INTRODUCTION
• PORTFOLIO CONSTRUCTION AND PLANNING
• DEFINITIONS
• DIVERSIFICATION AND ASSET ALLOCATION
• EFFICIENT AND COMPETITIVE MARKETS
• PORTFOLIO ASSESSMENT
• THE INTERNET
SECURITIES MARKETS
• SECONDARY MARKETS AND THE ROLE OF MARKET MAKERS
• THE MECHANICS OF INVESTING IN SECURITIES
• THE LONG AND SHORT POSITIONS
• TYPES OF ORDERS
• CASH AND MARGIN ACCOUNTS
• FOREIGN SECURITIES
• REGULATION
• SECURITIES INVSTORS PROTECTION CORPORATION
• INITIAL PUBLIC OFFERINGS
THE TIME VALUE OF MONEY
• THE FUTURE VALUE OF 1/-
• THE PRESENT VALUE OF 1/-
• THE FUTURE SUM OF AN ANNUITY
• THE PRESENT VALUE OF AN ANNUITY
• NONANNUAL COMPOUNDING
FINANCIAL PLANNING
• THE PROCESS OF FINANCIAL PLANNING
• ASSET ALLOCATION
• TAXATION
• PENSION PLANS
• THE EFFICIENT MARKET HYPOTHESIS
RISK AND PORTFOLIO MANAGEMENT
• RETURN
• SOURCES OF RISK
• TOTAL(PORTFOLIO) RISK
• THE MEASUREMENT OF RISK
• RISK REDUCTION THROUGH DIVERSIFICATION
• PORTFOLIO THEORY
• THE CAPITAL ASSET PRICING MODEL
• BETA COEFFICIENTS
MUTUAL FUNDS
• INVESTMENT COMPANIES
• MUTUAL FUNDS
• THE PORTFOLIS OF MUTUAL FUMDS
• MONEY MARKET MUTUAL FUNDS
• TAXATION
• REDEEMING MUTUAL FUND SHARES
• MEASURES OF RISK-ADJUSTED SHARES
REITs And ETFS
• CLOSED-END INVESTMENT COMPANIES
• REAL ESTATE INVESTMENT TRUSTS
• EXCHANGE-TRDED FUNDS
• HEDGE FUNDS AND PRIVATE EQUITY FIRMS
• INVESTMENT COMPANIES AND FOREIGN INVESTMENTS
STOCK
• THE CORPORATE FORM OF BUSINESS AND THE RIGHTS OF COMMON STOCKHOLDERS
• CASH DIVIDENDS
• STOCK DIVIDENDS
• THE STOCK SPLIT
• STOCK REPURCHASE AND LIQUIDATIONS
• PREFERRED STOCK
• ANALYSIS OF FINANCIAL STATEMENTS
• LIQUIDITY RATIOS, ACTIVITY RATIOS, PROFITABILITY RATIOS, LEVERAGE RATIOS
• COVERAGE RATIOS
• ANALYSIS OF CASH FLOW
THE VALUATION OF COMMON STOCK
• THE INVESTOR’S EXPECTED RETURN
• VALUATION AS THE PRESENT VALUE OF DIVIDENDS AND THE GROWTH OF DIVIDENDS
• THE INVESTOR’S REQUIRED RETURN AND STOCK VALUATION
• ALTERNTIVE VALUATION TECHNIQUES: MULTIPLIES MODELS
• VALUATION AND THE EFFICIENT MARKET HYPOTHESIS
INVESTMENT RETURNS AND AGGREGATE
• MEASURES OF STOCK PERFORMANCE: AVERAGES AND INDEXES
• THE DOW JONES INDUSTRIAL AVERAGE
• OTHER INDEXES OF AGGREGATE STOCK PRICES
• RATES OF RETURN ON INVESTMENTS IN COMMON STOCK
• STUDIES OF INVESTMENT RETURNS
• REDUCING THE IMPACT OF PRICE FLUCTUATIONS:AVERAGING
THE MACROECONOMIC ENIVRONMENT
• THE LOGICAL PROGRESSION OF SECURITIES ANALYSIS
• THE ECONOMIC ENVIRONMENT
• MEASEURES OF ECONOMIC ACTIVITY
• THE CONSUMER PRICE INDEX
• THE FEDERAL RESERVE
• TISCAL POLICY
• THE 2009 ECONOMIC ENVIRONMENT
BEHAVIORAL FINANCE, TECHNICAL ANALYSIS
• BEHAVIORAL FINANCE
• TECHNICAL ANALYSIS
• MARKET INDICATORS
• SPECIFIC STOCK INDICATORS
• TECHNICAL ANALYSIS IN AN EFFICIENT MARKET CONTEXT
• THE DOGS OF THE DOW
THE BOND MARKET
• GENERAL FEATURES OF BONDS
• RISK
• THE MECHANICS OF PURCHASING BONDS
• VARIETY OF CORPORATE BONDS
• HIGH-YIELD SECURITIES
• ACCRUED INTEREST, ZERO COUPON BONDS, ORIGINAL-ISSUE DISCOUNT BONDS, AND INCOME TAXATION
• RETIRING DEBT
THE VALUATION OF FIXED-INCOME SECURITIES
• PERPETUAL SECURITIES
• BONDS WITH MATURITY DATES
• FLUCTUATIONS IN BOND PRICES
• THE VALUATION OF PREFERRED STOCK
• YIELDS
• RISK AND FLUCTUATIONS IN YIELDS
• REALIZED RETURNS AND THE REINVESTMENT ASSUMPTION
• DURATION, BOND PRICE CONVEXITY AND DURATION
• MANAGEMENT OF BOND PORTFOLIOS
GOVERNMENT SECURITIES
• THE VARIETY OF FEDERAL GOVERNEMENT DEBT
• FEDERAL AGENCIES DEBT
• STATE AND LOCAL GOVERNMENT DEBT
• AUTHORITY BONDS AND BUILD INDIA BONDS
• FOREIGN GOVERNMENT DEBT SECURITIES
• GOVERNMENT SECURITIES AND INVESTMENT COMPANIES
CONVERTIBLE BONDS AND CONVERTIBLE PREFERRED STOCK
• FEATURES OF CONVERTIBLE BONDS
• THE VALUATION OF CONVERTIBLE BONDS
• PREMIUMS PAID FOR CONVERTIBLE DEBT
• CONVERTIBLE PREFERRED STOCK
• SELECTING CONVERTIBLES
• CONTINGENT CONVERTIBLE BONDS
• PUT BONDS
INTRODUCTION TO OPTIONS
• CALL OPTIONS
• LEVERAGE
• WRITING CALLS
• PUTS
• PRICE PERFORMANCE OF PUTS AND CALLS
• STOCK INDEX OPTIONS
• CURRENCY AND INTEREST RATE OPTIONS
• WARRANTS
OPTION VALUATION AND STRATEGIES
• BLACK-SCHOLES OPTIONS VALUATION
• EXPENSING EMPLOYEE STOCK OPTIONS AND OPTION VALUATION
• PUT-CALL PARITY
• THE HEDGE RATIO
• ADDITIONAL OPTION STRATEGIES
• BUYING THE CALL AND A TREASURY BILL VERSUS BUYING THE STOCK
COMMODITY AND FINANCIAL FUTURES
• THE MECHANICS OF INVESTING IN FUTURES
• LEVERAGE
• HEDGING
• THE SELECTION OF COMMODITY FUTURE CONTRACTS
• THE PRICING OF FUTURES
• FINANCIAL FUTURES AND CURRENCY FUTURES
• FUTURES FOR DEBT INSTRUMENTS
• CURRENCY FUTURES