Table of Contents :

Part 1. Introduction
Chapter 1.The Investment Environment
Chapter 2. Asset Classes and Financial Investments
Chapter 3. How Securities are Traded
Chapter 4. Mutual Funds and Other Investment Companies

Part 2. Portfolio Theory and Practice
Chapter 5. Learning About Return and
Chapter 6. Risk from the Historical Record Risk Aversion and Capital Allocation to Risky Assets
Chapter 7. Optimal Risky Portfolios
Chapter 8. Index Models

Part 3. Equilibrium in Capital Markets
Chapter 9. The Capital Asset Pricing Model
Chapter 10. Arbitrage Pricing Theory and Multifactor Models of Risk and Return
Chapter 11. The Efficient Market Hypothesis
Chapter 12. Behavioral Finance and Technical Analysis
Chapter 13. Empirical Evidence on Security Returns

Part 4. Fixed-Income Securities
Chapter 14. Bond Prices and Yields
Chapter 15. The Term Structure of Interest Rates
Chapter 16. Managing Bond Portfolios

Part 5. Security Analysis
Chapter 17. Macroeconomic and Industry Analysis
Chapter 18. Equity Valuation Models
Chapter 19. Financial Statement Analysis

Part 6. Options, Futures, and Other Derivatives
Chapter 20. Options Markets: Introduction
Chapter 21. Option Valuation
Chapter 22. Futures Markets
Chapter 23. Futures, Swaps, and Risk Management

Part 7. Applied Portfolio Management
Chapter 24. Portfolio Performance Evaluation
Chapter 25. International Diversification
Chapter 26. Hedge Funds
Chapter 27. The Theory of Active Portfolio Management
Chapter 28. Investment Policy and the Framework of the CFA Institute