Security analysis and portfolio management

This comprehensive interface of traditional and modern approaches to securities analysis and portfolio management embraces a global approach and uses the unique feature of applying concepts to a continuous example, McDonald's Corporation. Features a chapter on risks and returns. Expands integration of international investing materials into chapters on equities, bonds, and derivatives. Includes updated information on the latest developments in taxation and accounting that are relevant to securities analysis and investing. Expands material on derivatives to include newer option forms and discussion of the general subject of financial engineering.