Brief ContentSPart 1 The Environment of Investing 1
Glossary G- 1
Appendix B Answers to Selected Problems B- 1
Appendix A Mathematical Tables A- 1
Index I- 1
Chapter 1 An Introduction to Investments 3
Appendix 1:Supply and Demand 21
Chapter 2 The Creation of Financial Assets 26
Chapter 3 Security Markets 47
Chapter 4 Sources of Information 80
Chapter 5 The Time Value of Money 97
Chapter 6 The Tax Environment 122
Chapter 7 Risk and Portfolio Management 150
Appendix 7:Statistical Tools 196
Chapter 8 Investment Companies 210
Appendix 8:The Taxation of Mutual Fund Distributions 247
Part 2 Investing in Common Stock 249
Chapter 9 The Valuation of Common Stock 250
Chapter 10 The Return on Common Stock Investments 293
Chapter 11 Dividends:Past,Present,and Future 329
Appendix 11:Use of Regression Analysis to EstimateGrowth Rates 352
Chapter 12 The Macroeconomic Environment for Investment Decisions 355
Chapter 13 Security Selection:Analysis of Financial Statements 387
Appendix 13：Financial Leverage and the Return on Equity 431
Chapter 14 Technical Analysis 437
Part 3 Investing in Fixed-Income Securities 459
Chapter 15 The Bond Market 460
Appendix 15:The Term Structure of Interest Rates 490
Chapter 16 The Valuation of Fixed-Income Securities 492
Appendix 16A:Bond Discounts/Premiums ？DUration Compared 540
Appendix 16B:Using the Yield to Maturity to Price a Bond 544
Chapter 17 Government Securities 546
Appendix 17:Using Yield Curves 581
Chapter 18 Convertible Bonds and Convertible Preferred Stock 587
Part 4 Derivatives 615
Chapter 19 An Introduction to Options 616
Chapter 20 Option Valuation and Strategies 655
Appendix 20:Binomial Option Pricing 689
Chapter 21 Commodity and Financial Futures 693
Part 5 Portfolio Management 727
Chapter 22 Investing in Foreign Securities 728
Chapter 23 Investing in Nonfinancial Assets:Collectibles,Resources,and Real Estate 757
Chapter 24 Portfolio Planning and Management 801