Finance: Financial Markets, Business Finance, and Asset Management | by Frank J. Fabozzi and Pamela Peterson Drake | 2009 | ISBN: 9780470407356. Financial Management Books. Investment Management Books. Financial Ratio Analysis. Financial Strategy. Financial Planning.

November 24, 2009 by kutenk
Filed under: Business Books 

Finance: Financial Markets, Business Finance, and Asset Management

by Frank J. Fabozzi and Pamela Peterson Drake
2009 (811 pages)
ISBN:9780470407356

Containing straightforward insights, this well-rounded guide to the dynamic field of finance will help you understand what the principles of modern finance are and how they can be used to make the right decisions when managing risk and return.

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Finance—Financial Markets, Business Finance, and Asset Management







Preface
Part One – Background
Chapter 1 – What Is Finance?
Overview
Capital Markets and Capital Market Theory
Financial Management
Investment Management
Summary

Chapter 2 – Mathematics of Finance
The Importance of the Time Value of Money
Determining the Future Value
Determining the Present Value
Determining the Unknown Interest Rate
Determining the Number of Compounding Periods
The Time Value of a Series of Cash Flows
Valuing Cash Flows with Different Time Patterns
Loan Amortization
The Calculation of Interest Rates and Yields
Principles of Valuation
Summary

Chapter 3 – Basics of Financial Analysis
Overview
Financial Ratio Analysis
Cash Flow Analysis
Usefulness of Cash Flows in Financial Analysis
Summary
Notes
References

Part Two – Capital Markets and Capital Market Theory
Chapter 4 – The Financial System

Financial Assets/Financial Instruments
Financial Markets
Financial Intermediaries
Regulators of Financial Actitivies
Classification of Financial Markets
Market Participants
Summary
Notes
References

Chapter 5 – Interest Rate Determination and the Structure of Interest Rates
Theories about Interest Rate Determination
The Federal Reserve System and the Determination of Interest Rates
The Structure of Interest Rates
Term Structure of Interest Rates
Summary
Notes
References

Chapter 6 – Basics of Derivatives
Futures and Forward Contracts
Options
Swaps
Cap and Floor Agreements
Summary
Appendix: Black-Scholes Option Pricing Model
Notes
References

Chapter 7 – Asset Valuation: Basic Bond and Stock Valuation Models
Valuing Bonds
Valuation of Common Stock Using Dividend Discount Models
Summary
Appendix: Valuing Convertible Bonds
Notes
References

Chapter 8 – Asset Valuation: The Theory of Asset Pricing
Characteristics of an Asset Pricing Model
Capital Asset Pricing Model
Arbitrage Pricing Theory Model
Summary
Notes
References

Part Three – Financial Management
Chapter 9 – Financial Management

Overview
Forms of Business Enterprise
The Objective of Financial Management
The Agency Relationship
Dividend and Dividend Policies
Special Considerations in International Financial Management
Summary
Notes
References

Chapter 10 – Financial Strategy and Financial Planning
Overview
Strategy and Value
Financial Planning and Budgeting
Importance of Financial Planning
Budgeting Process
Sales Forecasting
Seasonal Considerations
Budgeting
Pro Forma Financial Statements
Long-Term Financial Planning
Financial Modeling
Performance Evaluation
Strategy and Value Creation
Summary
Notes
References


Chapter 11 – The Corporate Financing Decision
Debt vs. Equity
The Concept of Leverage
Capital Structure and Financial Leverage
Financial Leverage and Risk
Capital Structure and Taxes
Capital Structure and Financial Distress
The Cost of Capital
The Agency Relationship and Capital Structure
Optimal Capital Structure: Theory and Practice
A Capital Structure Prescription
Summary
Appendix: Capital Structure: Lessons from Modigliani and Miller
Notes
References

Chapter 12 – Financial Engineering, Asset Securitization, and Project Financing
Overview
Creation of Structured Notes
Asset Securitization
Project Financing
Summary
Notes
References

Chapter 13 – Capital Budgeting: Process and Cash Flow Estimation
Overview
Investment Decisions and Owners’ Wealth Maximization
Capital Budgeting Process
Classifying Investment Projects
Estimating Cash Flows of Capital Budgeting Projects
Summary
Notes
References

Chapter 14 – Capital Budgeting Techniques
Evaluation Techniques
Net Present Value
Profitability Index
Internal Rate of Return
Modified Internal Rate of Return
Payback Period
Discounted Payback Period
Issues in Capital Budgeting
Comparing Techniques
Capital Budgeting Techniques in Practice
Capital Budgeting and the Justification of New Technology
Incorporating Risk into Capital Budgeting Analysis
Summary
Notes
References

Chapter 15 – Managing Current Assets
Overview
Management of Cash and Marketable Securities
Cash Management
Marketable Securities
Management of Accounts Receivable
Inventory Management
Summary
Notes
References

Chapter 16 – Financial Risk Management
Risk Defined
Enterprise Risk Management
Managing Risks
Risk Transfer
Summary
Notes
References

Part Four – Investment Management
Chapter 17 – The Basic Principles of Investment Management

The Investment Management Process
The Theory of Portfolio Selection
Tracking Error
Measuring and Evaluating Performance
Summary
Notes
References

Chapter 18 – Equity Portfolio Management
Stock Market Indicators
Top-Down vs. Bottom-Up Approaches
Fundamental vs. Technical Analysis
Popular Stock Market Strategies



Passive Strategies
Equity-Style Management
Types of Stock Market Structures
The U.S. Stock Markets: Exchanges and OTC Markets
Trading Mechanics
Summary
Notes
References

Chapter 19 – Bond Portfolio Management
Sectors of The Bond Market
Features of Bonds
Yield Measures
Risks Associated with Investing in Bonds
Measuring Interest Rate Risk
Bond Indexes
Active Bond Portfolio Strategies
Passive Bond Portfolio Strategies
Summary
References

Chapter 20 – Use of Stock Index Futures and Treasury Futures Contracts in Portfolio Management
Overview
Using Stock Index Futures in Equity Portfolio Management
Using Treasury Bond and Note Futures Contracts in Bond Portfolio Management
Using Stock Index Futures and Treasury Bond Futures to Implement an Asset Allocation Decision
Summary
Notes
References

Chapter 21 – Use of Options in Portfolio Management
Using Stock Options and Index Options in Equity Portfolio Management
Using Interest Rate Options in Bond Portfolio Management
Summary
Appendix: Pricing Models on Options on Physicals and Futures Options
Notes
References

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Comments

4 Comments on Finance: Financial Markets, Business Finance, and Asset Management | by Frank J. Fabozzi and Pamela Peterson Drake | 2009 | ISBN: 9780470407356. Financial Management Books. Investment Management Books. Financial Ratio Analysis. Financial Strategy. Financial Planning.

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