Investments : Spot and Derivatives
A key aim of the book is to take basic concepts from finance and
economics and to demonstrate how these can be used to understand
real world practical issues facing individual investors, firms,
government and regulators. The book covers three broad themes:
- Behavioural in financial markets, including
the pricing of risky assets and alternative investment strategies.
- Decisions in corporate finance such as raising capital (including
an analysis of callable bonds, convertibles, warrants and stock
options), the valuation of firms and investment projects, creating
shareholder value, capital structure, dividend policy, mergers
and acquisitions and hedging business and financial risk.
- Public policy issues including the impact of monetary policy,
the choice of exchange rate policy, 'excess volatility' in financial
markets, internet day-trading, hedge funds and the role of derivatives
and finally, policy issues in international finance, including
The book is aimed at final year undergraduates in finance, business
studies/management and core courses for MBA and MSc finance students
and those undertaking professional qualifications in the finance
sector. No prior knowledge of math or stats is assumed beyond that
in a first-year undergraduate 'quants for business studies' course
and two separate revision chapters on these topics are included.
of Chapter Questions (also contents list of the textbook
'Investments : Spot and Derivatives Markets').
Slides (only Figures and Diagrams from book)
Slides for 'Financial Management'