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Money and Capital Markets offers thorough coverage of financial institutuions and markets for upper level endergraduate and MBA students.
Prerequisites for the text are an introductory finance course and basic knowledge of algebra. Money and capital Markets presents the major theories of the impact of inflation, government spending, and monetary policy upon interest rates. In order to emphasize factors determining the prices and risks of financial instruments, descriptive information about institutions is kept to a minimum. The links between different types of securities are...

This book provides an introduction to bond markets and bond derivatives for students as well as for executives in commercial businesses and financial institutions. It also:

• Presents the essential elements of debt instruments in an intuitive manner;
  
• Covers updated institutional material, new sections on callable bonds and the yield to call, convertible bonds, and methods for estimating and modern models of term structure of interest rates, as well as a comprehensive discussion of bonds in the European Economic Union;
  
• Includes...