Investments, with eBook Access Code

Explains the essentials of investing and develops the analytical skills necessary for evaluating investment issues.

More than a simple introduction to the subject, Investments: Analysis and Management prepares students to tackle real-world investment problems and controversies using a systematic, highly practical approach. Emphasizing clarity and readability, authors Gerald Jensen and Tyler Jensen minimise complex formulas and simplify difficult material, enabling students of all levels and backgrounds to follow the entire discussion and further explore the subject.

Carefully organised chapters guide students through fundamental investing concepts, portfolio theory, common stock analysis and valuation, fixed-income and derivative securities, the essentials of security analysis and portfolio management, and more. A full complement of classroom-tested pedagogical tools, including bulleted summaries, numbered examples, spreadsheet exercises, computational problems, and chapter review questions, supports and strengthens student comprehension and retention of all material covered.

Fully revised and updated throughout, the fifteenth edition of Investments: Analysis and Management remains an ideal textbook for students with moderate business backgrounds taking an introductory investments course, business students working toward earning the CFA designation or an advanced degree in finance, and those wanting to learn about investments for their personal finances.