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Targeting readers with backgrounds in economics, Intermediate Financial Theory, Third Edition includes new material on the asset pricing implications of behavioral finance perspectives, recent developments in portfolio choice, derivativesrisk neutral pricing research, and implications of the 2008 financial crisis. Each chapter concludes with questions, and for the first time a freely accessible website presents complementary and supplementary material for every chapter. Known for its rigor and intuition, Intermediate Financial Theory is perfect for those who need basic training in financial theory and those looking for a userfriendly introduction to advanced theory. Completely updated edition of classic textbook that fills a gap between MBA and PhDlevel texts Focuses on clear explanations of key concepts and requires limited mathematical prerequisites Online solutions manual available Updates include new structure emphasizing the distinction between the equilibrium and the arbitrage perspectives on valuation and pricing, and a new chapter on asset management for the longterm investor
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer,
birth defects, or other reproductive harm.
While the content of 'Intermediate Financial Theory' is solid, I struggled with the layout. The chapters felt a bit jumbled and it made finding specific sections a hassle. I expected better organization.
S
Sofia Chen
Not the best layout
While the content of 'Intermediate Financial Theory' is solid, I struggled with the layout. The chapters felt a bit jumbled and it made finding specific sections a hassle. I expected better organization.
S
Sofia Chen
Not the best layout
While the content of 'Intermediate Financial Theory' is solid, I struggled with the layout. The chapters felt a bit jumbled and it made finding specific sections a hassle. I expected better organization.
C
Carlos Mendes
Solid resource for finance students
As a finance major, I found 'Intermediate Financial Theory' to be quite comprehensive. The explanations are clear, and the examples help a lot in understanding complex concepts. I’d say it’s a must for anyone serious about finance.
C
Carlos Mendes
Solid resource for finance students
As a finance major, I found 'Intermediate Financial Theory' to be quite comprehensive. The explanations are clear, and the examples help a lot in understanding complex concepts. I’d say it’s a must for anyone serious about finance.
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⚠️ California Proposition 65 Warning: Some products sold on this website may expose you to chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm. For more information, visit www.P65Warnings.ca.gov.