Financial Markets and Institutions (with InfoTrac) Book

Part I	Overview of the Financial Environment	1
Chapter 1	Role of Financial Markets and Institutions	2
	Overview of Financial Markets	2
	Securities Traded in Financial Markets	4
	Financial Market Efficiency	6
	Financial Market Regulation	7
	Financial Market Globalization	7
	Role of Financial Institutions in Financial Markets	8
	Comparison of Financial Institutions	12
	Global Expansion by Financial Institutions	16
	Summary	16
	Questions and Applications	17
	Interpreting Financial News	18
	Internet Exercise	18
	Managing in Financial Markets	18
	WSJ Exercise	18
Chapter 2	Determination of Interest Rates	19
	Relevance of Interest Rate Movements	19
	Loanable Funds Theory	19
	Economic Forces That Affect Interest Rates	27
	Evaluation of Interest Rates over Time	34
	Forecasting Interest Rates	35
	Summary	37
	Questions and Applications	38
	Interpreting Financial News	39
	Internet Exercise	39
	Managing in Financial Markets	39
	WSJ Exercise	40
Chapter 3	Structure of Interest Rates	41
	Factors Affecting Yields among Securities	41
	Explaining Actual Yield Differentials	48
	Estimating the Appropriate Yield	49
	A Closer Look at the Term Structure	51
	International Structure of Interest Rates	67
	Summary	69
	Questions and Applications	69
	Interpreting Financial News	70
	Internet Exercise	70
	Problems	70
	Managing in Financial Markets	71
	WSJ Exercise	71
	Integrative Problem: Interest Rate Forecasts and Investment Decisions	73
Part II	The Fed and Monetary Policy	74
Chapter 4	Functions of the Fed	75
	Organization of the Fed	75
	Monetary Policy Tools	80
	Impact of Technical Factors on Funds	86
	Fed Control of the Money Supply	86
	Monetary Control Act of 1980	88
	Global Monetary Policy	91
	A Single European Monetary Policy	91
	Summary	92
	Questions and Applications	92
	Interpreting Financial News	93
	Internet Exercise	93
	Managing in Financial Markets	93
	WSJ Exercise	94
Chapter 5	Monetary Theory and Policy	95
	Monetary Theory	95
	Tradeoff Faced by the Fed	102
	Economic Indicators Monitored by the Fed	104
	Lags in Monetary Policy	106
	Assessing the Impact of Monetary Policy	107
	Integrating Monetary and Fiscal Policies	111
	Global Effects of Monetary Policy	117
	Summary	119
	Questions and Applications	119
	Interpreting Financial News	120
	Internet Exercise	120
	Managing in Financial Markets	121
	WSJ Exercise	121
	Integrative Problem: Fed Watching	122
Part III	Debt Security Markets	124
Chapter 6	Money Markets	125
	Money Market Securities	125
	Institutional Use of Money Markets	137
	Valuation of Money Market Securities	138
	Risk of Money Market Securities	141
	Interaction among Money Market Yields	141
	Globalization of Money Markets	143
	Summary	147
	Questions and Applications	147
	Interpreting Financial News	148
	Internet Exercise	148
	Problems	148
	Managing in Financial Markets	149
	WSJ Exercise	149
Chapter 7	Bond Markets	150
	Background on Bonds	150
	Treasury Bonds	151
	Federal Agency Bonds	154
	Municipal Bonds	155
	Corporate Bonds	155
	Institutional Use of Bond Markets	165
	Globalization of Bond Markets	166
	Summary	169
	Questions and Applications	169
	Interpreting Financial News	170
	Internet Exercise	170
	Managing in Financial Markets	170
	WSJ Exercise	171
Chapter 8	Bond Valuation and Risk	172
	Bond Valuation Process	172
	Relationship between Coupon Rate, Required Return, and Bond Price	176
	Explaining Bond Price Movements	178
	Sensitivity of Bond Prices to Interest Rate Movements	183
	Interaction among Bond Yields	187
	Bond Investment Strategies Used by Investors	189
	Return and Risk of International Bonds	190
	Summary	193
	Questions and Applications	194
	Interpreting Financial News	195
	Internet Exercise	195
	Problems	195
	Managing in Financial Markets	197
	WSJ Exercise	197
Appendix 8	Forecasting Bond Prices and Yields	198
Chapter 9	Mortgage Markets	207
	Background on Mortgages	207
	Residential Mortgage Characteristics	207
	Creative Mortgage Financing	213
	Activities in the Mortgage Market	214
	Institutional Use of Mortgage Markets	215
	Valuation of Mortgages	216
	Risk from Investing in Mortgages	221
	Use of Mortgage-Backed Securities	224
	Globalization of Mortgage Markets	228
	Summary	228
	Questions and Applications	228
	Interpreting Financial News	229
	Internet Exercise	229
	Managing in Financial Markets	229
	WSJ Exercise	229
	Integrative Problem: Asset Allocation	230
Part IV	Equity Markets	231
Chapter 10	Stock Markets	232
	Background on Common Stock	232
	Background on Preferred Stock	233
	Public Placement of Stock	234
	Stock Exchanges	238
	Regulation of Trading on Stock Exchanges	245
	Stock Quotations	247
	Stock Indexes	250
	Stock Market Performance	253
	Institutional Participation in Stock Markets	253
	Investor Monitoring of Firms in the Stock Market	256
	Corporate Monitoring of Firms in the Stock Market	257
	Corporate Monitoring of Their Own Stock in the Stock Market	259
	Impact of the 1987 Stock Market Crash on Financial Markets	261
	Globalization of Stock Markets	262
	Summary	270
	Questions and Applications	271
	Interpreting Financial News	271
	Internet Exercise	271
	Problems	271
	Managing in Financial Markets	272
	WSJ Exercise	272
Chapter 11	Stock Valuation and Risk	273
	Stock Valuation Methods	273
	Determining the Required Rate of Return to Value Stocks	278
	Factors That Affect Stock Prices	281
	Stock Risk	288
	Applying Value at Risk	291
	Forecasting Stock Price Volatility and Beta	293
	Stock Performance Measurement	295
	Stock Market Efficiency	297
	Foreign Stock Valuation, Performance, and Efficiency	299
	Summary	301
	Questions and Applications	301
	Interpreting Financial News	302
	Internet Exercise	302
	Problems	302
	Managing in Financial Markets	303
	WSJ Exercise	303
	Integrative Problem: Stock Market Analysis	304
Part V	Derivative Security Markets	305
Chapter 12	Financial Futures Markets	306
	Background on Financial Futures	306
	Interpreting Financial Futures Tables	308
	Valuation of Financial Futures	309
	Explaining Price Movements of Bond Futures Contracts	310
	Speculating with Interest Rate Futures	311
	Closing out the Futures Position	313
	Hedging with Interest Rate Futures	314
	Bond Index Futures	316
	Stock Index Futures	317
	Risk of Trading Futures Contracts	325
	Regulation in the Futures Markets	327
	Institutional Use of Futures Markets	328
	Globalization of Futures Markets	329
	Summary	330
	Questions and Applications	331
	Interpreting Financial News	332
	Internet Exercise	332
	Problems	332
	Managing in Financial Markets	333
	WSJ Exercise	333
Chapter 13	Options Markets	334
	Background on Options	334
	Stock Option Quotations	335
	Speculating with Stock Options	336
	Determinants of Stock Option Premiums	340
	Explaining Changes in Option Premiums	345
	Hedging with Stock Options	345
	Using Options to Measure a Stock's Risk	347
	Stock Index Options	349
	Options on Futures Contracts	353
	Hedging with Options on Futures	356
	Institutional Use of Options Markets	359
	Globalization of Options Markets	359
	Summary	361
	Questions and Applications	361
	Interpreting Financial News	362
	Internet Exercise	362
	Problems	362
	Managing in Financial Markets	364
	WSJ Exercise	364
Appendix 13	Option Valuation	366
Chapter 14	Interest Rate Derivative Markets	374
	Background	374
	Participation by Financial Institutions	376
	Types of Interest Rate Swaps	377
	Risks of Interest Rate Swaps	385
	Pricing Interest Rate Swaps	386
	Factors Affecting the Performance of Interest Rate Swaps	387
	Applications of Interest Rate Swaps	388
	Interest Rate Caps, Floors, and Collars	391
	Globalization of Swap Markets	395
	Summary	397
	Questions and Applications	398
	Interpreting Financial News	399
	Internet Exercise	399
	Problems	399
	Managing in Financial Markets	400
	WSJ Exercise	400
Chapter 15	Foreign Exchange Derivative Markets	401
	Background on Foreign Exchange Markets	401
	Factors Affecting Exchange Rates	407
	Movements in Exchange Rates	412
	Forecasting Exchange Rates	412
	Forecasting Exchange Rate Volatility	415
	Speculation in Foreign Exchange Markets	416
	Foreign Exchange Derivatives	417
	International Arbitrage	424
	Explaining Price Movements of Foreign Exchange Derivatives	426
	Summary	427
	Questions and Applications	428
	Interpreting Financial News	428
	Internet Exercise	429
	Problems	429
	Managing in Financial Markets	430
	WSJ Exercise	430
Appendix 15A	Impact of t Title:    Financial Markets and Institutions (with InfoTrac) Manufacturer: National Learning Corporation National Learning Corporation Item Number: 9780324288452 Publication Date: January 2005 Number: 7 Product Description: Full Name: Financial Markets and Institutions (with InfoTrac); Short Name:Financial Markets and Institutions Universal Product Code (UPC): 9780324288452 WonderClub Stock Keeping Unit (WSKU): 9780324288452 Rating: 4/5 based on 2 Reviews Image Location: https://wonderclub.com/images/covers/84/52/9780324288452.jpg Category: Media >> Books Weight: 0.200 kg (0.44 lbs) Width: 0.000 cm (0.00 inches) Heigh : 0.000 cm (0.00 inches) Depth: 0.000 cm (0.00 inches) Date Added: August 25, 2020, Added By: Ross Date Last Edited: August 25, 2020, Edited By: Ross Price Condition Delivery Seller Action $99.99 Digital Arrives between Apr 25 - May 25 Login to your account for a direct download. Some files are emailed from Dropbox. Continent $0.00 - World $0.00 WonderClub (9294 total ratings) Question Concerning Financial Markets and Institutions Ask a Question about Financial Markets and Institutions No Question found! Read Reviews for Financial Markets and Institutions (with InfoTrac) Write review Pat Spinelli reviewed Financial Markets and Institutions (with InfoTrac) on December 21, 2013 Financial Markets and Institutions (with InfoTrac) Material was very clearly presented and well written. While a bit dry at times, I rarely had trouble understanding the concepts. A good overview of financial markets with some of the key calculations for valuation, interest rates, etc included. Login   |   Complaints   |   Blog   |   Games   |   Digital Media   |   Souls   |   Obituary   |   Contact Us   |   FAQ CAN'T FIND WHAT YOU'RE LOOKING FOR? CLICK HERE!!! X You must be logged in to add to Wishlist E-mail address: Password:           Open Account Here X This item is in your Wish List View Wish List Remove from List Continue Shopping X This item is in your Collection Financial Markets and Institutions (with InfoTrac) View Collection Remove from Collection Edit Collection Continue Shopping X This Item is in Your Inventory Financial Markets and Institutions (with InfoTrac) View Inventory Remove from Inventory Edit Inventory Continue Shopping X You must be logged in to review the products E-mail address: Password:           Open Account Here X View Cart Checkout Continue Shopping X X Add Financial Markets and Institutions (with InfoTrac), , Financial Markets and Institutions (with InfoTrac) to the inventory that you are selling on WonderClub Product Condition Collectible - Good Collectible - Acceptable Collectible - Very Good Collectible - Like New New - New Refurbished - Refurbished Replica - Acceptable Replica - Good Replica - Very Good Replica - Like New Replica - New Used - Like New Used - Very Good Used - Good Used - Acceptable Price Condition Note Quantity 1 2 3 4 5 6 7 8 9 10 MSKU MSKU=Merchant Stock Keeping Unit, You can create any value you wish to help you keep track of your products Add X X Add Financial Markets and Institutions (with InfoTrac), , Financial Markets and Institutions (with InfoTrac) to your collection on WonderClub Condition Note Quantity 1 2 3 4 5 6 7 8 9 10 MSKU MSKU=Merchant Stock Keeping Unit, You can create any value you wish to help you keep track of your products Value This is the value of this item at today's market price Price Paid This is the price you paid for this item. Add