Investments: A Concise Introduction is about stocks, bonds, mutual funds, options, and futures. More importantly, it is about risk and reward; about portfolios and diversi cation; about value and price. These are the fundamental tools of investment decision making. This book is intended to be used in a one semester course in investments. The presentation is rigorous and students are expected to have knowledge of algebra, statistics, and basic nance. For the sake of completeness, a brief review of the concepts from statistics and basic nance is provided where needed. Specifically, the objective of this book is to present a concise introduction to the essential concepts of investments. To keep the book to a reasonable length so that all of it can be covered in a one semester course, many ideas have been brought out only through examples or the end-of-the-chapter exercises.
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