Financial Markets and Institutions, 11th Edition
- includes Stock Trak Coupon
- Jeff Madura
- ISBN-10: 1133947875
- ISBN-13: 9781133947875
- 784 Pages | Hardcover
- Previous Editions: 2012, 2010, 2008
- COPYRIGHT: 2015 Published
Help students understand why financial markets exist, how financial institutions serve these markets, and what services those institutions offer with the solid conceptual framework in this best-selling finance text. Madura's leading FINANCIAL MARKETS AND INSTITUTIONS 11E emphasizes securities traded by financial institutions and the scope of participation of those financial institutions within each market. This text also focuses on the management, performance, and regulatory aspects of financial institutions and explores the functions of the Federal Reserve System, the major debt and equity security markets, and derivative security market. This text places significant emphasis on current reform with updates that reflect the most recent changes, developments, and trends in today's financial industry. Known for a solid, reader-friendly approach, author Jeff Madura blends clear writing and contemporary coverage with hands-on learning applications such as "Using the WALL STREET JOURNAL," and online research assignments. Timely examples further connect concepts to today's developments and financial trends. Each new copy of this edition includes a discount for Stock-Trak Global Portfolio Simulations Gold Service, the online trading simulation created specifically for classrooms worldwide that enables students to buy and sell stocks, bonds, mutual funds, options, future options, and more using hypothetical brokerage accounts.
PART I: OVERVIEW OF THE FINANCIAL ENVIRONMENT.
1. Role of Financial Markets and Institutions.
2. Determination of Interest Rates.
3. Structure of Interest Rates.
PART II: THE FED AND MONETARY POLICY.
4. Functions of the Fed.
5. Monetary Policy.
PART III: DEBT SECURITY MARKETS.
6. Money Markets.
7. Bond Markets.
8. Bond Valuation and Risk.
9. Mortgage Markets.
PART IV: EQUITY MARKETS.
10. Stock Offerings and Investor Monitoring.
11. Stock Valuation and Risk.
12. Market Microstructure and Strategies.
PART V: DERIVATIVE SECURITY MARKETS.
13. Financial Futures Markets.
14. Options Markets.
15. Swap Markets.
16. Foreign Exchange Derivative Markets.
PART VI: COMMERCIAL BANKING.
17. Commercial Bank Operations.
18. Bank Regulation.
19. Bank Management.
20. Bank Performance.
PART VII: NONBANK OPERATIONS.
21. Thrift Operations.
22. Finance Company Operations.
23. Mutual Fund Operations.
24. Securities Operations.
25. Insurance and Pension Fund Operations.
Appendix A: Comprehensive Project.
Appendix B: Using Excel to Conduct Analyses.
All supplements have been updated in coordination with the Main title.
Please see Main title page for new to this edition information.
Accessible from the instructor companion site, Cengage Learning Testing Powered by Cognero is a flexible, online system that allows you to author, edit, and manage test bank content from multiple Cengage Learning solutions; create multiple test versions in an instant; and deliver tests from your LMS, your classroom, or wherever you want. The Cognero Test Bank content is tagged according to Tier I (Business Program Interdisciplinary Learning Outcomes) and Tier II (Finance-specific) standards, topic, Bloom's Taxonomy, and difficulty level.Instructor's Edition (with Stock Trak Coupon) (ISBN-10: 1133962025 | ISBN-13: 9781133962021)
Put all the instruction tools you need at your fingertips. The website includes Microsoft® Word versions of the Instructor Manual and Test Bank, PowerPoint lecture slides, and access to the Cognero Test Bank. Additionally, students can find the Web chapters, appendices, or integrated problems posted as free materials on the Web site for this edition.