Financial Markets and Institutions (with Stock Trak Coupon)

by Madura, Jeff

• ISBN13: 9781439038840
• ISBN10: 1439038848
• Edition: 9th
• Format: Hardcover
• Copyright: 2009-09-25
• Publisher: South-Western College Pub

Summary

With its proven conceptual framework and clear presentation, FINANCIAL MARKETS AND INSTITUTIONS, Ninth Edition (with Stock-Trak coupon), can help you understand why financial markets exist, how financial institutions serve those markets, and the various services those institutions offer. In describing each type of market, the book emphasizes the securities traded in that market and how financial institutions participate in it, while descriptions of financial institutions focus on their management, performance, regulatory aspects, use of financial markets, and sources and uses of funds. Following the introduction of key financial markets and institutions, the book explores the functions of the Federal Reserve System, the major debt security markets, equity security markets, and the derivative security market. Continuing a strong tradition of timely examples and practical applications, the ninth edition includes extensive updates on the global financial and credit crisis, revised questions and exercises, and new WALL STREET JOURNAL features. In addition, integrated learning tools such as chapter summaries, learning objectives, Internet exercises, special coverage of global financial issues, point/counterpoint discussions of controversial topics, and features to help you interpret current financial news reinforce key concepts and make it easier for you to master the material.

Table of Contents

Overview Of The Financial Environment

Role of Financial Markets and Institutions

Determination of Interest Rates

Structure of Interest Rates

Integrative Problem for Part 1

The Fed And Monetary Policy

Functions of the Fed

Monetary Policy

Integrative Problem for Part 2

Debt Security Markets

Money Markets

Bond Markets

Bond Valuation and Risk

Mortgage Markets

Integrative Problem for Part 3

Equity Markets

Stock Offerings and Investor Monitoring

Stock Valuation and Risk

Market Microstructure and Strategies

Integrative Problem for Part 4

Derivative Security Markets

Financial Futures Markets

Options Markets

Interest Rate Derivative Markets

Foreign Exchange Derivative Markets

Integrative Problem for Part 5. Midterm Self-Exam

Commercial Banking

Commercial Bank Options

Bank Regulation

Bank Management

Bank Performance

Integrative Problem for Part 6

Nonbank Operations

Thrift Operations

Consumer Finance Operations

Mutual Fund Operations

Securities Operations

Insurance and Pension Fund Operations

Integrative Problem for Part 7. Final Self-Exam

Comprehensive Project

Using Excel? for Statistical Analysis

Glossary

Index

Table of Contents provided by Publisher. All Rights Reserved.