The 11th edition offers a concise presentation, delivering comprehensive yet streamlined content for flexible course coverage. Ethics discussions highlight the importance of ethical behavior in financial markets and encourage students to reflect on their
alues.
The text maintains a strong global perspective with the most comprehensive international finance coverage available. Expanded coverage of technology and regulations explains their transformative impact on global security markets.
The edition provides unrivaled insight into both domestic and global investment practices, emphasizing the need for international market knowledge. Derivative securities are thoroughly covered in three dedicated chapters, reflecting their mainstream role in modern investing.
The table of contents has been revamped and condensed into 18 chapters for a more efficient and effective learning experience. Equity valuation and management content has been reorganized from six chapters into a more concise four-chapter section (Chapters 8–11).
Cengage digital App includes: Data sets
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