These can be used as a guide to in-chapter assignments. End-of-chapter problems have been revised in most areas of the text. QR codes are now in the margins of each chapter. Students can scan these codes with their smartphones to gain access to videos and other web content that enhance the topical coverage of each chapter. Investor Mistakes feature boxes appear in the margins of most chapters and highlight investment lessons gleaned from the behavioral finance literature.
Investor Facts boxes are brief sidebar items that give an interesting statistic or cite an unusual investment experience. Most have been updated, and new boxes have been added. Watch Your Behavior features appear in the margins of most chapters and highlight investment lessons gleaned from behavioral finance literature. Chapter openers now include end-of-chapter problems in most chapters that tie back to the chapter opener.
An Excel Investing feature provides students with online access to electronic copies of most tables in the text that involve calculations. These allow students to see how changing key assumptions affects results. Key Equations are screened in yellow in the text to help students identify important mathematical relationships.
Calculator Keystrokes show students how to use financial calculators for specific equations. Concepts in Review questions appear at the end of each section in the chapter and allow students to test their understanding of the section before they move on to the next one. End-of-Chapter Summaries integrate chapter content with online resources. Learning Goal icons precede each summary item and boldface the learning goal. Case Problems are keyed into the learning goals and encourage students to apply their critical thinking skills to use techniques presented in the chapter, evaluate alternatives, and recommend how an investor might solve a specific problem.
Discussion questions guide students in integrating, investigating, and analyzing key concepts presented in the chapter. Problem Sets offer additional homework and learning opportunities within the learning goals. New to This Edition. The Investment Environment 2. Securities Markets and Transactions 3. Return and Risk 4A. The Time Value of Money 5. Common Stocks 7. Analyzing Common Stocks 8. Stock Valuation 9. Fixed-Income Securities Mutual Funds and Exchange-Traded Funds Options: Puts and Calls Investing in Preferred Stocks Tax-Advantaged Investments Real Estate and Other Tangible Investments.
Share a link to All Resources. Instructor Resources. Get students invested in the material: The friendly and engaging writing style helps students learn the material the first time and review the material before exams. Tailor the material to fit your course: A flexible chapter structure allows professors to easily integrate the text into their syllabi.
The first section describes the overall investment environment. The second section presents the conceptual tools needed by investors—the concepts of risk and return and the basics of portfolio construction. Then each of the popular investment vehicles—common stocks, bonds, preferred stocks, convertible securities, and mutual funds—is addressed.
A chapter on how to apply these concepts to administer a personal portfolio follows, culminating in a section on derivative securities, options, and futures. These new boxes include lessons from the marketplace. New to This Edition. Includes data in Table 4. Incorporates real data from Exxon Mobil and Panera Bread and continue using those firms in chapter 5 when discussing portfolios.
Exxon Mobil and Panera Bread were chosen because the two stocks a both had positive returns over the last 10 years, which many stocks do not have, and b they have a low correlation with each other, which makes the portfolio variance discussion more dramatic and more interesting. Chapter 9 Technical Analysis, Market Efficiency, and Behavioral Finance has been r evised to incorporate more on anomalies and behavioral finance. Share a link to All Resources.
Chapter 9 Technical Analysis, Market Efficiency, and Behavioral Finance is revised to incorporate more on anomalies and behavioral finance.
This feature. Web Chapters: Available at www. Pearson offers affordable and accessible purchase options to meet the needs of your students. Connect with us to learn more. Scott received his Ph. His scholarly articles have appeared in the Journal of Financial Economics, Financial Management, the Financial Review, the Journal of Accounting and Economics, and other scholarly journals.
He has been recognized as an outstanding teacher by Business Week, and he has won more than a dozen teaching awards. Cloth Package. We're sorry! We don't recognize your username or password. Please try again. The work is protected by local and international copyright laws and is provided solely for the use of instructors in teaching their courses and assessing student learning. You have successfully signed out and will be required to sign back in should you need to download more resources.
Out of print. Step-by-step video tutorials featuring author Scott Smart, found in MyFinanceLab, act as a learning aid for select end-of-chapter questions. Expanded and updated coverage of behavioral finance , particularly but not exclusively in Chapter 9. New and updated chapter openers with, in many chapters, an end-of-chapter problem that ties back to the chapter opener. Expanded coverage of exchange-traded funds in Chapter New to This Edition. Provide the most recent material: To stay current in the field of investments and to continue to craft a book that will truly meet the needs of students and professors, new learning tools and topic coverage are included: New Lead Author: Scott Smart, Scott received his Ph.
Table of Contents I. The Investment Environment 2. Securities Markets and Transactions 3. Return and Risk 4A. The Time Value of Money 5. Common Stocks 7. Analyzing Common Stocks 8. Stock Valuation 9. Fixed-Income Securities Bond Valuation V. Mutual Funds and Exchange-Traded Funds Options: Puts and Calls Investing in Preferred Stocks Tax-Advantaged Investments Real Estate and Other Tangible Investments.
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