Summary |
The book recognizes that domestic and foreign financial markets are becoming increasingly integrated and that financial intermediaries are evolving towards a single financial services industry. The analytical rigor is mathematically accessible to all levels of students , undergraduate and graduate, and is balanced by a comprehensive discussion of the unique environment within which financial markets and institutions operate. Important practical tools such as how to issue and trade financial securities and how to analyze financial statements and loan applications will arm students with skills necessary to understand and manage financial market and institution risks in this dynamic environment.
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