|Fabozzi, Frank J. / Neave, Ted / Zhou, Guofu|
1. Edition January 2012
2012. 672 Pages, Hardcover
- Textbook -
ISBN 978-0-470-59620-3 - John Wiley & Sons
E-Books are also available on all known E-Book shops.
Financial Economics has quickly established itself as a strong and growing market. Introduction to Financial Economics by Frank Fabozzi, Ted Neave, and Gaofu Zhou presents an introduction to basic financial ideas through a strong grounding in microeconomic theory. This calculus based text explores the theoretical framework for analyzing the decisions by individuals and managers of firms, and area which is common to both the financial economics and microeconomics. It also explores the interplay of these decisions on the prices of financial assets.
From the contents
2. Consumer Financial Decisions.
3. Creating Wealth by Investing in Productive Opportunities.
4. How Investors Value Firms.
5. Firm Financing Decisions in a Perfect Capital Market.
6. Firm Investment Decisions.
7. Financial Systems, Governance, and Organization.
8. Market, Intermediary, and Internal Governance.
9. The Microeconomic Foundations of Financial Economics.
10. Contingent Claims Analysis and Contingency Strategies.
11. Risk and Risk Management.
12. On Choosing Risk Measures.
13. Mean-Variance Portfolio Choice.
14. Capital Asset Pricing Model.
15. The APT and Factor Models.
16. General Principles of Asset Pricing.
17. Pricing Corporate Securities.
18. Pricing Derivatives by Arbitrage: Linear Payoff Derivatives.
19. Pricing Derivatives by Arbitrage: Nonlinear Payoff Derivatives.
20. Capital Market Imperfections and Financial Decision Criteria.
21. Impediments to Arbitrage.
22. When Capital Structure Decisions Matter.
23. Financing Decisions in Practice.
24. Financial Contracting and Deal Terms.
25. Capital Expenditure Plans in a Risky World.
26. Evaluating Project Risk in Capital Budgeting.
A. Deal Terms.
B. Corporate Debt Funding Instruments.
C. Investment Bankers and the Issuance of Securities.
D. Creditor Risk.
E. Financial Statements.
F. Financial Ratio Analysis.
G. Estimating Cash Flows of Capital Budgeting Projects.
H. Merger and Acquisition Strategies.
I. Conglomerates as a Means of Overcoming Capital Market Imperfections.
J. Lease financing in an Imperfect Capital Market.
MATHEMATICAL AND STATISTICAL APPENDICES.
K. Taylor expansion series.
L. Some Elementary concepts involving probability.
M. Continuous Probability Distributions.
N. Continuous versus simple interest.
O. Matrix Algebra.
P. Principal Component Analysis in Finance.