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. Maduraas leading FINANCIAL MARKETS AND INSTITUTIONS, 10E emphasizes securities traded by financial institutions and the scope of participation of those financial institutions within each market. This edition 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 edition places significant emphasis on current financial reform as updates throughout reflect the most recent financial changes, developments and trends in todayas financial industry. Known for a solid, reader-friendly approach, author Jeff Madura blends a clear writing and contemporary coverage with hands-on learning applications such as Point/Counterpoint, Using the Wall Street Journal, and new online research assignments. Timely examples further connect concepts to todayas 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. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.CREDIT CRISIS FOR FINANCIAL INSTITUTIONS Following the abrupt increase in home prices in the 2004a2006 period, ... and there was an excess of unoccupied homes as homeowners who could not pay the mortgage left their homes.
|Title||:||Financial Markets and Institutions|
|Publisher||:||Cengage Learning - 2011-10-11|