims analysis, "risk-neutral" pricing with martingales, Modigilani-Miller and the capital structure of the firm, interest rates and the term structure and others.

Product Details

• Amazon Sales Rank: #383418 in Books
• Published on: 1987-06-28
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 496 pages