Suitable for the graduate/MBA investments market, this work has as its unifying theme that security markets are nearly efficient, meaning that most securities are usually priced appropriately given their risk and return attributes. It focuses on asset allocation, and offers a treatment of futures, options, and other derivative security markets.

Investments + S&p's Educational Version of Market Insight + Powerweb + Stock Trak Discount Coupon 2004, Irwin/McGraw-Hill, London

ISBN-13: 9780072934144

6th edition