This book covers interest rates and financial risk management while providing a conceptual basis from which to understand interest rates, interest-rate differentials, financial market equilibration,... This description may be from another edition of this product.
In this text, Van Horne combines elements of both finance and economics; this results in an outstanding compendium of financial theory as it relates to financial markets. However, the breadth of the material and the detail to which the reader is exposed necessitates succinct dissemination in such a compact text (300 pages). I've found more information in this paperback than most hardcover texts (800 pages or more) that I've read, and at half the price.My fellow students and I plowed our way through it in one 400-level course in the finance program at EWU. This is advanced material and not for the faint of heart. As I remember it, there was a sizable number of students with weak hearts about half-way through the quarter.
a great contribute to financial market theory
Published by Thriftbooks.com User , 25 years ago
Professor Van Horne Books are certainly fundamental to approach right the theory of finance. I think we have all to thank him for his studies.
A good reference for fixed income securities
Published by Thriftbooks.com User , 25 years ago
A compact book focusing on fixed-income market, derivatives, and risk management. Highly Recommended for advanced undergraduates
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