Teach students not only the underlying theory but also the skills to implement investment tasks with Adair/Nofsinger's unique FOUNDATIONS OF INVESTMENTS. From theory to practice to implementation, the authors use real examples, learning features and MindTap and Excel digital resources to skillfully present a theory, then illustrate and solve every investment process using spreadsheets. Theory helps students understand math and visualize portfolio construction, while practice illustrates the regulations and implications of diversification in mutual funds and other portfolios. Most importantly, this edition highlights the implementation phase of investment with the use of spreadsheets. The authors clearly demonstrate how to optimize return under the constraints of minimizing risk. Students study implement functions for different returns, data handling, probability distributions and regression analysis and examine powerful graphing tools to demonstrate charting in technical analysis.
