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目次

Part 1 Corporate finance: taxes, market valuation and corporatefinancial policy; an approach to the valuation of uncertain income streams;corporate Income taxes, valuation, and problems of optimal capital structure;consistent regulatory policy under uncertainty; evaluating natural resourceinvestments; efficient financing under asymmetric information; vendorfinancing; latent assets; corporate finance over the past 25 years. Part 2Option pricing and derivatives markets: the valuation of American putoptions; finite differences methods and jump processes arising in the pricingof contingent claims - a synthesis; a continuous time approach to the pricingof bonds; the pricing of contingent claims in discreet time models; optimalportfolio insurance; time-invariant portfolio insurance strategies; portfolioinsurance and financial market equilibrium; information, trade, andderivative securities; stripping the S&P 500 Index. Part 3 Information andprice formation in financial markets: international portfolio investmentflows; stock prices and the supply of information; investment analysis andthe adjustment of stock prices to common information; investment analysis andprice formation in securities markets; alternative factor specifications,security characteristics, and the cross-section of expected stock returns.