Test Bank for Investment Analysis and Portfolio Management 10th Edition by Reilly

This is completed downloadable of Test Bank for Investment Analysis and Portfolio Management 10th Edition by Reilly

Product Details:

• ISBN-10 ‏ : ‎ 0538482109
• ISBN-13 ‏ : ‎ 978-0538482103
• Author:   Frank K. Reilly (Author), Keith C. Brown (Author)

INVESTMENT ANALYSIS AND PORTFOLIO MANAGEMENT, Tenth Edition, teaches readers how to manage their money to derive the maximum benefit from what they earn. From asset allocation to selecting investments in a global market, this book gives readers a solid foundation in personal finance and presents the same tools used extensively by professionals, organizations, and schools across the country. Filled with real-world illustrations and hands-on applications, this book takes a rigorous, empirical approach to modern topics such as investment instruments, capital markets, behavioral finance, international investing, globalization, the impact of the 2008 financial market crisis, and changes in rating agencies and government agencies such as Fannie Mae and Freddie Mac. Practical and up-to-date, the book is an excellent resource for those with both a theoretical and practical need for investment expertise.

 

Table of Content:

1. Part 1: The Investment Background
2. Ch 1: The Investment Setting
3. 1.1 What is an Investment?
4. 1.2 Measures of Return and Risk
5. 1.3 Determinants of Required Rates of Return
6. 1.4 Relationship between Risk and Return
7. Summary
8. Suggested Readings
9. Question
10. Problems
11. Appendix Chapter 1
12. Ch 2: The Asset Allocation Decision
13. 2.1 Individual Investor Life Cycle
14. 2.2 The Portfolio Management Process
15. 2.3 The Need for a Policy Statement
16. 2.4 Input to the Policy Statement
17. 2.5 Constructing the Policy Statement
18. 2.6 The Importance of Asset Allocation
19. Summary
20. Suggested Readings
21. Questions
22. Problems
23. Appendix Chapter 2
24. Ch 3: Selecting Investments in a Global Market
25. 3.1 The Case for Global Investments
26. 3.2 Global Investment Choices
27. 3.3 Historical Risk-Returns on Alternative Investments
28. Summary
29. Suggested Readings
30. Questions
31. Problems
32. Appendix Chapter 3
33. Ch 4: Organization and Functioning of Securities Markets
34. 4.1 What is a Market?
35. 4.2 Primary Capital Markets
36. 4.3 Secondary Financial Markets
37. 4.4 Classification of U.S. Secondary Equity Markets
38. 4.5 Alternative Types of Orders Available
39. Summary
40. Suggested Readings
41. Questions
42. Problems
43. Ch 5: Security Market Indexes
44. 5.1 Uses of Security-Market Indexes
45. 5.2 Differentiating Factors in Constructing Market Indexes
46. 5.3 Stock-Market Indexes
47. 5.4 Bond-Market Indexes
48. 5.5 Composite Stock-Bond Indexes
49. 5.6 Comparison of Indexes Over Time
50. Summary
51. Suggested Readings
52. Questions
53. Appendix Chapter 5
54. Part 2: Developments in Investment Theory
55. Ch 6: Efficient Capital Markets
56. 6.1 Why Should Capital Markets Be Efficient?
57. 6.2 Alternative Efficient Market Hypotheses
58. 6.3 Tests and Results of Efficient Market Hypotheses
59. 6.4 Behavioral Finance
60. 6.5 Implications of Efficient Capital Markets
61. Summary
62. Suggested Readings
63. Questions
64. Problems
65. Ch 7: An Introduction to Portfolio Management
66. 7.1 Some Background Assumptions
67. 7.2 Markowitz Portfolio Theory
68. Summary
69. Suggested Readings
70. Questions
71. Problems
72. Appendix Chapter 7
73. Ch 8: An Introduction to Asset Pricing Models
74. 8.1 Capital Market Theory: An Overview
75. 8.2 The Capital Asset Pricing Model
76. 8.3 Relaxing the Assumptions
77. 8.4 Additional Empirical Tests of the CAPM
78. 8.5 The Market Portfolio: Theory versus Practice
79. Summary
80. Suggested Readings
81. Questions
82. Problems
83. Ch 9: Multifactor Models of Risk and Return
84. 9.1 Arbitrage Pricing Theory
85. 9.2 Multifactor Models and Risk Estimation
86. Summary
87. Suggested Readings
88. Questions
89. Problems
90. Part 3: Valuation Principles and Practices
91. Ch 10: Analysis of Financial Statements
92. 10.1 Major Financial Statements
93. 10.2 Analysis of Financial Ratios
94. 10.3 Computation of Financial Ratios
95. 10.4 Evaluating Internal Liquidity
96. 10.5 Evaluating Operating Performance
97. 10.6 Risk Analysis
98. 10.7 Analysis of Growth Potential
99. 10.8 Comparative Analysis of Ratios
100. 10.9 Analysis of Non-U.S. Financial Statements
101. 10.10 The Quality of Financial Statements
102. 10.11 The Value of Financial Statement Analysis
103. 10.12 Specific Uses of Financial Ratios
104. Summary
105. Suggested Readings
106. Questions
107. Problems
108. Ch 11: An Introduction to Security Valuation
109. 11.1 An Overview of the Valuation Process
110. 11.2 Why a Three-Step Valuation Process?
111. 11.3 Theory of Valuation
112. 11.4 Valuation of Alternative Investments
113. 11.5 Relative Valuation Techniques
114. 11.6 Estimating the Inputs: The Required Rate of Return and the Expected Growth Rate of Valuation Va
115. Appendix Chapter 11
116. Part 4: Analysis and Management of Common Stocks
117. Ch 12: Macroanalysis and Microvaluation of the Stock Market
118. 12.1 The Components of Market Analysis
119. 12.2 Macromarket Analysis
120. 12.3 Microvaluation Analysis
121. 12.4 Valuation Using the Earnings Multiplier Approach
122. 12.5 Estimating Expected Earnings per Share
123. 12.6 Estimating the Stock Market Earnings Multiplier
124. 12.7 Microvaluation of World Markets
125. Summary
126. Suggested Readings
127. Questions
128. Problems
129. Ch 13: Industry Analysis
130. 13.1 Why Do Industry Analysis?
131. 13.2 The Business Cycle and Industry Sectors
132. 13.3 Structural Economic Changes and Alternative Industries
133. 13.4 Evaluating the Industry Life Cycle
134. 13.5 Analysis of Industry Competition
135. 13.6 Estimating Industry Rates of Return
136. 13.7 Industry Analysis Using the Relative Valuation Approach
137. 13.8 Other Relative Valuation Ratios
138. 13.9 Global Industry Analysis
139. Summary
140. Suggested Readings
141. Questions
142. Problems
143. Appendix Chapter 13
144. Ch 14: Company Analysis and Stock Valuation
145. 14.1 Company Analysis versus Stock Valuation
146. 14.2 Economic, Industry, and Structural Links to Company Analysis
147. 14.3 Company Analysis
148. 14.4 Estimating Intrinsic Value
149. 14.5 Estimating Company Earnings per Share
150. 14.6 Walgreen Co.’s Competitive Strategies
151. 14.7 Estimating Company Earnings Multipliers
152. 14.8 Additional Measures of Relative Value
153. 14.9 Analysis of Growth Companies
154. 14.10 Measures of Value Added
155. 14.11 Site Visits and the Art of the Interview
156. 14.12 When to Sell
157. 14.13 Influences on Analysts
158. 14.14 Global Company and Stock Analysis
159. Summary
160. Suggested Readings
161. Questions
162. Problems
163. Ch 15: Technical Analysis
164. Underlying Assumptions of Technical Analysis
165. Advantages of Technical Analysis
166. Challenges to Technical Analysis
167. Technical Trading Rules and Indicators
168. Technical Analysis of Foreign Markets
169. Technical Analysis of Bond Markets
170. Ch 16: Equity Portfolio Management Strategies
171. 16.1 Passive versus Active Management
172. 16.2 An Overview of Passive Equity Portfolio Management Strategies
173. 16.3 An Overview of Active Equity Portfolio Management Strategies
174. 16.4 Value versus Growth Investing: A Closer Look
175. 16.5 An Overview of Style Analysis
176. 16.6 Asset Allocation Strategies
177. Summary
178. Suggested Readings
179. Questions
180. Problems
181. Part 5: Analysis and Management of Bonds
182. Ch 17: Bond Fundamentals
183. 17.1 Basic Features of a Bond
184. 17.2 The Global Bond Market Structure
185. 17.3 Alternative Bond Issues
186. 17.4 Obtaining Information on Bond Prices
187. Summary
188. Suggested Readings
189. Questions
190. Problems
191. Ch 18: The Analysis and Valuation of Bonds
192. 18.1 The Fundamentals of Bond Valuation
193. 18.2 Computing Bond Yields
194. 18.3 Calculating Future Bond Prices
195. 18.4 Bond Valuation Using Spot Rates
196. 18.5 What Determines Interest Rates?
197. 18.6 Calculating Forward Rates from the Spot Rate Curve
198. 18.7 Term Structure Theories
199. 18.8 What Determines the Price Volatility for Bonds?
200. 18.9 Yield Spreads with Embedded Options
201. Summary
202. Suggested Readings
203. Questions
204. Problems
205. Ch 19: Bond Portfolio Management Strategies
206. 19.1 Bond Portfolio Performance, Style, and Strategy
207. 19.2 Passive Management Strategies
208. 19.3 Active Management Strategies
209. 19.4 Core-Plus Management Strategies
210. 19.5 Matched-Funding Management Strategies
211. 19.6 Contingent and Structured Management Strategies
212. Summary
213. Suggested Readings
214. Questions
215. Problems
216. Appendix Chapter 19
217. Part 6: Derivative Security Analysis
218. Ch 20: An Introduction to Derivative Markets and Securities
219. 20.1 Overview of Derivative Markets
220. 20.2 Investing with Derivative Securities
221. 20.3 The Relationship between Forward and Option Contracts
222. 20.4 An Introduction to the Use of Derivatives in Portfolio Management
223. Summary
224. Suggested Readings
225. Questions
226. Problems
227. Ch 21: Forward and Futures Contracts
228. 21.1 An Overview of Forward and Futures Trading
229. 21.2 Hedging with Forwards and Futures
230. 21.3 Forward and Futures Contracts: Basic Valuation Concepts
231. 21.4 Financial Forwards and Futures: Applications and Strategies
232. Summary
233. Suggested Readings
234. Questions
235. Problems
236. Appendix Chapter 21
237. Ch 22: Option Contracts
238. 22.1 An Overview of Option Markets and Contracts
239. 22.2 The Fundamentals of Option Valuation
240. 22.3 Option Valuation: Extensions and Advanced Topics
241. 22.4 Option Trading Strategies
242. Summary
243. Suggested Readings
244. Questions
245. Problems
246. Ch 23: Swap Contracts, Convertible Securities, and Other Embedded Derivatives
247. 23.1 OTC Interest Rate Agreements
248. 23.2 Swap Contracting Extensions
249. 23.3 Warrants and Convertible Securities
250. 23.4 Other Embedded Derivatives
251. 23.5 Valuing Flexibility: An Introduction to Real Options
252. Summary
253. Suggested Readings
254. Questions
255. Problems
256. Part 7: Specification and Evaluation of Asset Management
257. Ch 24: Professional Money Management, Alternative Management, Alternative
258. 24.1 The Asset Management Industry: Structure and Evolution
259. 24.2 Private Management and Advisory Firms
260. 24.3 Organization and Management of Investment Companies
261. 24.4 Investing in Alternative Asset Classes
262. 24.5 Ethics and Regulation in the Professional Asset Management Industry
263. 24.6 What Do You Want from a Professional Asset Manager?
264. Summary
265. Suggested Readings
266. Questions
267. Problems
268. Ch 25: Evaluation of Portfolio Performance
269. 25.1 What is Required of a Portfolio Manager?
270. 25.2 Early Performance Measurement Techniques
271. 25.3 Composite Portfolio Performance Measures
272. 25.4 Application of Portfolio Performance Measures
273. 25.5 Portfolio Performance Evaluation: Some Extensions
274. 25.6 Factors That Affect Use of Performance Measures
275. 25.7 Evaluation of Bond Portfolio Performance
276. 25.8 Reporting Investment Performance
277. Summary
278. Suggested Readings
279. Questions
280. Problems
281. Appendix A: How to Become a CFA Charterholder
282. Appendix B: Code of Ethics and Standards of Professional Conduct
283. Appendix C: Interest Tables
284. Appendix D: Standard Normal Probabilities
285. Comprehensive References List
286. Glossary
287. Index