This book helps prepare students for careers in Finance by describing a wide range of instruments for financing, investing, and controlling risk available in today-s financial markets. In-depth coverage of the various sectors of the financial markets provides students with a solid foundation of information. Discussion of the latest instruments enables students to recognize the contribution made by a new financial instrument. Blending of theory and practice provides students with a balanced presentation. End-of-chapter questions using material from practitioner publications allow students to review and reinforce material using real-world resources. NEW TO THIS EDITION : Several new chapters have been added including one on Insurance Companies Asset Management Firms Investment Banking Firms Commercial Mortgages and Mortgage Backed Securities International Bond Markets Credit Risk Transfer Vehicles