Investments 13th Edition By Zvi Bodie

Finance 13th Version By Zvi Bodie

1. ISBN-10

   1266836381
2. ISBN-13

   978-1266836381

3. Finance established itself as a postgraduate (MBA) text intended primarily for courses in financial analysis. The guiding principle has been to present the material in a framework that is structured around a core set of consistent fundamental principles to introduce students to key issues currently relevant to all investors. Linking theory to practice, the authors adopt an approach aligned with that of the CFA Institute. Several features of this text align it with and relate to the CFA curriculum.

    

    

   The overarching central theme is that financial markets are virtually efficient, indicating that the majority of securities are accurately priced considering their risk and return characteristics. Finance is also structured around several key themes: The primary theme is the near informational efficiency of well-established security markets and the broad understanding that competitive markets do not offer “free lunches” to participants. A secondary theme is the risk-reward trade-off. Furthermore, this text places significant emphasis on asset allocation. Lastly, this text delivers a comprehensive treatment of futures, options, and other derivative security markets.