Includes index.

Contents: A brief history of risk and return -- The investment process -- Overview of security types -- Mutual funds and other investment companies -- The stock market -- Common stock valuation -- Stock price behavior and market efficiency -- Behavior finance and the psychology of investing -- Interest rates -- Bond prices and yields -- Diversification and risky asset allocation -- Return, risk, and the security market line -- Performance evaluation and risk management -- Future contracts -- Stock options -- Option valuation -- Projecting cash flow and earnings -- Corporate and government bonds -- Global economic activity and industry analysis -- Mortgage-backed securities.