Bond Evaluation, Selection, and Management, + Website, 2nd Edition

Praise for Bond Evaluation, Selection, and Management, Second Edition

"This book is an excellent resource for students or practitioners who want to learn more about bonds."
—Jeff Madura, SunTrust Bank Professor of Finance, Florida Atlantic University

"Johnson does an excellent job of covering and integrating a wide range of topics—bond evaluation, debt markets, securitization, binomial valuation, investment strategies, swaps, and debt derivatives. The book also includes many current topics and issues that have recently characterized the fixed-income investment environment—the 2008 financial crisis, China's investments, fixed-income ETFs, subprime mortgages, and credit default swaps. With over 400 end-of-chapter problems and Web exercises, as well as accompanying programs, this book has a strong pedagogical content that will take students from a fundamental to an advanced understanding of the fixed-income market."
—Rick Zuber, Chair and Professor of Economics, Belk College of Business, UNC Charlotte