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 resourceSeveral 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