Intermediate financial theory Upplaga 1

Intermediate Financial Theory is intended primarily for students seeking a master's degree and advanced MBAs taking a course in finance. This text is for those who find the doctoral texts excessively abstract and introductory texts too elementary. Features: Offers a concise, rigorous, yet accessible review of the main ideas of modern financial theory Modern Portfolio Theory in Chapter 5 Capital Asset Pricing Model in Chapter 6 Martingale Measure in Chapters 9 and 11 Arbitrage Pricing Theory in Chapter 12 Efficient Market Hypothesis in Chapter 14 Provides a glance into those new developments and ideas that are likely to shape future financial practice and thinking Arrow-Debreu pricing in Chapter 7 Risk-neutral pricing in Chapters 9 and 11 Consumption Capital Asset Pricing Model in Chapter 10 Market incompleteness in Chapter 13 Dirrerential information in Chapter 14 For more information on this and other Prentice Hall titles, please visit our Web site at: www.prenhall.com (select finance in the discipline finder).