摘要: INTRODUCTION TO FINANCIAL MARKETS. The Financial System. Market Determination of Discount Rates. Arithmetic. THE ANALYSIS AND VALUATION OF SECURITIES. Money Securities. Bonds. Shares. Foreign Currency. Forewards and Futures. Options, Warrants Convertibles. Synthetic PORTFOLIO ANALYSIS, MANAGEMENT PERFORMANCE MEASUREMENT Efficiency: Theory Evidence. Speculation Arbitrage. Portfolio Analysis Asset Pricing. Management. Performance Measurement. Hedging Efficient POSTSCRIPT. Failure the Markets. Recent Developments in Analysis.