Essentials of Investments
Final PDF to printer
bod72160fmi-xxvi.indd ii 10/08/20 03:23 PM
FINANCIAL MANAGEMENT
Block, Hirt, and Danielsen
Foundations of Financial Management
Seventeenth Edition
Brealey, Myers, and Allen
Principles of Corporate Finance
Thirteenth Edition
Brealey, Myers, and Allen
Principles of Corporate Finance,
Concise
Second Edition
Brealey, Myers, and Marcus
Fundamentals of Corporate Finance
Tenth Edition
Brooks
FinGame Online 5.0
Bruner, Eades, and Schill
Case Studies in Finance: Managing
for Corporate Value Creation
Eighth Edition
Cornett, Adair, and Nofsinger
Finance: Applications and Theory
Fifth Edition
Cornett, Adair, and Nofsinger
M: Finance
Fifth Edition
DeMello
Cases in Finance
Third Edition
Grinblatt (editor)
Stephen A. Ross, Mentor: Influence
through Generations
Grinblatt and Titman
Financial Markets and Corporate
Strategy
Second Edition
Higgins
Analysis for Financial Management
Twelfth Edition
Ross, Westerfield, Jaffe, and Jordan
Corporate Finance
Thirteenth Edition
Ross, Westerfield, Jaffe, and Jordan
Corporate Finance: Core Principles
and Applications
Sixth Edition
The McGraw Hill Education Series in Finance, Insurance, and Real Estate
Ross, Westerfield, and Jordan
Essentials of Corporate Finance
Tenth Edition
Ross, Westerfield, and Jordan
Fundamentals of Corporate Finance
Thirteenth Edition
Shefrin
Behavioral Corporate Finance:
Decisions That Create Value
Second Edition
INVESTMENTS
Bodie, Kane, and Marcus
Essentials of Investments
Twelfth Edition
Bodie, Kane, and Marcus
Investments
Twelfth Edition
Hirt and Block
Fundamentals of Investment
Management
Tenth Edition
Jordan, Miller, and Dolvin
Fundamentals of Investments:
Valuation and Management
Ninth Edition
Stewart, Piros, and Heisler
Running Money: Professional
Portfolio Management
First Edition
Sundaram and Das
Derivatives: Principles and Practice
Second Edition
FINANCIAL INSTITUTIONS
AND MARKETS
Rose and Hudgins
Bank Management and
Financial Services
Ninth Edition
Rose and Marquis
Financial Institutions and Markets
Eleventh Edition
Saunders and Cornett
Financial Institutions Management:
A Risk Management Approach
Tenth Edition
Saunders and Cornett
Financial Markets and Institutions
Eighth Edition
INTERNATIONAL FINANCE
Eun and Resnick
International Financial Management
Eighth Edition
REAL ESTATE
Brueggeman and Fisher
Real Estate Finance and Investments
Sixteenth Edition
Ling and Archer
Real Estate Principles: A Value
Approach
Sixth Edition
FINANCIAL PLANNING AND
INSURANCE
Allen, Melone, Rosenbloom, and
Mahoney
Retirement Plans: 401(k)s, IRAs,
and Other Deferred Compensation
Approaches
Twelfth Edition
Altfest
Personal Financial Planning
Second Edition
Harrington and Niehaus
Risk Management and Insurance
Second Edition
Kapoor, Dlabay, Hughes, and Hart
Focus on Personal Finance: An
Active Approach to Help You
Achieve Financial Literacy
Seventh Edition
Kapoor, Dlabay, Hughes, and Hart
Personal Finance
Thirteenth Edition
Walker and Walker
Personal Finance: Building Your
Future
Second Edition
Final PDF to printer
bod72160fmi-xxvi.indd iii 10/08/20 03:23 PM
Twelfth Edition
ZVI BODIE
Boston University
ALEX KANE
University of California, San Diego
ALAN J. MARCUS
Boston College
Essentials of Investments
Final PDF to printer
bod50099fmise.indd iv 10/05/20 05:28 PM
ESSENTIALS OF INVESTMENTS
Published by McGraw Hill LLC, 1325 Avenue of the Americas, New York, NY 10121. Copyright © 2022 by
McGraw Hill LLC. All rights reserved. Printed in the United States of America. No part of this publication may
be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without
the prior written consent of McGraw Hill LLC, including, but not limited to, in any network or other electronic
storage or transmission, or broadcast for distance learning.
Some ancillaries, including electronic and print components, may not be available to customers outside the
United States.
This book is printed on acid-free paper.
1 2 3 4 5 6 7 8 9 0 LWI 24 23 22 21
ISBN 978-1-265-45009-0
MHID 1-265-45009-9
Cover Image: olgers/Shutterstock
All credits appearing on page or at the end of the book are considered to be an extension of the copyright page.
The Internet addresses listed in the text were accurate at the time of publication. The inclusion of a website does
not indicate an endorsement by the authors or McGraw Hill LLC, and McGraw Hill LLC does not guarantee the
accuracy of the information presented at these sites.
mheducation.com/highered
Final PDF to printerv
bod72160fmi-xxvi.indd v 10/08/20 03:23 PM
Zvi Bodie
Boston University
Professor of Finance and Economics Emeritus at Boston University School of Management
Zvi Bodie is Professor Emeritus at Boston University. He earned his Ph.D. in economics
from MIT. He has published widely on pension finance and investment strategy and is best
known for applying financial theory to life-cycle saving and investing, especially assetliability matching. He has directed major research projects for the National Bureau of
Economic Research and the Pension Research Council. Bodie’s books include Foundations
of Pension Finance, Pensions in the U.S. Economy, Issues in Pension Economics, and
Financial Aspects of the U.S. Pension System. Bodie has been a visiting professor at the
Harvard Business School and MIT’s Sloan School of Management. In 2007, the Retirement
Income Industry Association gave him its Lifetime Achievement Award for applied research,
and in 2019, the Plan Sponsors Council of America awarded him a lifetime achievement award.
Alex Kane
University of California, San Diego
Professor of Finance and Economics at the Graduate School of International Relations and
Pacific Studies at the University of California, San Diego
Alex Kane holds a Ph.D. from the Stern School of Business of New York University and has
been Visiting Professor at the Faculty of Economics, University of Tokyo; Graduate School
of Business, Harvard; Kennedy School of Government, Harvard; and Research Associate,
National Bureau of Economic Research. An author of many articles in finance and management journals, Professor Kane’s research is mainly in corporate finance, portfolio management, and capital markets.
Alan J. Marcus
Boston College
Mario J. Gabelli Professor of Finance at the Carroll School of Management, Boston College
Alan Marcus received his Ph.D. from MIT, has been a Visiting Professor at MIT’s Sloan
School of Management and Athens Laboratory of Business Administration, and has served
as a Research Fellow at the National Bureau of Economic Research, where he participated
in both the Pension Economics and the Financial Markets and Monetary Economics Groups.
Professor Marcus also spent two years at the Federal Home Loan Mortgage Corporation
(Freddie Mac), where he helped to develop mortgage pricing and credit risk models. His consulting work has ranged from new-product development to provision of expert testimony in
utility rate proceedings. Professor Marcus has published widely in the fields of capital markets and portfolio theory. He currently serves on the Research Foundation Advisory Board of
the CFA Institute.
概括
《投资学精要》第十二版由兹维·博迪、亚历克斯·凯恩和艾伦·马库斯合著，涵盖金融管理、投资、金融机构与市场、国际金融、房地产及财务规划等领域。本书隶属于麦格劳·希尔教育出版集团金融、保险与房地产系列，重点探讨公司金融核心原则、投资组合管理及衍生品实践等内容。三位作者均为知名学者，在养老金金融、资产定价及资本市场研究方面具有深厚造诣。该书适用于金融专业学生及从业者，强调理论在生命周期投资决策中的应用，并整合了风险管理与行为金融学的前沿观点。
