FT Guide to Understanding Finance: A no-nonsense companion to financial tools and techniques by Javier EstradaFT Guide to Understanding Finance: A no-nonsense companion to financial tools and techniques by Javier Estrada

FT Guide to Understanding Finance: A no-nonsense companion to financial tools and techniques

byJavier Estrada

Paperback | June 18, 2011

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Whether you are an executive or a student, beginner or expert, this book is designed to explain and illustrate the working essentials of finance with clarity and speed.

This desktop companion deliberately combines essential theory with real-world application, using short, focused chapters to help you find what you need and implement it right away. www.pearsoned.co.uk/estrada

Javier Estrada holds an M.S. in Finance and a Ph.D. in Economics both from the University of Illinois at Urbana-Champaign. He is currently an associate professor at the IESE Business School in Barcelona, Spain; the co-editor of the Emerging Markets Review; and a wealth management advisor at Sports Global Consulting. He has published e...
Title:FT Guide to Understanding Finance: A no-nonsense companion to financial tools and techniquesFormat:PaperbackDimensions:432 pages, 9.3 × 6.7 × 1 inPublished:June 18, 2011Publisher:Pearson EducationLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:027373802X

ISBN - 13:9780273738022

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Table of Contents

Publisher's acknowledgments

Preface to the second edition 

Preface to the first edition                     


PART I: RISK AND RETURN                                                                                    

1          Returns (I): Basic concepts                                                                                   

2          Returns (II): Mean returns                                                                                  

3          Risk (I): Total risk                                                                                              

4          Risk and return (I): Portfolios                                                                              

5          Risk (II): Diversification                                                                                      

6          Risk (III): Systematic risk                                                                                   

7          Risk and return (II): The CAPM and the cost of capital                                        

8          Risk and return (III): The three-factor model                                                        

9          Risk (IV): Downside risk                                                                                    

10         Risk and return (IV): Risk-adjusted returns                                                         

11         Risk and return (V): Portfolio optimization                                                          

12         Risk and return (VI): The long term                                                                   


PART II: VALUATION                                                                                           

13         Stocks (I): The dividend discount model                                                              

14         Stocks (II): The WACC model                                                                          

15         Stocks (III): Other DCF models                                                                        

16         Stocks (IV): Reverse valuation                                                                          

17         Stocks (V): Relative valuation                                                                            

18         Bonds (I): Prices and yields                                                                               

19         Bonds (II): Default risk and market risk                                                             

20         Bonds (III): Duration and convexity                                                                   


PART III: OTHER IMPORTANT TOPICS                                                           

21         NPV and IRR                                                                                                  

22         Real options                                                                                                     

23         Corporate value creation                                                                                   

24         Options                                                                                                            

25         Futures and forwards                                                                                        

26         Currencies                                                                                                       


PART IV: STATISTICAL BACKGROUND                                                           

27         Stats (I): Summary statistics                                                                              

28         Stats (II): Normality                                                                                          

29         Stats (III): Non-normality                                                                                  

30         Stats (IV): Regression analysis