Financial Market Analysis

INTRODUCTION TO FINANCIAL MARKETS. The Financial System. The Market Determination of Discount Rates. Financial Arithmetic. THE ANALYSIS AND VALUATION OF SECURITIES. Money Market Securities. Bonds. Shares. Foreign Currency. Forewards and Futures. Options, Warrants and Convertibles. Synthetic Securities. PORTFOLIO ANALYSIS, MANAGEMENT AND PERFORMANCE MEASUREMENT Market Efficiency: Theory and Evidence. Speculation and Arbitrage. Portfolio Analysis and Asset Pricing. Portfolio Management. Portfolio Performance Measurement. Hedging and Efficient Portfolio Management. POSTSCRIPT. The Failure of the Financial Markets. Recent Developments in Financial Market Analysis.