Request for consultation
Your form is submitting...
Overview
Teach students not only the underlying theory but also the skills to implement investment tasks with Adair/Nofsinger's unique FOUNDATIONS OF INVESTMENTS. From theory to practice to implementation, the authors use real examples, learning features and MindTap and Excel digital resources to skillfully present a theory, then illustrate and solve every investment process using spreadsheets. Theory helps students understand math and visualize portfolio construction, while practice illustrates the regulations and implications of diversification in mutual funds and other portfolios. Most importantly, this edition highlights the implementation phase of investment with the use of spreadsheets. The authors clearly demonstrate how to optimize return under the constraints of minimizing risk. Students study implement functions for different returns, data handling, probability distributions and regression analysis and examine powerful graphing tools to demonstrate charting in technical analysis.
- QUESTIONS AND PROBLEMS ADDRESS BOTH CONCEPTS AND COMPUTATION SKILLS. Questions ensure students master key terminology and conceptual understanding, while problems provide computational practice applying the methods described in the chapter. Many problems include an Excel data file that is referenced in the problem.
- OBJECTIVE-BASED LEARNING DIRECTS STUDENT ATTENTION TO KEY POINTS. Clear and concise learning objectives start each chapter and are closely tied to the text narrative, questions and problems. This edition's eBook in MindTap includes links to subheads for each objective. This tool makes it easy to navigate to specific parts of the chapter for targeted comprehension.
- KEY EQUATIONS VISUALLY STAND OUT FROM THE REST OF THE TEXT TO DRAW STUDENT ATTENTION TO THEIR IMPORTANCE. Key equations within each chapter are both screened and numbered to highlight their importance as students learn the underlying theory. All equations are summarized at the end of each chapter for students to conveniently use as they study and complete end-of-chapter problems.
- EXCEL EXPERT BOXES HIGHLIGHT EXAMPLES FROM THE TEXT. Most examples in this edition appear within Excel Expert boxes. Example solutions are presented through the spreadsheets so students can shift from theory to practice. Students build important problem-solving skills as they implement the suggested functions and formulas within Excel.
- DATA FROM ACTUAL FAMILIAR COMPANIES ADDS INTEREST AND EMPHASIZES THE RELEVANCE OF SKILLS. Throughout this edition, students work with real data from companies such as Tesla, AMD, JP Morgan, Apple and Walmart. Students see firsthand how the data describes and demonstrates actual performance from many of today’s leading companies.
- WORLD OF INVESTING APPLICATIONS EXPLORE TIMELY AND POPULAR TOPICS. These applications in each chapter provide students with popular topics and examples of today's investing world, drawn straight from the most recent headlines. Examples engage students with issues such as Bitcoin volatility, socially responsible investing (SRI) and GameStop (GME) Short Squeeze.
- CASE STUDIES USE REAL DATA AND ENCOURAGE DEEPER ANALYSIS. This edition's case studies ask students to work with actual data from companies such as Pfizer (PFE). In addition to solving for multiple requirements, case studies ask students to justify their conclusions after performing a more in-depth investment analysis.
1. Introduction to Investments.
2. Types and Attributes of Financial Instruments.
3. Securities Markets and Transactions.
4. Mutual Funds and Other Investment Companies.
PART II: Portfolio Theory.
5. Measuring Return and Risk.
6. Portfolios and Diversification.
7. Risk-Free and Risky Asset Allocation and the CAPM.
8. Asset Pricing Models and Efficient Markets.
9. Portfolio Performance Analytics.
PART III: Investing in Stock.
10. The Macroeconomic Environment for Investment Decisions.
11. Valuing Common Stock.
12. Valuing Preferred Stock.
PART IV: Investing in Debt.
13. Valuing Corporate Bonds.
14. Valuing Government Securities.
PART V: Investing in Derivative Securities.
15. An Introduction to Futures Contracts and Options.
16. Derivative Valuation and Strategies.
PART VI - Special Topics.
17. Technical Analysis.
Compare Buying Options
{{collapseContainerClosed['compare-buying-options'] ? 'Show More' : 'Show Less'}}
This Cengage solution can be seamlessly integrated into most Learning Management Systems (Blackboard, Brightspace by D2L, Canvas, Moodle, and more) but does require a different ISBN for access codes. Please work with your Cengage Learning Consultant to ensure the proper course set up and ordering information. For additional information, please visit the LMS Integration site.
Standalone Digital Access — Ultimate Value
Recommended and most popular
- ISBN-10: 0357130472
- ISBN-13: 9780357130476
- RETAIL $84.95
Textbook Only Options
Traditional eBook and Print Options
- ISBN-10: 0357710304
- ISBN-13: 9780357710302
- RETAIL $79.95
- ISBN-10: 0357130421
- ISBN-13: 9780357130421
- RETAIL $159.95
Cengage provides a range of supplements that are updated in coordination with the main title selection. For more information about these supplements, contact your Learning Consultant.
FOR STUDENTS
MindTap for Adair's Foundations of Investments, 1 term Instant Access
ISBN: 9780357130476
MindTap for Adair/ Nofsinger’s Foundations of Investments, 1st Edition is the digital learning solution that powers students from memorization to mastery. It gives you complete control of your course—to provide engaging content, to challenge every individual, and to build their confidence. Empower students to accelerate their progress with MindTap. MindTap: Powered by You.
MindTap gives you complete ownership of your content and learning experience. Customize the interactive syllabi, emphasize the most important topics, and add your own material or notes in the eBook.