PDF Ebook Financial Institutions and Markets (2nd Ed.), by Meir G. Kohn
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Financial Institutions and Markets (2nd Ed.), by Meir G. Kohn
PDF Ebook Financial Institutions and Markets (2nd Ed.), by Meir G. Kohn
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- Published on: 2003
- Binding: Paperback
Most helpful customer reviews
1 of 1 people found the following review helpful.
Five Stars
By MisplacedTexan
Awesome book. And shipped on time.
2 of 2 people found the following review helpful.
Markets fully explained
By MarketWatcher
Financial Institutions and Markets by Meir Kohn is, in my estimation, an astonishing compilation that describes everything relative to the marketplace, from banking to debt markets and to equity markets.
The inside liner note states the book is intended for use alongside an undergraduate or master's course in finance. But I, being of neither, purchased the book as a stand-alone. I am pleased with my decision to buy the book and have found it is well organized and easy to read. Only on rare occasion did I find any mathematical rigor (calculating coupon payments and so on). Nearly all of the book, however, is plain text that explains the markets.
Some highlights include: four ways that businesses raise capital for investment, what commercial paper is and what it has to do with money market funds, what swaps are and how they are used, mortgage strips, stock exchanges, call auctions, the role of market makers, and many more.
The book is quite lengthy. I initially skipped the banking, debt, and insurance chapters and went right to the section that described the stock market. Having satisfied that, I am now backfilling the rest of the book and have been content if not surprised with the directness and clarity the author has provided on all subjects.
3 of 5 people found the following review helpful.
Excellent general finance book
By A Customer
Great book. Very clear and concise. Good, clear examples. This is the best book for someone seeking to understand how the financial markets really work.
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