This text emphasizes the modern fundamentals of the theory of finance. It provides contemporary examples to help the theory come to life. Topics covered include: arbitrage, net present value, efficient markets, agency theory...

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This text emphasizes the modern fundamentals of the theory of finance. It provides contemporary examples to help the theory come to life. Topics covered include: arbitrage, net present value, efficient markets, agency theory, options, and the trade-off between risk and return.

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