Bodie: Investments, 11th edition

The integrated solutions for Bodie, Kane, and Marcus' Investments set the standard for graduate/MBA investments textbooks. The unifying theme is that security markets are nearly efficient, meaning that most securities are priced appropriately given their risk and return attributes. The content places greater emphasis on asset allocation and offers a much broader and deeper treatment of futures, options, and other derivative security markets than most investment texts.
Connect is the only integrated learning system that empowers students by continuously adapting to deliver precisely what they need, when they need it, and how they need it, so that your class time is more engaging and effective.

ISBNS: 1259277178 / 9781259277177
Publication Date: 5/30/17

Click here for a message from the author(s) about the new edition

NEW IN THE ELEVENTH EDITION

The following is a guide to changes in the Eleventh Edition. This is not an exhaustive road map, but instead is meant to provide an overview of substantial additions and changes to coverage from the last edition of the text.

Chapter 1 The Investment Environment
This chapter contains additional discussions of corporate governance, particularly activist investors and corporate control.

Chapter 3 How Securities Are Traded
We have updated this chapter and included new material on trading venues such as dark pools.

Chapter 5 Risk, Return, and the Historical Record
This chapter has been updated and substantially streamlined. The material on the probability distribution of security returns has been reworked for greater clarity, and the discussion of long-run risk has been simplified.

Chapter 7 Optimal Risky Portfolios The material on risk sharing, risk pooling, and time diversification has been extensively rewritten with a greater emphasis on intuition.

Table of Contents

PART I Introduction
1 The Investment Environment
2 Asset Classes and Financial Instruments
3 How Securities Are Traded
4 Mutual Funds and Other Investment Companies

PART II Portfolio Theory and Practice
5 Risk, Return, and the Historical Record
6 Capital Allocation to Risky Assets
7 Optimal Risky Portfolios
8 Index Models

PART III Equilibrium in Capital Markets
9 The Capital Asset Pricing Model
10 Arbitrage Pricing Theory and Multifactor Models of Risk and Return
11 The Efficient Market Hypothesis
12 Behavioral Finance and Technical Analysis
13 Empirical Evidence on Security Returns

PART IV Fixed-Income Securities
14 Bond Prices and Yields
15 The Term Structure of Interest Rates
16 Managing Bond Portfolios

Sample Chapter

Learn more about the new edition by visiting this virtual brochure.

Instructor resources

Want to see the Instructor Resources for the new edition?
Log in to Connect or click HERE and a representative will provide access as soon as the resources are available.

Digital resources


Connect

By prompting students to engage with key concepts, while continually adapting to their individual needs, Connect activates learning and empowers students to take control resulting in better grades and increased retention rates. Proven online content integrates seamlessly with our adaptive technology, and helps build student confidence outside of the classroom.

Learn More



SmartBook

Available within Connect, SmartBook actively tailors content to the individual student- The more a student interacts with SmartBook, the better it gets to know what they know and what they don’t know, helping students to maximize study time. By providing students with a safe place to make mistakes, showing them the areas they need to work on most, and by giving them consistent, personalized feedback at the exact moment they need it, SmartBook helps them to bridge their knowledge gaps and come to class prepared.

Learn More

Click Here to request a review copy.