AE Investments: An Introduction,
13th Edition

Herbert B. Mayo

ISBN-13: 9789814922852
Copyright 2020 | Published
840 pages | List Price: USD $249.95

Introduce your students to today's most important investment topics from the perspective of an individual financial planner with Mayo's INVESTMENTS: AN INTRODUCTION, 13E. This edition uses an inviting approach to present the process of investing and the many alternatives available for constructing a strong investment portfolio. Through this process, students learn how to manage their own assets as active portfolio managers as well as how to let others manage their portfolios as informed, but passive, investors. This comprehensive approach to investments takes students from mastering the fundamentals for the investing section of the CFP® exam through more advanced topics. The latest updates highlight changes in taxation and investment planning prompted by the 2018 Tax Cuts and Jobs Act (TCJA). Students also examine how the 2008 financial crisis is still impacting volatility in investments today.

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Part I: THE INVESTMENT PROCESS AND FINANCIAL CONCEPTS.
1. An Introduction to Investments.
2. Securities Markets.
3. The Time Value of Money.
4. Financial Planning, Taxation and the Efficiency of Financial Markets.
5. Risk and Portfolio Management.
Part II: INVESTMENT COMPANIES.
6. Investment Companies: Mutual Funds.
7. Closed-End Investment Companies, Real Estate Investment Trusts (REITs), and Exchange-Traded Funds (ETFs).
Part III: INVESTING IN COMMON STOCK.
8. Stock.
9. The Valuation of Common Stock.
10. Investment Returns and Aggregate Measures of Stock Markets.
11. The Macroeconomic Environment for Investment Decisions.
12. Behavioral Finance and Technical Analysis.
Part IV: INVESTING IN FIXED-INCOME SECURITIES.
13. The Bond Market.
14. The Valuation of Fixed-Income Securities.
15. Government Securities.
16. Convertible Bonds and Convertible Preferred Stock.
Part V: DERIVATIVES.
17. An Introduction to Options.
18. Option Valuation and Strategies.
19. Commodity and Financial Futures.
Part VI: AN OVERVIEW.
20. Financial Planning and Investing in an Efficient Market Context.

  • Herbert B. Mayo

    Dr. Herbert Mayo teaches finance at The College of New Jersey, where he previously served as former Director of Accreditation. A well-respected author and experienced educator, Dr. Mayo has written several successful books focusing on critical finance issues and today's investment opportunities. Dr. Mayo earned his Ph.D. from Rutgers University and his undergraduate degree from the University of North Carolina at Chapel Hill.

  • UPDATES REFLECT THE LATEST CHANGES IN TAXATION AND INVESTMENT PLANNING. The author has carefully updated content throughout this edition to address the most recent changes and developments stemming from the 2018 Tax Cuts and Jobs Act (TCJA).

  • UPDATED AND REVISED CONTEMPORARY EXAMPLES FEATURE MANY OF TODAY'S POPULAR INVESTMENT OPTIONS. Memorable examples drawn from actual investment opportunities highlight common investments, such as United Health Group, Apple, and Intel.

  • UPDATED, UNIQUE PERSPECTIVE EXAMINES THE 2008 FINANCIAL CRISIS. The author offers an insightful analysis of the 2008 financial crisis from a "ten-year-out" perspective that challenges students to reflect and evaluate.

  • NEW COVERAGE HIGHLIGHTS TODAY'S VOLATILITY AS A RESULT OF THE 2008 FINANCIAL CRISIS. This edition focuses on the increased concerns and emphasis on volatility since the 2008 financial crisis. Students study the changes in spreads, increased use of volatility indices, and other common tools and concerns that were prompted by the last financial crisis.

  • EXPANDED END-OF-CHAPTER MATERIAL RESPONDS TO STUDENT FEEDBACK. This edition's now offers a larger number of "Relationships" and "Fundamental Worked Problems" at the end of each chapter, based on student requests. "Relationships" features ask students to think critically to determine the relationship between two things, such as how an increase in interest rates affects the price and face value of a bond.

  • UPDATES REFLECT THE LATEST CHANGES IN TAXATION AND INVESTMENT PLANNING. The author has carefully updated content throughout this edition to address the most recent changes and developments stemming from the 2018 Tax Cuts and Jobs Act (TCJA).

  • UPDATED AND REVISED CONTEMPORARY EXAMPLES FEATURE MANY OF TODAY'S POPULAR INVESTMENT OPTIONS. Memorable examples drawn from actual investment opportunities highlight common investments, such as United Health Group, Apple, and Intel.

  • UPDATED, UNIQUE PERSPECTIVE EXAMINES THE 2008 FINANCIAL CRISIS. The author offers an insightful analysis of the 2008 financial crisis from a "ten-year-out" perspective that challenges students to reflect and evaluate.

  • NEW COVERAGE HIGHLIGHTS TODAY'S VOLATILITY AS A RESULT OF THE 2008 FINANCIAL CRISIS. This edition focuses on the increased concerns and emphasis on volatility since the 2008 financial crisis. Students study the changes in spreads, increased use of volatility indices, and other common tools and concerns that were prompted by the last financial crisis.

  • EXPANDED END-OF-CHAPTER MATERIAL RESPONDS TO STUDENT FEEDBACK. This edition's now offers a larger number of "Relationships" and "Fundamental Worked Problems" at the end of each chapter, based on student requests. "Relationships" features ask students to think critically to determine the relationship between two things, such as how an increase in interest rates affects the price and face value of a bond.

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.