This book seeks to capture the essence of modern developments and provides a guided tour of the intricate and complex world of investments. It presents a framework for portfolio management in a comprehensive manner and covers techniques used by professionals for analyzing and valuing investment alternatives and portfolio management. It not only describes the characteristics of various investment alternatives available to investors but also discusses how the securities market functions. This new edition sensitizes the reader to the pitfalls of investments and offers a set of guidelines with varying inclination in tune with the latest investment changes.
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